If you are interested in gaming in the future, you can look into the companies in the region. Nexon Korea, NCSoft, Netmarble, Krafton Game Union, and other firms are all worth paying attention to. The list is constantly growing, so make sure to keep an eye on these companies as they continue to grow. Here is a list of the top 10 gaming companies in Korea for the year 2022.
Nexon Korea
Founded in 1994 by Jung-ju Jay Kim, Nexon is now one of Asia’s leading videogame developers. In 1996, Nexon launched the first MMORPG, The Kingdom of the Winds. By 2003, they were developing the first massively multiplayer online role-playing game, MapleStory. Today, Nexon’s games are played by more than 180 million people around the world. Among its many successful games are Lineage 2M, MapleStory, and KartRider.
Recently, the company’s new CEO, Lee Jung-hun, has pledged to donate $93 million to charity. His biggest strength is his extensive experience in the gaming industry, and he will aim to develop Nexon’s unique strengths to become more competitive in the global market. The company recently opened a children’s rehabilitation hospital in South Korea. That is a promising sign for the company.
Although DOTA is considered the best video game of all time, the Korean market is lagging behind League of Legends. As such, Nexon, a top Korean gaming company, has invested heavily in getting Korean pro-gamers involved in the game. Their newly formed T1 team is fully prepared to compete in the SEA region. Its investment in the company’s pro-gaming team has positioned it as one of the top 10 Korean gaming companies to watch for in 2022.
NCSoft
There are many notable Korean gaming companies. Some of these include the global mobile game developer Kakao, which operates several mobile platforms in the country. Another Korean gaming company, Zepetto, develops games for both PCs and consoles. And finally, we can’t forget our fellow countrymen, the ILLION gaming studio, which aims to introduce true top-quality cross-platform VR gaming entertainment. Meanwhile, Crzyfish, a company known for developing online games, provides a platform for users around the world to play their games and share their experiences.
DoubleU Games is another company to watch out for. The company creates and distributes social casino games on mobile devices, and its game DoubleU Casino is available in more than 120 countries. Its games target mobile and Facebook users, and it has plans to create new social titles by 2021. DoubleU also recently landed a major investment in the American company Epic Games. Both of these companies have a lot to look forward to in 2022. 토토커뮤니티
Netmarble
This list of top ten companies from South Korea provides you with an idea of what they are up to. CwaveSoft is a Korean game developer that makes popular mobile RPGs like DNF and Lineage Eternal. Neowiz, a subsidiary of Neowiz Holdings, has entered the Japanese market with a partnership with EA. Neowiz is also collaborating with Cayenne Entertainment Technology Co. and has established a presence in Taiwan. Besides the above, it is also collaborating with companies in Macao and Hong Kong.
In addition to their recent successes, NCSOFT is also planning to release ten new super game IPs in 2022. The list of these games includes Project Magnum, Mabinogi Mobile, TalesweaverM, Project HP, MOD, and Overkill. With all these new games, NCSOFT is poised for huge growth. But how will they keep up the momentum?
Krafton Game Union
The biggest reason that Krafton is one of the top 10 Korean gaming companies is the market for video games. China is the world’s biggest video games market, but a political spat in 2017 between the United States and China caused Beijing to freeze video game approvals in South Korea for three years. That froze is now over, but Krafton’s IPO has not. In November 2020, the company announced that it would set up a subsidiary in India, and it has also invested $19.5 million in the audio content platform KukuFM.
PUBG is a popular survival game that supports up to 100 players. Since its launch, the mobile version has accumulated more than one billion downloads. In the first quarter of 2018, PUBG had 51 million daily users, and the company reported a double-digit growth in profits, as the hit game pandemic has made it a sensation. PUBG is also helping Krafton’s financials, as its net profit doubled to $485 million in 2017.
Smilegate
A few of the top companies in the world in the gaming industry include Affinity Corporation, a leader in mobile game development that optimizes the user experience. Other notable companies include Kakao, a mobile app developer, HAEGIN, a game development studio, and RoughHands, a real-time online game developer. And finally, there is TYSON, a small game publisher that specializes in game marketing.
In South Korea, esports have emerged as a major industry, largely due to the popularity of Starcraft. Currently, the top games being played by South Korean gamers include Overwatch, FIFA Online, and League of Legends. A handful of other companies are also emerging from Korea, including Fakedice Games, a mobile game developer, and RocketOz, a social gaming platform. http://totonamed.com
5minlab is a South Korean startup founded in the year 2013. Currently, they focus on mobile and PC games, and have released more than 30 games to date. With its recent funding rounds, 5minlab has managed to gain a solid reputation and has attracted four investors. It has raised over $4.7 million in startup capital. And it may just be the first company in the industry to use this funding to build a virtual reality platform.
Gamevil Com2us
One of the reasons Gamevil is a top company to watch for the next few years is the development of its own fresh IP. Project C is expected to release in the first half of 2021. It will be a new IDLE RPG that borrows heavily from Nordic imagery. It has the potential to revolutionize the IDLE RPG space. In addition to this, Gamevil has recently signed a deal with Coinone, a top KODAQ-listed mobile game maker.
While Gamevil has a proven track record as a mobile game developer, it is willing to branch out. This company’s new game KAMI RETRO is an example of this. The game combines a puzzle platform with a Lemmings twist. The gameplay is also enjoyable, and the presentation is top-notch. These are just some of the reasons why Gamevil is one of the top 10 Korean gaming companies to watch for in 2022
GRAVITY
One of the fastest growing Korean game developers, Gravity is the only company listed on the NASDAQ. It is known for its Ragnarok franchise based on the popular Korean comic series. Revenues from this franchise make up nearly all of the company’s total revenue. With subsidiaries in the US, Europe and Russia, Gravity is quickly becoming a global player in the online gaming industry.
After launching in 2005, Gravity made history by going public and listing its American depository shares on the NASDAQ. It was also the first South Korean company to go public. It was also hit by major internal issues following the IPO, including allegations that the controlling shareholder had diverted company funds to his personal accounts. While this is unfortunate for the company, it did manage to resolve the shareholder lawsuit by settling it with the shareholders.
DoubleU Games
Currently, DoubleU Games has four million Facebook fans, but its future growth is far from certain. The company uses Facebook as a marketing tool, hosting giveaways and polls. In addition, the company uses security measures to ensure player privacy and integrity. In addition, DoubleU Games is listed on the KOSDAQ. As such, investors will want to keep an eye on it in the coming years.
The South Korean market is a fast-growing one, with an estimated value of 19.9 trillion won in 2022. The gaming industry in Korea has a lot of potential to grow. The country’s government has a strong gaming environment, and Korean developers are among the world’s leading game publishers. The Korean government is also supportive of innovation. Here are 10 Korean gaming companies to watch in 2022.