The following list of companies represents some of the most promising growth prospects for the gaming industry in the coming years. These companies include CwaveSoft,Nexon Korea,NCSoft,Netmarble,and Krafton Game Union. While we haven’t listed them all here,you’ll want to know more about their future potential. Then you can start following them to keep abreast of their latest developments.
Nexon Korea
With the appointment of Lee Jung-hun as the new CEO,Nexon Korea is set to further boost its position in the gaming sector. The new CEO is well-versed in the gaming industry and will do his best to leverage Nexon’s strengths to boost the company’s competitiveness in the international market. This article discusses 3 key investment opportunities for Nexon Korea.
Nexon Korea is one of the world’s leading game developers,with a massive booth area,banner displays,and adoring fans. In recent years,the company has been expanding its influence beyond the Korean market,with a host of popular games including Lineage 2M,MapleStory,H.I.T. Heroes of Incredible Tales,and many others.
The Korean gaming market is currently a lucrative one,with nearly 40% of the world’s top 10 markets accounted for by Asian countries. Mobile gaming is the most popular type of game,and the country is home to over 35 million smartphone users. The market is highly competitive,but has faced some setbacks over the last few years due to government regulations. For example,government regulations have barred youth under the age of 19 from playing certain games. Another setback has been the publication of lucky draw items,which has reduced the competitiveness of game companies. However,this has not stopped the Korean gaming industry from growing,and the industry is now focusing on play-to-earn games.
NCSoft
Netmarble is one of the most innovative Korean gaming companies. The company’s mobile game Marvel Future Fight has sold over $3 billion worldwide. Its partnership with the Korean K-pop group BTS and Lucasfilm is a testament to the company’s potential. Netmarble is also developing 6 Blockchain games by the year 2022. This includes the mobile version of MU Origin.
Nexon is another company to keep an eye on. The South Korean game company has worked with Nintendo to create the popular Dr. Mario World mobile games. The company also developed the game V4,which has caught the attention of the mobile gaming community in China. The company’s upcoming games include Kart Rider: Drift and Dungeon & Fighter. In addition to the two games mentioned above,Nexon has several other big plans for its future.
Heroes of the Storm was the most popular MOBA video game in South Korea until Overwatch briefly eclipsed it. It is a popular MOBA video game where players work in teams of six to take down their rivals. Players select their favorite heroes from a list of over 30. The teams must then work together to protect control points on a map. The game has received global recognition since its release and has more than 40 million players. http://totonamed.com
Netmarble
A Korean gaming company with global success,Netmarble is one of the most innovative companies to watch for in the coming years. With games such as Marvel Future Fight and Lineage 2,Netmarble is a key player in the mobile gaming market. The company generates revenues of $2 billion annually and aims to reach $3 billion by 2022. In addition to releasing new games,Netmarble is working with big names such as BTS to develop new products for its mobile gaming service.
Korea’s Pearl Abyss is another company to watch for in the gaming industry. Its developers were behind popular PC games such as Black Desert Online. In 2022,they’re planning to release the game to China as well. This game is considered the Call of Duty of the East and is highly rated. It has been downloaded over 300 million times and boasts a large number of players.
Krafton Game Union
One of the leading game developers in Korea is Krafton Game Union. The company recently merged with PUBG Corporation,making it one of the top 10 Korean gaming companies to watch for in 2022. As one of the biggest game publishers,it has exciting plans for the future of PUBG. Here’s why Krafton is one of the top 10 Korean gaming companies to watch in 2022:
In September 2020,Krafton Pearl Abyss cancelled the Eox project,which was set to launch a multimedia franchise. The company acquired 70% of Netmarble in October 2020,which it used to develop games. In June 2021,it acquired Demonware studios from Activision Blizzard,which helped it compete with rivals like Activision. And lastly,the company bought the rest of CJ Group through the Illustrious investment firm. Meanwhile,its food division was acquired by The Eclipse Group.
