- Media Companies
The largest video game company is Sony Interactive Entertainment with an annual gaming revenue of $28.2 billion.
As of 2023, the global video game industry has a market size of $365.6 billion.
There are at least 214.4 million monthly gamers in the U.S.
The gaming industry is projected to have a CAGR of 7.17% from 2020 to 2027.
With beloved franchises like Pokémon, the Legend of Zelda, and the various Mario games, Nintendo has maintained a dominant presence in the mobile gaming market for nearly three decades. This legacy is as enduring as mobile gaming itself.
Simultaneously, Ubisoft has honed its production of franchises like Far Cry and Assassin’s Creed, making them iconic benchmarks in the action-adventure and stealth genres.
Activision Blizzard has significantly shaped the competitive gaming landscape with titles such as Hearthstone, Starcraft, and Warcraft, which inadvertently ignited the MOBA genre, paving the way for games like DOTA and League of Legends.
If you have a favorite gaming genre, chances are a dedicated publisher specializes in it. But have you ever considered the revenue of these gaming giants?
We at Zippia have compiled a list of the top ten game publishers by revenue.
The Top 10 Largest Video Game Companies in the World
-
Sony Interactive Entertainment. Tokyo, Japan
2023 Annual Gaming Revenue: $28.2 billion
Most Popular Game of 2023: God of War: Ragnarök
Sony Interactive Entertainment (SIE), founded in 1993 by Ken Kutaragi, is a leading video game and digital entertainment company owned by the conglomerate Sony. The PlayStation series, which includes the immensely popular PlayStation 5, released in 2020, remains a cornerstone of their gaming strategy.
Popular titles include God of War, The Last of Us Part 1 and 2, and Uncharted.
-
Microsoft. Redmond, Washington USA
2023 Annual Gaming Revenue: $16.3 billion
Most Popular Game of 2023: Minecraft
Founded in 1975, Microsoft launched its Game Studios division in 2002, producing the Xbox series of consoles. The acquisition of Activision Blizzard for $68.7 billion, finalized in 2023, marked a historic moment in the gaming industry.
Popular titles include Halo, Gears of War, and Minecraft.
-
Tencent Holdings Limited. Shenzhen, China
2023 Annual Gaming Revenue: $13.9 billion
Most Popular Game of 2023: Honor of Kings
Tencent, founded in 1998, focuses primarily on mobile gaming and owns numerous studios worldwide, including Riot Games, the creators of League of Legends.
Popular games include Path of Exile, Clash of Clans, and Age of Conan.
-
Nintendo. Kyoto, Japan
2023 Annual Gaming Revenue: $14 billion
Most Popular Game of 2023: Pokémon: Scarlet/Violet
Founded in 1889, Nintendo transitioned from a playing card company to a gaming powerhouse with iconic consoles like the Nintendo Switch. Their legacy continues with beloved franchises.
Popular titles include Legend of Zelda: Breath of the Wild, Super Smash Bros., and the Pokémon series.
-
Activision Blizzard. Santa Monica, California, U.S.
2023 Annual Gaming Revenue: $7.53 billion
Most Popular Game of 2023: Call of Duty: Modern Warfare II
Activision Blizzard, formed in 2008, is known for its extensive online gaming platform and franchises such as World of Warcraft and the Call of Duty series.
-
Electronic Arts. Redwood City, California, U.S.
2023 Annual Gaming Revenue: $7 billion
Most Popular Game of 2023: FIFA 23
Founded in 1982, Electronic Arts (EA) is renowned for its sports games like FIFA and Madden, as well as franchises like The Sims and Medal of Honor.
-
Epic Games. North Carolina, USA
2023 Annual Gaming Revenue: $5.8 billion
Most Popular Game of 2023: Fortnite: Save the World
Founded in 1991, Epic Games is headquartered in Cary, North Carolina, and is known for its blockbuster title Fortnite, which boasts over 350 million accounts.
-
Take-Two Interactive Software. New York, USA
2023 Annual Gaming Revenue: $3.5 billion
Most Popular Game of 2023: NBA 2K23
Founded in 1993, Take-Two Interactive owns major labels like Rockstar Games and 2K, known for franchises such as Grand Theft Auto and Borderlands.
-
Bandai America. Tokyo, Japan
2023 Annual Gaming Revenue: $3.1 billion
Most Popular Game of 2023: Elden Ring
Founded in 2005, Bandai America manages and markets original and third-party games under the Namco Bandai brand, with popular titles like Tekken and Dark Souls.
-
Ubisoft Entertainment. Rennes, France
2023 Annual Gaming Revenue: $2.5 billion
Most Popular Game of 2023: Assassin’s Creed Valhalla
Founded by five brothers in 1986, Ubisoft has a global presence with studios worldwide. They have produced iconic series like Assassin’s Creed and Far Cry.
Video Game Industry FAQ
-
How much is the gaming industry worth?
The global gaming industry is valued at $365.6 billion. In the U.S., the gaming industry is worth $106.8 billion.
-
What is the largest country with adult gamers?
Vietnam has the largest proportion of adult gamers, with 85% reporting to play video games. China follows with 70%, while 50% of adults in the United States report gaming.
-
What is the most popular video game console?
In 2023, the PlayStation 5 remains the most popular console, with over 32 million units sold. The Xbox Series X is in second place, followed closely by the Nintendo Switch.
- Media Companies
Author
Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.
