Chinese Gaming Industry Companies (2024 - 2029)

Chinese Gaming Industry Companies Summary

Several international corporations in the gaming industry are making their way into the Chinese market by acquiring shares from local gaming vendors or sponsoring professional gaming teams. The growth of eSports, where players participate in competitive gaming competitions broadcasted online, has significantly contributed to the expansion of the gaming industry in China. Firms across the region are also taking advantage of the opportunities provided by global digitalization, with several projects announced to enhance production efficiency through digital transformation. The gaming industry in China is also witnessing a rapid adoption of mini-games played within mobile apps, attracting many followers nationwide. The modernization of cable networks, allowing high-performance cloud gaming services, is another driver of growth in the market. The increasing prevalence of cloud infrastructure, which provides abundant computing, storage, and communication resources, is being utilized by various gaming applications. Despite the impacts of COVID-19, businesses based on online ad sales and in-game purchases managed to lessen the impact on their revenue streams by adjusting their monetization models.