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Funcom Oslo AS is a Norwegian video game developer that specializes in online games. It is best known for the massively multiplayer online role-playing game (MMORPG) titles Conan Exiles, Age of Conan, Anarchy Online, The Secret World – and The Longest Journey series of adventure games. The company has offices in Oslo, Norway; North Carolina, US; Lisbon, Portugal; Bucharest, Romania; and Stockholm, Sweden. It also had offices in Beijing, Dublin, and Montreal previously. It is now owned by the Chinese media conglomerate Tencent.
The video game industry in Mainland China currently is one of the major markets for the global video game industry, where more than half a billion people play video games. Revenues from China make up around 25% of nearly US$100 billion video game industry as of 2018, and since 2015 has exceeded the contribution to the global market from the United States. Because of its market size, China has been described as the "Games Industry Capital of the World" and is home to some of the largest video game companies. China has also been a major factor in the growth of esports, both in player talent and in revenue.
Tencent Holdings Ltd. is a Chinese multinational technology conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the world's largest company in the video game industry based on its equity investments, with Tencent Games being the subdivision of Tencent Interactive Entertainment Group (IEG) focused on publishing of games.
Rovio Entertainment Oyj is a Finnish video game developer based in Espoo. Founded in 2003 by Helsinki University of Technology students Niklas Hed, Jarno Väkeväinen and Kim Dikert, the company is best known for the Angry Birds franchise. The company currently operates studios in Espoo, Stockholm, Copenhagen and Montreal.
Video gaming in the United States is one of the fastest-growing entertainment industries in the country. The American video game industry is the largest video game industry in the world. According to a 2020 study released by the Entertainment Software Association, the yearly economic output of the American video game industry in 2019 was $90.3 billion, supporting over 429,000 American jobs. With an average yearly salary of about $121,000, the latter figure includes over 143,000 individuals who are directly employed by the video game business. Additionally, activities connected to the video game business generate $12.6 billion in federal, state, and local taxes each year. World Economic Forum estimates that by 2025 the American gaming industry will reach $42.3 billion while worldwide gaming industry will possibly reach US$270 billion. The United States is one of the nations with the largest influence in the video game industry, with video games representing a significant part of its economy.
In New Zealand, 67% of the population plays video games, 46% of video game players are female and the average age of a video game player is 34. New Zealanders spend an average of 88 minutes a day playing video games.
Video game development is a developing industry in the Ireland, with some government attempts made to encourage investment via tax breaks. Of the approximately €206 million spent by Irish people on video games in 2015, Irish game developers "[saw] little of this spend".
Supercell Ltd is a Finnish mobile game development company based in Helsinki. Founded on 14 May 2010, the company's debut game was the browser game Gunshine.net, and after its release in 2011, Supercell started developing games for mobile devices. Since then, the company has fully released five mobile games: Hay Day, Clash of Clans, Boom Beach, Clash Royale, and Brawl Stars, which are freemium fast-paced games and have been very successful for the company, the first two generating revenue of €2 million a day in 2013.
Leyou Technologies Holdings Limited is a Chinese video game holding company based at Lippo Centre, Admiralty, Hong Kong. Founded in 2010, the company originally dealt with poultry through its subsidiary Fujian Sumpo, which had been founded in 1998. After floating on the Hong Kong Stock Exchange in January 2011, poultry-based income started to fall in 2013. It agreed to buy a majority stake in the video game developer Digital Extremes in October 2014, renamed itself Leyou in January 2015, and completed the acquisition later that year. It acquired Splash Damage in July 2016 before divesting its poultry business in August, majority-acquired Radiance Games, and invested in Certain Affinity in 2017, and established Athlon Games in 2018. In December 2020, Leyou was acquired by Tencent.
Video gaming in Finland consists of video game industry of 260 active video game developer studios, roughly a dozen professional players and countless enthusiastic amateurs.
Tencent Games is the video game publishing subdivision of Tencent Interactive Entertainment, the digital entertainment division of Tencent Holdings. It has five internal studio groups, including TiMi Studio Group. Tencent Games was founded in 2003 to focus on online games. In 2021, it launched its international Level Infinite brand, which is stated to be operated from its Singapore office.
TiMi Studio Group, a subsidiary of Tencent Games, is a video game development studio group headquartered in Shenzhen, China and offices in Singapore, Montréal, Seattle, Los Angeles, Chengdu, and Shanghai. TiMi generated an estimated revenue of $10 billion USD in 2020. Reportedly, TiMi is the largest video game operator and developer in the world by revenue. Founded in 2008 as Jade Studio, TiMi comprises several development divisions with different areas of expertise and develops games in different genres for PC, mobile, and Nintendo Switch, including Honor of Kings, Arena of Valor, Call of Duty: Mobile, Speed Drifters, and Pokémon Unite.
Krafton Inc. is a South Korean video game publisher and holding company based in Bundang-gu, Seongnam. It was created in November 2018 to serve as the parent company for Bluehole, founded by Chang Byung-gyu in Seoul in March 2007, and its subsidiaries. The company has published several notable video game titles including TERA, PUBG: Battlegrounds, New State Mobile,The Callisto Protocol and Moonbreaker. According to Forbes, Chang has a net worth of $2.9 billion and is one of the seven gaming billionaires in South Korea.
Shanghai Moonton Technology Co. Ltd., commonly known as Moonton, is a Chinese multinational video game developer and publisher owned by the Nuverse subsidiary of ByteDance and based in Shanghai, China. It is best known for the mobile multiplayer online battle arena (MOBA) game Mobile Legends: Bang Bang released in July 2016.
Sumo Group Limited is a British video game holding company based in Sheffield. It was formed in December 2017 as the parent company for Sumo Digital and Atomhawk, followed by its initial public offering on the London Stock Exchange later that month. Another of Sumo Group's subsidiaries is Secret Mode, a publisher established in March 2021. After purchasing a minority stake in Sumo Group in November 2019, Tencent wholly acquired the company in January 2022.
Poland is a major video game market and home to one of the largest video game industries in the world. In 2022, Poland became the world’s fourth largest exporter of video games and Polish publicly-traded gaming companies were worth over €12 billion. The game studios in the country employ around 10,000 people and release almost 500 new games annually.
References
- ↑ Markets, Research and (April 9, 2019). "Norway Animation, VFX & Games Industry Strategies, Trends & Opportunities Report 2019". GlobeNewswire News Room (Press release).
- 1 2 Guest writer (5 June 2015). "With studio numbers up 75%, the Norwegian game scene is booming but it's not without its challenges". pocketgamer.biz.
- ↑ "Tencent to grow gaming empire with $148M acquisition of Conan publisher Funcom in Norway". 22 January 2020.
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