Video games are a leading source of entertainment today. The entire industry is booming rapidly and becoming even more profitable. Although there are many players involved, only a few game studios have managed to take a leading role in both the popularity of their games and the tremendous amounts of money they have made. These companies generate income mostly from subscriptions and sales of their products. Some of the richest gaming companies worldwide post millions of dollars in profits annually.
Part of being a top gaming company also means making a mark on the entire industry and setting a pace for others to follow. Most of these companies have changed gaming as consumers know it and even made it impossible for many more to join. If you are a new video game studio, you have no choice but to develop something outstanding to compete with the already established giants. But what are some of these richest gaming companies?
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- 1 Which is the richest video game company 2020?
- 1.1 1. Microsoft – $285.4 Billion
- 1.2 2. Sony – $208.3 Billion
- 1.3 3. Activision Blizzard – $19.8 Billion
- 1.4 4. Nintendo – $17.5 Billion
- 1.5 5. Electronic Arts – $11.2 Billion
- 1.6 6. Bandai Namco – $5.9 Billion
- 1.7 7. SEGA – $4.42 Billion
- 1.8 8. Konami – $3.663 Billion
- 1.9 9. Ubisoft – $3.605 Billion
- 1.10 10. Square Enix – $2.875 Billion
Which is the richest video game company 2020?
While there are individual games that have sold millions of units, very few companies can boast of moving millions of games every year. Despite being in an industry where consumer demands shift rapidly, and technology upgrades demand even more improvements in game development, these companies continue to set trends and in turn, generate huge revenues. This is the richest gaming companies list based on their total assets.
1. Microsoft – $285.4 Billion
Microsoft Corporation is a technology company that develops, manufactures, licenses, supports, and sells consumer electronics, software programmes, and personal computers. It is one of the world’s largest software makers by revenue. Microsoft develops and publishes video games through its gaming division, Xbox Game Studios.
Some of the video games developed by the studio include:
- Crimson Dragon
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Apart from video games, the Xbox Game Studio has expanded its product line to now include interactive entertainment for Xbox platforms and Windows Mobile. As a corporation, Microsoft is among the richest gaming companies 2020 by assets. It has total assets of $285.4 billion. The Xbox Gaming Revenue in 2018 exceeded $10 billion as a result of having 57 million monthly users.
2. Sony – $208.3 Billion
Sony Corporation is the owner of the biggest video game console in the world, PlayStation. It is also the publisher of top video games that have enjoyed worldwide success among gamers. Sony develops and publishes video games through the Sony Interactive Entertainment Group.
The SIE Group has been developing gaming consoles, accessories, and providing services to gamers. Some of the video games developed and published by the company include:
- NBA ShootOut
- The Last of Us
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Sony Interactive Entertainment also develops, researches, and sells PlayStation hardware, content, software, and network services. As a corporation, Sony is among the richest famous gaming companies in the world. It has total assets valued at $208.3 billion. The PlayStation Network has 41.5 million subscribers as of March 31, 2020.
3. Activision Blizzard – $19.8 Billion
Activision Blizzard is a video game holding company founded in 2008. It owns and operates many studios and develops some of the best computer games and simulations for gamers. Through the Blizzard Entertainment division, the company has produced top mobile games such as Candy Crush Saga and many other entertaining video games.
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Some of its top entertaining video games of all time include:
- Call of Duty
- World of Warcraft
The company has produced many more titles that have broken records and became part of every gamer’s list. Its interactive software products and entertainment content are available on most gaming consoles. It also has many games developed for the mobile platform. Activision Blizzard has total assets worth $19.8 billion. In early 2018, it became the largest gaming company in terms of market capitalisation and revenue.
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4. Nintendo – $17.5 Billion
Nintendo is a video game and consumer electronics company founded in 1889. Through its Nintendo Entertainment Planning and Development Division, the company develops and produces video games, mobile applications, and entertainment software for the gaming industry. It also develops consoles, such as Game Boy, which have been successful among gamers.
Some of the games and franchises developed by Nintendo include:
Nintendo is one of the richest gaming companies in the world. It has total assets of $17.5 billion. Most of its revenues come from engaging in the development, manufacture, and sale of entertainment products.
The company has many console game machines and software available on all gaming platforms. Unlike many companies, Nintendo has a rich legacy in the industry because it has produced some of the most entertaining computer games ever.
5. Electronic Arts – $11.2 Billion
Electronic Arts Inc. (EA) is one of the largest gaming companies in the world. Since 1983, it has produced some of the most entertaining and addictive video games known to man. The company engages in providing digital interactive entrainment and develops and delivers video games across various platforms, including PCs, mobile devices, and internet-connected consoles.
