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Top Seven Online Gaming Companies Ruling The Global Digital Gaming Market
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Online Gaming has emerge to become one of the most lucrative business in the entertainment market. The largest segment in the Global Digital Gaming Market has been occupied by smartphone games. This is not too surprising since it is expected that the largest market share will go to the device that most people have access to, and everyone seems to have a smartphone these days. In the recent times, one cannot walk the street without running into someone playing Pokemon Go or Candy Crush or something similar.
The smallest segment of the market is captured by Browser PC Games like Runescape and the likes which one can play through the PC browser instead of downloading them. According to various market reports, the console gaming segment of the Digital Gaming Market is estimated to grow faster than the smartphone games sector the coming years. Regardless of all this, the increased growth of console gaming is not going to overtake smartphone games any time soon.
Here we will ...
... be discussing some of the top players in the market which has been powering this globally lucrative industry.
Microsoft
Though its Xbox Live was initially dismissed by industry analysts, Microsoft is a force to reckon with in the gaming industry. In today’s time Microsoft is one of the world’s largest online gaming companies dominating the core-gamer market.
Tencent
Tencent is a Chinese Gaming Company which has been maintain the reputation of being the largest in the business for quite some time now. It is also the largest company in the market in terms of revenue. The company holds the credit for bringing Chinese local games onto the global gaming platform.
Activision Blizzard
The American Video Gaming Company, Activision Blizzard has been playing host to Call of Duty series, Destiny, World of Warcraft, Overwatch and Diablo and mobile titles including Candy Crush Saga. The company currently includes five business units namely, Activision Publishing, Blizzard Entertainment, King, Major League Gaming, and Activision Blizzard Studios.
Sony Computer Entertainment
One of the prime competitors of Microsoft in the digital gaming market, Sony is one of the largest producer of gaming consoles in the world. The company’s PS2 has been one of the longest selling gaming consoles of all time.
Ubisoft
The French video gaming company has made it big in the digital gaming market throught strategic acquisition of some of the most talented development studios. It has been publishing game for several video game franchises and includes Asssasin’s Cred, Prince of Persia, Tom Clancy’s, Rayman, Raving Rabbids, Far Cry and Just Dance.
Electronic Arts
Electronic Arts, the American Gaming Company, develops and publishes games for famous franchises. It has to its credit the release of games like Need for Speed, Dead Space, Medal of Honor, The Sims, and Star Wars among various others. It also includes EA Sports titles like FIFA, NBA Live, EA Sports UFC.
Zynga
Zynga is a San Francisco based company and focuses mainly on mobile and social networking platforms. Some of the most sought after social games developed by Zynga include Farmville, Empires and Allies, and Solitaire among various others.
The digital gaming market holds amazing potential for game developers and investors. The list of some of the key players discussed in the article only confirms the fact that online gaming has emerged as one of the major segment in the entertainment industry. According to a report published by Research on Global Market, the global digital gaming market value is expected to surpass USD 264.9Bn in revenue by 2023.
Written by a content marketer who keeps updated on industries for market research purposes and studying them.
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