The Asia-Pacific region has been dominating the global video game market for years. In 2017, it was calculated that revenue from the games market in that region alone amounted to 51.2 billion U.S. dollars, almost twice the revenue of the second-ranked North American gaming market. Within Asia, the leading country markets are China, Japan, and South Korea. In 2015, the Chinese video game industry revenue reached 140.7 billion yuan (approximately 20.43 billion U.S. dollars), which represented a staggering growth of 122 billion yuan (about 17.71 billion U.S. dollars) since 2008. Japan, which is home to gaming giants such as Nintendo and Namco Bandai, is in fact the second largest gaming market in Asia Pacific. In 2017 the country's gaming revenue amounted to 12.55 billion U.S. dollars. South Korea has also confirmed its place amongst the leaders in the Asian region, with its game industry revenue valued at nearly 11.32 trillion Korean won (close to 10 billion U.S. dollars) in 2016.
The aforementioned Nintendo and Namco Bandai share their spots in the Asian gaming hall of fame with many others, including developers such as Sony and Capcom. Capcom, the Japanese video game developer and publisher, was founded in 1983 and is responsible for introducing gamers to popular franchises such as Resident Evil and Street Fighter. In 2017, Capcom reported its net sales to be 87.17 billion yen. As of June 2015, Resident Evil, with 99 titles under its belt, was Capcom’s bestselling game series, with over 65 million units sold worldwide.
Nintendo, which is also based in Japan, is perhaps the most popular of the Asian video game companies and certainly the largest. However, in spite of the respect its name encourages, this has not always translated into the loyalty of consumers, especially in terms of hardware sales, both handheld and home console, as sales of these products have been in decline since 2011. This decline goes far beyond Nintendo and is symptomatic of the evolving video game market in general, whereby mobile gaming is slowly driving out conventional gaming methods. Mobile games revenue in Asia is expected to reach 13.6 billion U.S. dollars in 2017, an increase of nearly two billion U.S. dollars over 2015.
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