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Some of the best video games it has produced over the years include:
- Battlefield 3
- Need for Speed: Most Wanted
- FIFA Video Game Series
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EA has been developing and publishing video games and services across all genres. Some of these include sports, first-person shooters, simulation, and role-playing. It also licenses its games and provides advertising services. Electronic Arts is one of the wealthiest gaming companies in the world with total assets of $11.2 billion as of 12 May 2020.
6. Bandai Namco – $5.9 Billion
Bandai Namco Entertainment Inc. is a video game developer and publisher formed in 2006. The company produces several video game franchises and is one of the largest computer game publishers in Japan. In addition to being a developer, it owns the licenses of several media franchises, including Naruto. Some of the games it has been developing and publishing over the years include:
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- Dragon Ball
- Naruto to Boruto: Shinobi Striker
All games developed by the company are available on various platforms, including PlayStation, Xbox, iOS, and Android, among others. Gamers can purchase its video games from its stores or platforms authorised by the company. As of 2020, the company’s total assets are worth $5.9 billion.
7. SEGA – $4.42 Billion
SEGA Corporation is a video game developer and publisher known for producing prolific arcade video games. It also develops gaming consoles and handled devices for the home consumer. Through the SEGA Development Studios, the company has developed over 500 games and 70 franchises since 1981.
Some of the video games developed and published by the company include:
- Football Manager
- Total War
- Sonic the Hedgehog
SEGA develops top video games and hardware through top studios that include Sports Interactive, The Creative Assembly, Relic Entertainment, and Amplitude Studios. SEGA is part of the Sega Sammy Holdings after merging with the Sammy Corporation in 2004. The corporation has total assets of $4.42 billion as of 2020, with a majority of its revenue coming from the arcade and video games.
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8. Konami – $3.663 Billion
Konami Holdings Corporation is one of the largest gambling and entertainment conglomerates in the world. Through its subsidiaries, the company produces and markets gaming software for various video game platforms and systems. In recent times, it has ventured into making esports computers and has a facility and a school for holding esports events and players respectively.
Konami has developed many video games over the years, including:
- Pro Evolution Soccer
- Metal Gear Solid
- Teenage Mutant Ninja Turtles
Most of the games produced by the company encompass various genres, including sports, RPG, and shooter, among others. Konami has total assets worth $3.663 billion as of 30 June 2019. Although the company is in the video game industry, it also operates fitness and health club facilities.
9. Ubisoft – $3.605 Billion
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Ubisoft Entertainment SA is a video game company that publishes games for various franchises. Founded in 1986, the company creates and distributes interactive services and entertainment. It is behind the blockbuster video game, Assassin’s Creed released in 2007 and available as a franchise across gaming platforms. Other games published by the company over the years include:
- Rayman Legends
- Far Cry 3
- Tom Clancy’s Rainbow Six Siege
Ubisoft has a reputation for creating original and memorable video games. Most of its games are among the top-rated in the industry. As one of the richest gaming companies in the world, it has total assets of $3.605 billion as of 2020. The company does not only sell video games but also offers subscription services.
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10. Square Enix – $2.875 Billion
Square Enix Inc. is a developer, publisher, and distributor of video games. It is best known for making role-playing and fantasy games that have broken worldwide records within the gaming industry. The company has an outstanding portfolio, including creating Final Fantasy which sold over 100 million units worldwide. Other games developed by Square Enix include:
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- Dragon Quest
- Super Mario RPG
- Fortune Street
Square Enix is a company dedicated to providing the finest in entertainment to all players. From adventure to fantasy and action, it has video games of all genres available on platforms such as Android, iOS, PlayStation, Xbox, and more. As one of the wealthiest gaming companies in the world, it boasts of total assets worth $2.875 billion as of 2020.
A majority of the richest gaming companies are multinational corporations that have developed and published record-breaking video games. Others have also made a lot of money from selling gaming hardware and utilising the games as a service model. But one thing some of these companies on this list have in common is that they have listings on the stock exchanges in different countries.
Tuko.co.ke recently created a comprehensive biography of one of the most popular female gamers, Pokimane. The Canadian streamer, who is of Moroccan descent, has been a subject to curious viewers who want to know her ethnicity.
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Pokimane pointed out that the question about her ethnicity and nationality had been bugging her for quite some time and that’s why she decided to take a DNA test and film the whole experience. Even after confirming her ethnicity, the gamer has continued attracting millions of viewers to her channel where she plays games like Fortnite and League of Legends.
Source: Kenyan Breaking News
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