Top 25 Video Game Companies Revenue Increased 17% in 2016 - News
by William D'Angelo , posted on 23 March 2017 / 14,652 ViewsThe top 25 biggest video game companies saw revenue increase 17 percent year-over-year in 2016, according to Newzoo’s Global Games Market Report. Revenue for the 25 companies hit $70.4 billion.
The largest company, Tencent, saw revenue of $10.2 billion. If Supercell's revenue were included the figure would increase to $13 billion.
The company that saw the largest increase year-over-year in 2016 was NetEase with a 50 percent jump in sales. The company had a strong year in China as it accounted for four out of the five biggest iOS games in China.
Nintendo was the only company in the top 10 to see a decrease in revenue year-over-year. Super Mario Run earned the company $50 million, however, the figure was seen as a disappointment after the success of Pokemon GO. The Switch is expected to turn things around for Nintendo in 2017.
Thanks MCVUK.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.
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That Tencent already is making by far the most revenue is kinda shocking.
Nintendo pretty damn low for 2016, but not too shocking considering the Wii U was dead and the 3DS had been out for 5 years.
Sony 33# up !
Damn didn't know Namco was that high!!!
Damn didn't know Namco was that high!!!