According to a recent report by Newzoo, the revenue of the top 25 game companies increased to $41.1 billion in the first half of 2017, a 20% increase from the same period last year. In addition, the revenue of the top 10 indie game companies also increased to 31.4 billion USD, up 24% from last year. It is worth mentioning that revenue from mobile games accounts for 42% of the total revenue of the top 10 game companies, up 40% in the first half of last year. Tencent is once again the biggest gaming company with $7.4 billion in revenue, followed closely by Sony, which grew 25% year-over-year with revenue of $4.3 billion.
Prospects and revenue from Chinese people
Tencent has proven why it is the number one gaming company in the world, with revenue growing by 50% to $7.4 billion in the first half of 2017. An additional $2.5 billion year-over-year. , mobile games are the strength of this game company when bringing a huge amount of profit to the company, even higher than PC games. Tencent’s revenue is almost double that of Sony in second place. Tencent’s success is fueled by the popularity of Honor of Kings, which has 200 million players in China. The company is also driving and sustaining this growth by releasing games in the European and US markets, launching the WeGame gaming platform, and launching a special Chinese version of Rocket League, Free. -to-play.
Not LOL but this is the most profitable game for Tencent – Honor of Kings
NetEase also had positive moves when it increased to 53% in the first half of this year. Last year we mentioned NetEase as one of the formidable competitors in the top 5. Although they could not make it, thanks to the success of Fantasy Westwar Journey Online, the birth of its predecessor Fantasy Westwar Journey Online 2, along with new names like Ghost Story and Onmyoji will probably make them in the top 5 by the end of the year.
Sony is in second place as the company with the largest revenue for consoles. Sony’s growth of 25% was mainly through titles sold on the Playstation Network. Microsoft takes 4th place but grows slower than Sony.
Nintendo and Take Two are growing at an unbelievable rate
In addition to the above game companies, Nintendo and Take Two are growing at an unbelievable rate, which makes them the fastest growing game companies in the top 25. With the popularity of Nintendo Switch, Nintendo has achieved it. unexpected successes. As for Take Two, with the success of GTA V, it is not surprising, the game still retains its best-selling brand even though it has been released for 4 years with the rise of GTA Online, this is the is Take Two’s source of income and development.
In 12th place is a Korean mobile game company called Netmarble, below is Nexon. Netmarble had a really successful IPO this May, causing revenue to increase by 81% compared to 2016. The game company benefits from the release of titles like LineAge 2 Revolution, but the owners of the titles. NC re-released a mobile version of this game called LineAge M, which will cause its revenue to go down significantly. The game company with the second strongest increase in revenue is PerfectWorld with an increase of 90%.
GungHo Entertainment was the only company in the top 25 to see a drop in revenue, losing 20% of its revenue trying to mimic the success of Puzzles & Dragon. Sega and Zynga failed to make the top 25 because of low revenue even though Sega regained growth and Zynga started to focus heavily on mobile titles.
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