Top gaming companies market value 2024

As of November 2024, Nintendo held the top spot among the largest gaming companies by market cap. The multinational gaming company is headquartered in Kyoto, Japan, and develops as well as publishes both video games and gaming consoles. Nintendo’s market cap was 65 billion U.S. dollars, ahead of second-ranked Electronic Arts with 42 billion U.S. dollars.

Roblox – a newcomer briefly shakes up the market

(Formerly) indie gaming company Roblox Corporation started trading publicly on March 10, 2021, and closed its first day of trading activity with a market cap of over 37 billion U.S. dollars, ahead of several well-established industry heavyweights. After a significant decline throughout 2022 and 2023, Roblox Corporation was still ranked among the biggest gaming companies worldwide, with a market cap of 23.89 billion U.S. dollars in April 2024.

Activision Blizzard – a giant exits the stage

A summer of litigation caused Activision Blizzard's value to drop and the company to be relegated to second place with a market cap of nearly 46.98 billion U.S. dollars in October 2021 before bouncing back to 67.06 billion U.S. dollars in early 2023. Microsoft purchased the company in January 2022 in one of the biggest video game acquisitions of all time. After months of negotiations with regulatory bodies around the world, the deal was finalized in October 2023, and the company was taken off the market.

Market capitalization of the largest gaming companies worldwide as of November 2024 (in billion U.S. dollars)

Characteristic	Nintendo	Electronic Arts	Take-Two Interactive Software, Inc.	Roblox Corporation	Square Enix Holding Group	Embracer Group	CD Projekt	Ubisoft	Activision Blizzard
2020-05	53.73	34.34	16.13	-	-	-	8.13	8.12	56.27
2021-03	64.73	37.43	18.98	37.17	6.64	-	5.23	8.12	70.74
2021-06	74.71	41.64	21.47	52.09	6.17	-	5.26	7.05	75.22
2021-11	53.23	35.32	19.56	74.88	6.23	-	4.67	5.69	46.98
2022-02	60.28	37.82	19.5	42.43	5.86	-	4.63	5.9	63.51
2022-05	52.15	36.13	14.21	18.95	5.2	-	2.74	5.51	61.41
2023-01	48.53	33.73	17.48	17.1	5.51	5.93	2.95	3.5	59.91
2023-04	47.8	35.12	20.98	24.55	5.72	5.12	2.64	3.04	67.06
2023-11	53.69	35.96	26.26	23.65	4.16	2.76	2.8	3.84	-
2024-04	59.56	34.83	25.79	23.89	4.38	3.2	2.87	2.59	-
2024-11	65.01	42.78	32.59	32.4	4.97	3.61	4.04	1.62	-

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Release date

November 2024

More information

Region

Worldwide

Survey time period

May 2020 to November 2024

Special properties

select publicly listed companies; excluding gaming segments of Microsoft, Sony and Tencent

Supplementary notes

May 2020 data from an earlier article. Roxblox Corporation started trading on March 10, 2021.
Microsoft's January 2022 acquisition of Activision Blizzard was finalized in October 2023.

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