Market

Selected financial facts from the industry:

Fallout 4 - Over 750 million dollars within the first 24 hours of release.

Red Dead Redemption 2 - Over 725 million dollars in the first weekend after release.

Grand Theft Auto V - Over 6 billion dollars in profit.

Key Companies & Market Share Insights

The key market players are focusing on developing innovative gaming solutions to attract a large customer base and gain a competitive edge in the industry. Also, there is a significant trend of developing more interactive games and incorporating of AR and VR in gaming. For instance, in June 2023, Electronics Art Inc. launched Super Mega Baseball 4 latest addition to the highly acclaimed Super Mega Baseball series. Super Mega Baseball 4 introduces an upgrade in terms of presentation, marking the most substantial improvement in the franchise’s history. Some of the prominent players in the global video game market are:

• Activision Blizzard

• Apple Inc.

• Disney

• Electronic Arts Inc.

• Lucid Games

• Microsoft Corp.

• Nintendo

• Rovio Entertainment Corporation

• Sony Interactive Entertainment Inc.

• Tencent Holdings Ltd.