Epic Games - 40 percent . Tencent's $330 million investment in Epic Games back in June 2012 triggered one of the most dramatic shifts in PC gaming of the last decade, ushering in a new era of free China is losing its global lead in games. By the end of 2019, the U.S. will replace China as the world’s largest gaming market, with an estimated revenue of $36.9 billion, says a new report from At the beginning of 2018, China’s online giant Tencent Holdings Ltd., held more than half the mobile gaming market in the country, followed by internet technology company NetEase according to Global Online Gaming Industry Market Research Report 1 Online Gaming Introduction and Market Overview 1.1 Objectives of the Study 1.2 Definition of Online Gaming 1.3 Online Gaming Market Scope and Market Size Estimation 1.3.1 Market Concentration Ratio and Market Maturity Analysis 1.3.2 Global Online Gaming Value ($) and Growth Rate from 2013-2023 1.4 Market Segmentation 1.4.1 Types of Online Tencent reported second-quarter earnings on Wednesday that beat market expectations but missed on revenue. Mobile gaming and fintech and cloud helped push company earnings higher. Tencent is one of China's largest providers of online messaging and payment services, which includes its popular WeChat platform. Its also a leading provider of online gaming, and has a burgeoning In 2019, Tencent Holdings Ltd., Chinese multinational investment holding conglomerate, seized approximately 45 percent of the total mobile gaming market in China. That year, Tencent generated Tencent Holdings' <0700.HK> market value slumped by around $20 billion on Friday after China intensified a crackdown on online gaming citing rising levels of myopia, heightening regulatory risks This proves that as far as the investment goes, Tencent clearly holds 40% market share in the gaming industry. As a matter of fact, Tencent has spent over $2.1 billion on investments in the gaming sector. On top of that, $14.1 billion has been spent in the acquisitions in the first quarter of 2018 alone. Online and mobile games make up almost the entire market, with consoles only representing a very small fraction of revenues. As a result, Tencent is expected to continue to grow and is likely to remain the largest company in the world in terms of game revenues. Sony, Microsoft and EA will hope for a boost in games sales in 2014 if the PS4 and Xbox One continue to sell well. However forecasts
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