The online gaming market place is expected to hit $ 46.61 billion by the year 2020, witnessing a 12% CAGR. It’s not without reason that this domain has emerged as amongst the most lucrative business opportunities in the global entertainment industry.
The growth that has happened in this industry wouldn’t have been possible without the support of top-rated videogame companies that have been working non-stop to launch one product after the other in this explosive space. Although there is a great multitude of game developers in the market today, we’d like to highlight some of the best ones you should know about.
The first of its kind software development company which took the online casino world by storm in the year 1994, Microgaming is leading the online casino gaming world. They have produced more than 1000 exciting online casino games and have delivered the biggest jackpots in the domain. A standard Microgaming software package comprises of 600+ games in various formats like roulette, video poker, slots and more. They also offer a downloadable version to allow instant play to the users. If you’re keen on playing Microgaming products, you should check out these top-rated Microgaming casinos which showcase their offerings in the best manner possible.
The company that led the revolution of handheld video games back in the 70s, Nintendo was founded in the year 1889 by Fusajiro Yamauchi. It has its headquarters in Kyoto Japan, with offices and subsidiaries located in many parts of the world. Nintendo is currently the biggest videogame dedicated company in the world by revenue, having a net worth in excess of US$ 85 billion. Their embrace of the Indie games is helping their product Nintendo Switch win big in the market. Some of the well-known video games launched by Nintendo include, the Legend of Zelda, Pokémon and Mario.
Microsoft has emerged as a force to reckon with in the world of gaming over the years. Credited with some of the best online games, the company has come a long way from the time when it introduced its Xbox console. While the Xbox Live was dismissed by all the industry analysts initially, the brand dominates the core gaming market of the present time, making Microsoft one of the largest gaming companies in the world. The console is in fact one of the ultimate gifts you can offer to any geek friend of yours! With a net worth of US$ 402.06 billion, they have all the resources required to lead this space.
Sony Computer Entertainment
Whether it is about the video games or electronic products, Sony has always been on the forefront everywhere. They are the largest video game console producer in the world. PlayStation 2 has been selling for the longest time in the history of videogames. The prime competitor to the Microsoft and Nintendo in this space, there is always a neck to neck battle between these brands in the video gaming world. Having a net worth of US$ 17.49 billion, although they are much behind Microsoft and Nintendo, they’re all-in when it comes to the videogames.