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The video game industry is the tertiary and quaternary sectors of the entertainment industry that specialize in the development, marketing, distribution, monetization, and consumer feedback of video games. The industry encompasses dozens of job disciplines and thousands of jobs worldwide. [1]
This is a listing of largest video game publishers and developers ranked by reported revenue over $100 million. Sony Interactive Entertainment is the world's largest video game company, followed by Tencent and Microsoft Gaming .
- Trends
- 2020
- 2021
- 2022
- Notable Cross Platform Games of The 2020's
- Gallery
COVID-19
The game industry booms, as people hunker down at home during the COVID-19 pandemic. Some game retailers initially resisted closing down during lockdowns by declaring themselves essential businesses, to widespread criticism. Numerous high profile games are delayed due to COVID-19. Game development companies move to work from home, with some such as Square Enix planning to allow work from home after the pandemic ends. Animal Talking leverages the Animal Crossing: New Horizonsas a medium to cre...
Games as a Political Vehicle
In the run up to the 2020 United States elections, politicians used online multiplayer games and game streaming to reach out to voters safely during the pandemic. The Biden campaign operated a custom Fortnite island with its own minigames. In Animal Crossing: New Horizons, which supports user made content, digital yard signs were distributed by the Biden campaign. Though the official Trump campaign mocked campaigning in games, independent efforts by his supporters also made Animal Crossing si...
Developer Welfare Concerns
Concerns for developer welfare continued from the previous decade into the 2020's. In particular there were a number of high profile incidents at major game developer companies.This lead to increased calls for, and corporate pushback against, unionizing. Concerns of child labor in the industry were also raised.
Apple vs. Epic
In August 2020, Apple and Epic begin disputing payment systems on the Apple App store, resulting in the game Fortnite being removed from the App Store.Coupled with increasing scrutiny from lawmakers, Apple reduces their cut from 30% to 15% for developers making under a million dollars annually, a move said to benefit indie game developers.
Ninth generation of video game consoles
The first ninth generation consoles launch in November 2020. 3D audio, SSD storage, and raytracing support is a common trend in this generation.Initially supplies of new PS5 and Xbox Series consoles are quickly bought up.
Culture
For the first time, the Hugo Awards included video games as finalists in 2021. The International Olympic Committee hosted their first esports event, the Olympic Virtual Series, beginning on May 13th, 2021.The opening ceremony for the Tokyo 2020 Olympic games on July 23rd, 2021 included music derived from a number of video games. Some American politicians cited video games as a negative factor in society.
Fall of Kabul
Following the collapse of the Afghanistan government, gamers in Afghanistan feared that games would once again be banned in their country.
Gaming in Russia
Major console manufacturers left the Russian market, though they were not popular with gamers there due to a preference for PC gaming.
Umurangi Generation
A 2020 photography game set in an future apocalyptic Tauranga, New Zealand.The game was developed by a Māori developer, and was noted for it's themes of colonization from the perspective of the colonized. Read more about Umurangi Generationon Wikipedia.
A map of countries showing GDP per capita in 2020. Countries with wealthier citizens are more likely to have higher impacts in non-essential markets such as video games. Dark purple indicates highe...
The Ultimate History of Video Games is a 2001 non-fiction book by Steven L. Kent. Published initially by Prima Publishing and then by Three Rivers Press , [ 1 ] it is an updated version of the self-published The First Quarter: A 25-Year History of Video Games .
Dec 1, 2023 · The Video Game Industry (VGI) is a highly innovative and rapidly growing sector that has become the dominant force in the entertainment industry, with significant economic and social implications.
May 16, 2024 · The global video game industry is a billion-dollar business and has been for many years. In 2022, the revenue from the worldwide gaming market was estimated at almost 347 billion U.S....
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May 15, 2024 · In late 2016 the video game industry saw its first major strike, following a breakdown of negotiations between a handful of major companies and the Screen Actors Guild - American Federation of Television and Radio Artists (SAG-AFTRA), with 450 members picketing the company Insomniac Games. [32]
