Leading public companies' game revenue APAC Q2 2019

Chinese conglomerate Tencent Holdings Ltd dominated the ranking for leading public companies in terms of game revenue in the second quarter of 2019 in the Asia Pacific region. Tencent had a game revenue of over 4.64 billion U.S. dollars. Following in close second was Sony, with a revenue of more than a staggering 4.41 billion U.S. dollars from games alone. Other Asia Pacific-based companies which boasted high game revenues included the likes of Nintendo, Bandai Namco, and Konami.

Leading companies

Tencent reigns as a leader in the gaming market. With an impressive employee count of more than 50,000, the company demonstrated that gaming revenue was at an all time high in financial year 2018. Although Tencent is active in many fields of technology, the majority of its revenue comes from its gaming sector. Other notorious Asia Pacific companies in the gaming industry are Sony and Nintendo. Starting off as a playing cards company in the late 19th century, Nintendo grew to be one of Japan’s most profitable companies. The video game giant announced monumental sales growth of its Nintendo Switch in 2019.

Evolution of gaming

Gaming is fast becoming a culture across the globe; however, it especially stands as a prominent force in the Asia Pacific region. Income from gaming in Asia Pacific has surged throughout recent years. It can be inferred that the increased possibility of mobile payments and online transactions across the region have impacted gaming positively, as consumers have the opportunity to spend money while gaming. The rise of eSports and professional gaming has also helped to project the gaming industry further. Interestingly, some professional players can earn up to hundreds of thousands of dollars per gaming tournament. Nevertheless, the present and future focus of gaming in the Asia Pacific region appears to lie with increased levels of user experience. Virtual reality is making a powerful entrance into the Asia Pacific gaming sector, with the Asia Pacific virtual reality market forecasted to almost triple in worth from 2020 to 2022.

Game revenue of leading public companies in the Asia Pacific region in 2nd quarter 2019

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Source

Release date

February 2020

Region

APAC

Survey time period

Q2 2019

Supplementary notes

*Based on estimates.

The source did not provide a release date, the date displayed is the date of access.

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Statistics on "Gaming industry in Asia Pacific"

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