Top 11 Gaming Console Companies Driving Innovation Globally

The global gaming console market size reached a value of about USD 56.25 Billion in 2024. The market is further expected to grow at a CAGR of about 7.2% in the forecast period of 2025-2034 to reach a value of around USD 112.74 Billion by 2034. As per the analysis by Expert Market Research, the market is expected to be driven by the rapid technological advancements and innovations like advanced audio-visual systems.

The main purpose of a gaming console is to enable users to play video games. Popular gaming consoles include the various models of Wii, PlayStation, Xbox, and Leap TV, among others. Multi-purpose gaming console systems have been increasingly popular in recent years, which has helped the gaming console market thrive. 

With an increase in players, the gaming console market is seeing a revival. This is due to the rapid technological developments and advances, such as advanced audio-visual systems, which are driving up demand for gaming consoles worldwide. The market has also been helped by other factors like rising disposable incomes, the availability of different options to suit the preferences of consumers, and the numerous advantages provided by gaming consoles, which allow users to download videos and audios, browse the internet, listen to music, and watch videos while playing games.

However, it is projected that the high price of gaming consoles and the growing consumer inclination toward alternative platforms like internet games and mobile games will restrain the market expansion. Consumers' increasing investment in high-end displays and TVs in order to enjoy thrilling gaming experiences is predicted to fuel gaming console market expansion over the course of the forecast period.

The Asia Pacific is estimated to account for a significant share in the market due to the home console and specialised console markets' expanding penetration. Further, the region is anticipated to grow strongly over the course of the forecast period due to the widespread availability of 3D gaming gear and software, which will give it an advantage over other regional markets. In the upcoming years, emerging economies like China and India are expected to experience rapid growth and become some of the prime gaming demand generators in the coming years, thus aiding the gaming console market.

Latest Updates on Top Gaming Console Companies Worldwide | Market Leaders & Trends

In March 2025, Samsung unveiled its latest innovation: the Flex Gaming concept at MWC 2025. This handheld gaming console with a 7.2-inch foldable OLED display aims to revolutionise the gaming sector with a compact handheld console that’s easy to travel with.

In March 2025, Sony dropped a new software update for the PlayStation 3, labelled ‘PS3 system software update 4.92’. The new update is expected to improve system performance and renew the Blu-Ray player encryption key, which is expected to allow the gaming console to continue playing Blu-Ray discs.

In January 2025, gaming giant Nintendo announced that The Nintendo Switch 2 will be released in 2025. The console can play Switch 2 exclusive games, as well as both physical and digital Nintendo Switch games. The company also announced that it will also host “Nintendo Switch 2 Experience” events in several countries and cities, including Los Angeles, New York, London and Paris, beginning in April 2025.

In June 2024, Microsoft unveiled the Call of Duty: Black Ops 6 video game and announced new variants of its Xbox Series X and Series S gaming consoles at the Xbox Games Showcase 2024. The top-of-the-line Xbox Series X will be available in a new digital variant with 1TB of built-in storage. It was priced at USD 449.99.

Top 11 Gaming Console Companies Worldwide | Leading Brands

1. Sony Corporation

Sony is a global leader in electronics, gaming, and entertainment. Its diverse range of products includes everything from consumer electronics to professional equipment, such as televisions, cameras, and audio devices. As a major player in the entertainment sector, Sony owns a significant share in film production, music, and video game publishing. The company is perhaps best known for its PlayStation console, which has revolutionised the gaming industry with cutting-edge hardware and innovative titles. Sony has also made strides in the fields of artificial intelligence and robotics, focusing on creating intelligent systems for various applications. In the realm of imaging and sensors, Sony’s products are recognised for their high-quality performance and are widely used in mobile devices and cameras. The company maintains a global presence, with operations in nearly every region, constantly pushing technological boundaries. Sony continues to innovate and influence the worlds of entertainment, technology, and digital media, setting standards for the industry and capturing the imagination of millions worldwide.

2. Microsoft Corporation

Microsoft is one of the world’s most influential technology companies, known for its innovative software, hardware, and cloud computing services. The company’s most iconic product is the Windows operating system, which has become a staple in personal and professional computing. Beyond operating systems, Microsoft is a major player in software development with products such as Office 365, a suite of productivity tools used by individuals and businesses alike. The company is also a leader in cloud computing through its Azure platform, which provides businesses with cloud-based services for computing, networking, and data management. Microsoft’s acquisition of LinkedIn and GitHub has further expanded its portfolio, positioning the company at the forefront of business networking and software development. Additionally, its gaming division, Xbox, has a significant global following with both hardware and game development studios under its umbrella. With a focus on artificial intelligence, quantum computing, and other cutting-edge technologies, Microsoft continues to shape the digital landscape.

3. Nintendo Co., Ltd.

Nintendo is a pioneering company in the video game industry, renowned for creating some of the most iconic video game franchises and gaming hardware. The company has a reputation for producing family-friendly entertainment, with hit franchises such as Super Mario, The Legend of Zelda, and Pokémon. Nintendo has been instrumental in shaping the gaming landscape, with its consoles, such as the Nintendo Entertainment System (NES), Game Boy, and the revolutionary Nintendo Switch, gaining widespread popularity. The Switch is known for its hybrid nature, allowing users to play both on a TV and on the go. Nintendo is also a major developer of video game software, crafting games that combine creative storytelling with innovative gameplay mechanics. The company’s commitment to quality, accessibility, and entertainment has made it a beloved brand worldwide. In addition to gaming, Nintendo has ventured into mobile gaming, expanding its reach to smartphones and tablets with titles like Super Mario Run and Animal Crossing: Pocket Camp. Nintendo’s philosophy of creating fun and engaging experiences has kept it at the forefront of the gaming industry for decades.