In addition to eSports,South Korean gamers love gaming. Over 50% of Koreans own smartphones. The country also has a thriving gaming industry,with over 35 million smartphone users. In addition to that,esports such as Overwatch are played on TV daily. Moreover,the country’s leading gamers compete in games such as FIFA Online and League of Legends.
Smilegate
NCSoft,one of the biggest game development companies in Korea,has many projects in the works. Its CROSSFIRE is one of the top online FPS games,with over eight million players. The game is serviced in 80 countries. NCSoft also has a popular PC game,Lineage 2M,which has been on the charts for seven years and garnered a total of two billion won in revenue.
Netmarble is a game development company that has found success overseas with popular titles such as the hit mobile game Marvel Future Fight. It has partnerships with Korean K-pop group BTS and Lucas films. It is one of the leading Korean gaming companies and plans to release six Blockchain games by 2022. In addition to Marvel Future Fight,Netmarble plans to launch new mobile games in the year 2022,including one called Star Wars: The Old Republic.
Nexon is another company with a promising future. It has invested in Wonder Holding,a company that creates popular mobile games,and plans to release mobile versions of its best-selling games. A recent acquisition of a stake in Nexon’s affiliate,Huh Min,will further strengthen its position in the mobile game industry. The company also developed popular games such as Arcane Showdown,Closers,FIFA Online 4,KartRidrift,and Romance of the Three Kingdoms.
amevil Com2us
The Gamevil Com2us mobile gaming company has been around for over a decade,with a focus on mobile games. Its most popular game is Summoners War,which has been downloaded more than 100 million times and has earned the company over $2 billion in revenue. Com2us has offices all over the world,including the United States,Germany,Taiwan,and China. The Com2us brand is a leader in mobile games,with a strong focus on depth and engagement.
Founded in 2000,Softmax had a rocky start with its first game,the acclaimed Magna Carta series. The game was so popular that it eventually became the company’s primary product. Then,in 2004,it signed the first deal among Korean gaming companies to develop games for the Sony Playstation 2. It was then redeveloped and released as Magna Carta: Tears of Blood on the PlayStation 2 and later as a portable version.
GRAVITY
One of the fast-growing Korean gaming companies is GRAVITY Interactive. The company is best known for its games based on the popular Korean comic,Ragnarok. In the fourth quarter of 2020,its revenue increased by 70%. It is currently the only Korean gaming company listed on the NASDAQ. This is due to the fact that it has many subsidiaries in several countries and develops games for the global market.
Another Korean gaming company to watch is Smilegate RPG. It has released many popular PC games,including the highly popular Crossfire and the popular online role-playing game Lost Ark. The two games were developed for over 7 years and cost $88 million. Today,Lost Ark is the fifth-most-played PC game in Korea. It won six awards at the 2019 Korea game awards,including the Grand Prize.
Another startup is Redbrick,a South Korean company founded in 2013. It specializes in blockchain-based P2P streaming and mobile games. It has raised more than $4.7 million in funding so far. The company has also received the support of major Korean investors such as LG Electronics and Samsung Electronics. The company also has an impressive track record,with multiple rounds of funding,which has enabled it to expand internationally.
DoubleU Games
In the year 2020,DoubleU Games will account for 10% of the global social gambling market. Its DoubleU Casino mobile game,for instance,is available in more than 120 countries. DoubleU Games intends to expand its social casino business even further by developing new social titles. DoubleU has plans to distribute its games domestically and internationally. Its growth is spurred by its success in attracting new players to its games.
The company developed a family of casual games and has a rapidly growing following in Korea and around the world. Its IPO attempt last year was a failure,but a recent acquisition by DoubleU Games has resulted in the company doubling its revenue and revenues. Moreover,DoubleDown Interactive,one of the world’s largest developers of mobile casino games,was acquired by DoubleU Games in 2017 for $825 million.
While PC and console games are hugely popular in South Korea,mobile games are thriving in this country. A majority of Koreans own a smartphone,and mobile gaming is growing at an exponential rate. In fact,mobile games make up about 60% of all mobile gaming revenue in the country. Moreover,the game industry is highly fragmented,with the top three publishers dominating the market.