Unsurprisingly, Nintendo and Namco Bandai share their spots in the Asia Pacific gaming hall of fame with many others, including developers such as Sony, Tencent, and Capcom. All of which, exhibited astronomical gaming revenues in 2019. 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 2019, Capcom announced its net sales passed the 100 billion yen mark. As of 2018, Resident Evil, was Capcom’s bestselling game series, with about 95 million units sold worldwide.
Additionally, Japan’s Nintendo is perhaps the most popular of the Asia Pacific video game companies and certainly the largest. Despite Nintendo’s huge success in the industry, it experienced declining sales of handheld and home consoles. However, the release of the hotly anticipated Nintendo Switch in 2015 saw Nintendo’s sales rise yet again. Although Nintendo experienced great popularity among consumers with the Nintendo Switch, generally, sales of Nintendo’s other products have decreased. However, it is possible that this is not a reflection of Nintendo as a company, but rather the nature of the gaming industry’s evolution. The video game market is advancing towards mobile gaming; as a result, conventional gaming methods are gradually being driven out. The mobile content market value in Asia Pacific demonstrated a gradual increase from 2011 to 2014. Then, in 2015, the mobile market saw a rapid surge in value, with expectations that it will be worth over 50 billion U.S. dollars by 2021.