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Jul 31, 2020

ChinaJoy held today, the market value of the online game sector exceeds 650 billion

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ChinaJoy, the annual online gaming event, will be held today in Shanghai as scheduled. The online game sector of the A-share market is steadily increasing in both market value and revenue. At present, the market value of the online game sector exceeds 650 billion. In the future, online games will further open up the growth space of high-quality games and become an indispensable product under the development of the Internet…

A-share market online game revenue nearly doubles in 4 years

With the development of the global Internet and the upgrading of terminal equipment such as computers and smartphones, online game carriers have continued to be satisfied. The global game market has risen rapidly and the market scale has gradually expanded. According to statistics from PricewaterhouseCoopers, the global online game market was worth 7.897 billion U.S. dollars in 2007, and the global game market exceeded 100 billion U.S. dollars in 2016.

The market size of China’s online games is in a synchronous upward pattern. Data treasure statistics show that in the past five years, the total revenue of 37 online game companies in the A-share market has increased steadily. In 2019, the total revenue has gradually approached 100 billion yuan, reaching 96.472 billion yuan, and the revenue in 2015 was 51.835 billion yuan. Yuan, revenue has nearly doubled in the past 4 years.

ChinaJoy’s attention remains high

Today, the 18th China International Digital Interactive Entertainment Expo (ChinaJoy) with the theme of “Technology + Entertainment” will be held at the Shanghai New International Expo Center. Since the first exhibition was held in 2004, ChinaJoy has been favored by more and more game companies and digital companies under the two-way promotion of the government and the market.

At the beginning of this year, ChinaJoy has become the third world-wide interactive entertainment event for the game industry and players after the E3 show in the United States and the Tokyo Game Show in Japan. In the past 5 years, the number of exhibitors at ChinaJoy has increased year by year, reaching 364,700 in 2019, and the number of exhibitors in a single day hit a record high.

The market value of the online game sector exceeds 650 billion

What is the real strength of the online game company, what is the R&D capability and return on investment? Data treasure uses the current market value of online game companies to make statistics, combined with performance, performance growth, and research and development capabilities to make comprehensive and objective judgments, and publishes the “Market Value List of Online Game Companies”.

Judging from the A-share online game market value ranking list, there are 3 companies with a market value of more than 50 billion and 14 companies with a market value of less than 5 billion. The market capitalization of the top 20 companies in the rankings exceeds 10 billion.

Institutions are optimistic about the game sector

In fact, the A-share gaming sector has experienced a four-year downturn since its high in 2015. In the context of the catalysis of the epidemic and the hype of the concept of cloud games, the game sector companies rebounded at the bottom of their stock prices.

The agency believes that the trend of individual stocks in the game sector in the second half of the year may diverge, and there is still room for growth in the subsequent market for companies that continue to expand their game business and bring high-performance growth.

Guoxin Media pointed out in the 5G cloud game theme exhibition area launched by ChinaJoy this year that cloud games will further open up the growth space of high-quality games, and game content providers with high-quality game development capabilities will continue to benefit.

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