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Online Gaming Market Share

  • Report ID: GMI10296
  • Published Date: Jul 2024
  • Report Format: PDF

Online Gaming Market Share

Tencent and Sony Interactive Ent. hold a significant share of over 20% in the online gaming industry. Tencent Holdings Limited is a Chinese conglomerate and one of the world's largest video game companies. Renowned for its supremacy in the Chinese gaming industry, Tencent is the owner of Riot Games, the company behind "League of Legends," and it holds sizeable shares in Epic Games, the company behind "Fortnite," and Supercell, the company behind "Clash of Clans."
 

With a large user base and a strong portfolio, Tencent's gaming division leads the way in both online multiplayer games and mobile gaming. It uses these advantages to spur innovations and increase its footprint in the gaming market worldwide.
 

Sony Interactive Entertainment (SIE) is a subsidiary of Sony Corporation and the division responsible for PlayStation consoles and related gaming services. Famous video game brands including "Gran Turismo," "Uncharted," and "God of War" are produced by SIE. The company leads the console gaming market with PlayStation systems that are renowned for their cutting-edge technology, unique games, and extensive online gaming capabilities via PlayStation Network. SIE is still a major player in the global gaming sector owing to its innovations in cloud-based gaming services and Virtual Reality (VR) gaming.
 

Online Gaming Market Companies

Major players operating in the online gaming industry are:

  • Tencent
  • Sony Interactive Ent.
  • Microsoft
  • Activision Blizzard
  • Electronic Arts (EA)
  • Nintendo
  • Ubisoft  
Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size of online gaming reached USD 97.38 billion in 2023 and is set to witness 18% CAGR between 2024 to 2032, due to the rise of mobile gaming platforms.

The free-to-play games segment in the online gaming industry is expected to reach over USD 350 billion by 2032, owing to the wider and more varied player base for promoting active communities and extended user engagement.

Asia Pacific market accounted for over 35% share in 2023, due to the growing population of gamers.

Tencent, Sony Interactive Ent., Microsoft, Activision Blizzard, Electronic Arts (EA), Nintendo, and Ubisoft

Online Gaming Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 24
  • Tables & Figures: 305
  • Countries covered: 19
  • Pages: 210
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