Top 7 gaming companies in 2023
The gaming industry has made a huge impact on the entertainment sector. Compared to conventional form of entertainment like movies and TV shows, gaming has leapt far ahead from these. The reason behind this is that in traditional entertainment, the audience is “viewer”. But the audience in games are players. This is the deciding factor to key in. Video game players are constantly engaged in activity. Which results into more exciting and active participation.
From console to PC rigs and even mobile phones are no exception to the growing platform reach for gamers. This made it more immersive and accessible due to its reach and hardware as well as software compatibility. But this goes beyond just playing and entertainment. Gaming gives a chance for creativity, socialization and in some cases even getting educated in certain games. Professional gamers making huge money through competitive gaming. Streamers connect with their fans and reach out and employment rate takes off too to next level.
There are various aspects based on which we can access the performance of an company. It could be game diversity , cross platform accessibility, popularity, total gross sells or no of copies sold. For today’s list we’re going to make a list based on the total revenue generated by the companies in 2023 in reverse order.
List of Top 7 companies in 2023
7. Epic Games
There’s not a single soul in gaming industry who is unaware of Fortnite. The game made it’s debut in 2017 and since it’s on a hot roll for all we know. The game received the title of most popular game among battle royale. Fortnite single handedly made it possible for Epic Games to rank among the highest grossing game of the company. Fortnite is the flagship entry of the company and brings majority of revenue through the same.
The company has been around since 1991 and based in North Carolina , USA. The company generated a total revenue of $5.8 billion placing it on number 7 of the list. Sony and Tencent holding company has stakes in the company as well. The other most popular games of the EPIC are Rocket league, Hitman-3 and The hunter : Call of the wild.
6. Electronic Arts
The famous company EA is known for its simulation gaming of sports world and tops the chart with respect to releasing sports game. If you are sports fan and played games like FIFA , NHL, NBA live on mobile, Rugby etc. EA also introduced the legendary racing series called Need For Speed, that went on to become most popular racing in world. Introduction of Battlefield , Apex Legends and Titanfall only increased the revenue over the years.
EA is based in redwood City , California, USA and was founded in 1982. For company this year FIFA 23 was most profitable game of the year 2023 and generated in total 7 billion dollars across all platforms ranking it 6th place in revenue.
5. Activision and Blizzard Entertainment
The Activision and Blizzard merged in 2008 , avoiding Vevendi Corportion from ruining the potential of Blizzard. The company went on to create history with its COD series and various storylines. The 4 COD among them became highest grossing games of all time. And won multiple awards for gameplay and visual prowess.
Call of Duty: Modern Warfare-2 became the most successful fps in terms of revenue for the company. With one series alone they’ve been able to dominate the world of FPS with each passing year breaking the records of copies sold. Activision and Blizzard entertainment is based in Santa Monica, California, USA and COD franchise helped them bring an total revenue of astounding 7.4 billion dollars.
Most profitable games include:
Call Of Duty : MW2, COD War zone , COD4 : modern warfare and
4. Nintendo
Nintendo is the oldest of all gaming companies in world. Their very first game? A pack of cards. Yes. They began their journey in 1889 in old day Kyoto , Feudal Japan. Till date it is the only company that solely keeps making gaming and can be fairly hailed as pure gaming company. Nintendo has come a long way from selling pack of cards to latest Legend Of Zelda in 2017. The company gained huge success with its Mario bro’s series and consequently Super Mario.
Nintendo can be crowned as the kind of arcade games. Other than the Nintendo switch, it garnered a good money from Pokemon Scarlet. The company made a profit of astonishing 13.8 billion US dollars, placing it at rank 4.
3. Tencent
Tencent is among the biggest gaming companies in the world. The Shenzhen based company not only develops games of it’s own but also has it’s hands deep in other gaming companies like Ubisoft which is a French company and many others. The company has their interest in mobile platform games like the famous PUBG: Mobile. Also Honor of Kings is another hit game made by Tencent. Taking into account it’s stakes in other companies it has a huge revenue stream from many famous production houses like Krafton Game Union, Activision Blizzard and Epic Games as well. It also owns Riot Games Studios that made the popular game League of Legends.
Tencent was founded in 1998 Shenzen, China and generated a revenue of 13.9 billion dollars with PUBG: Mobile being it’s highest grossing video game in 2022.
2. Microsoft
The software giant not only deals in software and interface of computers but has a huge stake in gaming industry. This is because the gaming industry is essentially software aligned business and that couldn’t escape the eyes of Xbox developers for long. The company made it’s first Xbox exclusive game in 2001 with entry of Halo a First Person Shooter and took the gaming world by storm. It reached almost everywhere and everyone was talking about the same. With Xbox Game Studios in their pocket they revolutionized the gaming world with their games one after another. Minecraft is another game that they own.
In 2022 Minecraft was their most profitable game. Microsoft was established in 1975 by Philanthropist and software tycoon Bill Gates. It’s based in Redmond , Washington , USA. With revenue of 16.2 billion dollars it makes it to the second place in the list.
1. SONY
Another Japanese company makes it to the list. SONY is the biggest tech giant in the world when it comes to gaming industry. More than half of the video games that releases every year are played on PlayStation. And that makes them conventional mainstay of hardware base. PS5 launched in 2020 became the most popular console beating even the Xbox and it’s predecessor PS4. SONY has rights to Spiderman franchise that marvel is yet to acquire and has tried several time but to no avail.
The company claimed the crown in 2022 after winning best game of the year with God of War: Ragnarok. The company’s place remains undisputed with revenue reaching an absolute $28.2 billion dollars in 2022, claiming it’s rightful rank 1 in this list.
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