Tencent reigns gaming industry's 1H'18 earnings

Analyst firm Newzoo ranks 2018's top ten games industry earners by revenue.

Published Sun, Nov 11 2018 7:30 PM CST   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Chinese juggernaut Tencent towers above industry competitors with 2018 revenues, and Apple slides ahead of Microsoft.

Tencent reigns gaming industry's 1H'18 earnings | TweakTown.com

So far total games revenue growth from the top 10 earners has been quite small compared to previous years (about 12.3% growth versus nearly 30% from last year). According to findings from analyst firm NewZoo, industry earnings for the first half of 2018 are seeing interesting fluctuations. While Tencent reigns supreme with $10.2 billion, mobile gaming's muted rise was offset by stellar console gaming performance. Microsoft, Sony and Nintendo all saw strong 20% spikes in revenue earnings, and accounted for about 21.% of total top 10 industry earnings for the period.

"Together, the three companies accounted for $10.8 billion in console revenues. Digital revenues, which include subscriptions to PlayStation Plus and Xbox Live, were an important growth driver," the firm said in its latest report. "Nintendo's efforts to grow its digital revenues are slowly but surely bringing results, representing 24% of its half-year revenues."

Here's a quick breakdown of the top 10 earners in 1H'18 by game revenues:

  1. Tencent - 10.2 Bn
  2. Sony - $6.18 Bn
  3. Apple - $4.4 Bn
  4. Microsoft - $4.2 Bn
  5. Activision-Blizzard - $3.4 Bn
  6. NetEase - $2.8Bn
  7. Google - $2.8Bn
  8. EA - $2.75 Bn
  9. Nintendo - $1.5 B
  10. Bandai Namco - $1.4 Bn
NEWS SOURCE:newzoo.com

Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

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