Most Liked Game Companies in 2023
By Aarti Dhapte , 15 March, 2023
The issue of consolidation has lifted its head in the recent months because companies like Sony, Microsoft and Swedish company Embracer Group are buying up video games studios right and left. Microsoft’s planned acquisition about Activision Blizzard King, franchises like Call of Duty and Diablo are expected to pass scrutiny by European watchdogs and Federal Trade Commission.
The main cause of disagreement is the popular shooter series. According to the reports, one of the biggest video game brands in the world when tied to one of the major console manufacturers among those three could hamper competition in the long run. And Nintendo, seems to manage to score much higher with the gaming fans concerning more on the popularity and awareness than at least one of its competitors.
As per the survey reports, three quarters of U.S. gamers know the Japanese company while 47 percent also like it. Again, the runner-up Electronic Arts is known for 52 percent of respondents and also liked by a third of the surveyed gamers. Data reveals that the company also generated revenues of $7.4 billion and a net income of $1 billion in 2022. It even recently announced the layoffs of two hundred quality assurance testers for the popular multiplayer Apex Legends.
According to the gaming industry experts, the estimated market volume in the games industry in 2022 was $184.4 billion. Half of this amount is generated by mobile games and in-app purchases. According to the reports, three biggest markets in 2022 are, China, Japan, and the United States with revenues of $45.8 billion and $20 billion, respectively.
Latest News
Globally, the countries are adopting renewables to go greener by 2050. Countries are focusing on utilizing renewables as their energy source. It is to support the clean energy transition by limiting carbon and other harmful gas emissions. However…
Globally, the countries are adopting renewables to go greener by 2050. Countries are focusing on utilizing renewables as their energy source. It is to support the clean energy transition by limiting carbon and other harmful gas emissions. However…
Oil consumption maintains a certain level, although oil prices are elevating at a standard rate in 2024. Organization of the Petroleum Exporting Countries (OPEC) suggests that global oil demand is expected to increase in the summer of 2024.
The…
The automotive industry follows different trends since the beginning of 2024. The automotive industry has experienced many issues in the past two years due to the insufficiency of raw materials and disruptions in the supply chain. However, the sector…
Globally, the clean energy transition is taking a new shape to transform the face of countries regarding sustainability. Countries worldwide aim to achieve this goal by the end of 2050. The green energy transition demands a lot of changes in the…
Team Lead - Research