Tencent dominates the gaming market with high revenue and worldwide investments

The video game industry is currently estimated to be worth $300 billion, and several leading companies are fighting for a piece of the pie.

China-based Tencent is the largest player in the market, with stakes in major game studios such as Riot Games, Ubisoft and Activision. Another significant player in the industry is Sony, a Japanese electronics giant, who has sold more than 500 million PlayStation consoles and owns several studios that have developed exclusive titles such as the ‘Spider-Man’ saga.

There is also Microsoft who has already acquired popular games like ‘Minecraft’ and ‘Fallout’ and its latest offer to buy Activision Blizzard for $69 billion is being investigated by regulators in the United States, European Union, and Britain. On the other hand, Nintendo stands out by relying solely on its in-house games such as ‘Mario’, ‘Zelda’ and ‘Pokémon’ and focusing heavily on its Switch console.

Several leading publishers such as Take-Two and Ubisoft remain independent, but they could become acquisition targets in the future. Certain parts of the industry continue to see significant growth, with Sega recently purchasing ‘Angry Birds’ maker Rovio for more than $770 million.

In conclusion, the video game industry keeps growing and evolving, with major players vying for dominance through mergers and acquisitions. While Tencent, Sony, Microsoft, and Nintendo are the big players in the industry, there are still a lot of independent game developers with considerable influence.

Photo Credits : Photography Jade GAO / AFP © 

With ETX / DailyUp

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