Newzoo: 10 largest gaming companies generated 65% of overall revenue in 2021
Big money flows around.
10 largest gaming companies earned $126B in 2021, which is 10.2% higher than in 2020.
Companies from 11 to 25 places increased their share by revenue as well.
Tencent earned $32.2B in 2021 (+9.9% YoY). It’s 16.7% of the overall gaming market ($192.7B according to Newzoo).
Sony is the only company in the top-10 that showed a decline in revenue (-2.3% YoY). The reason lies in console shortages. Meanwhile, the main competitors are showing growth - Nintendo by 1.9%; Microsoft - by 9.6%.
Sea Limited showed a 114.3% growth in revenue compared to 2020, which occurred thanks to Garena Free Fire.
If the deal between Microsoft and Activision Blizzard happens, Microsoft will overcome Sony by revenue and will reach second place. Take-Two Interactive acquisition of Zynga will place them to the 9 place.