Tencent is still the industry leader in video game revenue, but Microsoft is the fastest growing company
Leader in video game revenue |
The ten firms that produced the greatest revenue in the video game industry in 2021 were identified by analyst firm Newzoo. Their total earnings are $126 billion dollars.
Initially, there were no differences from previous years: Tencent, the Chinese company that owns PUBG, earns the most money in the business, with $32.2 billion.
And they did significantly better in 2021 than they did in 2020, which brought in $29.3 billion.
This is where Microsoft's performance shines: while being in fourth place, lower than Apple's (because of App Store revenue), Microsoft's video game business grew by 9.6% in 2020, ending with total revenue of $12.9 billion.
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