The online gaming market is fiercely competitive, dominated by key players such as Tencent, Sony, Microsoft, and Activision Blizzard. Indeed, with the emergence of technological advances in areas such as portfolio expansions across different platforms including console, mobile, and cloud gaming. For example, in August 2022, Sony made an encouraging move by acquiring Savage Game Studios to enter the field of mobile game development within the company's expansion plans for mobile gaming. This acquisition highlights the strategy Sony is taking in diversification beyond consoles into the lucrative and progressively developing mobile gaming market around the world. As investment in eSports, cloud gaming, and immersive technologies increases, so does competition to further spur innovation and global growth.
Here are some leading players in the online gaming market:
Author Credits: Abhishek Verma
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