4. Logitech Inc.

Logitech is a leading global provider of personal computer peripherals and accessories, known for its innovative products that enhance the digital experience. The company’s product range includes keyboards, mice, webcams, gaming gear, and audio devices, with an emphasis on quality, design, and user experience. Logitech has built a strong reputation in the gaming community through its Logitech G brand, which produces high-performance equipment tailored to professional and amateur gamers alike. The company’s dedication to sustainability is also evident, as it continuously strives to develop environmentally responsible products with eco-friendly materials. Logitech’s software ecosystem, which includes products like Logitech Options and the Logitech G HUB, allows users to customise and optimise their devices for a personalised experience. With a global presence, the company serves a wide range of customers, from individuals to businesses and gamers, offering innovative solutions for both work and play. Logitech has expanded its portfolio with acquisitions of companies like Blue Microphones and ASTRO Gaming, further solidifying its position as a leader in the tech accessory market.

5. Atari Inc.

Atari is a pioneering company in the video game industry, widely regarded for its role in shaping the early days of gaming. Known for developing some of the first arcade games and home consoles, Atari revolutionised the entertainment landscape in the 1970s and 1980s. Classic games like Pong and Asteroids became cultural icons, and the Atari 2600, one of the earliest home gaming consoles, helped popularise video gaming in the home. Despite facing challenges in the competitive gaming market, Atari remains a nostalgic brand that continues to influence the gaming world. The company has diversified its business over the years, with ventures in mobile gaming, virtual reality, and licensing its brand for various consumer products. Atari’s involvement in modern gaming includes collaborations with developers to create retro-inspired games and experiences, blending its historical legacy with contemporary trends. While no longer the dominant force it once was, Atari continues to captivate audiences with its legacy and commitment to innovation in the gaming space.

6. Meta Platforms Technologies, LLC

Meta Platforms, formerly known as Facebook, is a global technology company focused on building and maintaining virtual spaces for people to connect, share, and engage. The company is best known for its social media platforms, including Facebook, Instagram, WhatsApp, and Messenger, which collectively serve billions of users worldwide. Beyond social networking, Meta has made significant investments in virtual reality (VR) and augmented reality (AR), particularly through its Oculus brand, aiming to revolutionise how users experience and interact with digital content. With its ambitious Metaverse vision, Meta is working towards creating interconnected virtual worlds that go beyond traditional social media and entertainment, offering immersive experiences that could change the way we live and work. The company also provides advertising solutions for businesses of all sizes, allowing advertisers to target users based on demographic and behavioural data. Meta’s focus on innovation and its shift towards the Metaverse marks a bold step into the future of digital interaction.

7. Samsung Electronics Co. Ltd.

Samsung Electronics is one of the world’s leading technology companies, renowned for its innovation in consumer electronics, semiconductors, and digital technologies. The company’s flagship products include smartphones, televisions, home appliances, and semiconductor chips. Samsung’s Galaxy line of smartphones has established it as one of the top competitors in the global mobile phone market, while its high-definition televisions are considered some of the best available. The company has also pioneered advancements in display technology, including the development of OLED screens, which have been widely adopted in smartphones and televisions. As a major player in the semiconductor industry, Samsung manufactures memory chips and processors used in a wide variety of electronic devices. Its commitment to research and development has positioned it at the forefront of emerging technologies such as artificial intelligence, 5G networks, and the Internet of Things (IoT). Samsung’s global presence and commitment to excellence have made it a key player in shaping the digital landscape.

8. Valve Corporation

Valve is a renowned video game developer and digital distribution company, best known for its contributions to the gaming industry with innovative games and the Steam platform. Steam, one of the largest digital storefronts for PC gaming, revolutionised how games are distributed, enabling gamers to download and play games directly on their computers. Valve’s portfolio of critically acclaimed games includes titles such as Half-Life, Portal, and Dota 2, which have become cultural staples within the gaming community. The company’s focus on user-generated content, particularly with the release of Steam Workshop, has allowed developers and players to create mods and additional content, fostering a thriving community. Valve’s foray into hardware, with products like the Steam Deck, has further solidified its position as a leading force in both gaming software and hardware. The company’s innovative approach to game development, distribution, and hardware continues to shape the future of the gaming industry.

9. HTC Corporation

HTC is a Taiwanese technology company known for its innovative smartphones and virtual reality (VR) technologies. Initially recognised for its smartphones, HTC gained prominence in the early 2000s with the release of some of the first Windows Mobile-based devices. The company later transitioned to Android and became known for its high-quality flagship phones, such as the HTC One series. However, HTC has increasingly focused on virtual reality, with its Vive series of VR headsets becoming highly regarded in the gaming and entertainment industries. The company has also ventured into blockchain technology and the development of smart home devices, pushing the boundaries of digital interaction. Despite facing stiff competition in the smartphone market, HTC continues to innovate and explore new technologies, particularly in the fields of immersive virtual experiences and advanced telecommunications.

10. ASUSTEK Computer Inc.

ASUSTEK Computer, often known simply as ASUS, is a global leader in computer hardware and consumer electronics. The company’s product range includes laptops, desktop PCs, motherboards, graphics cards, and networking equipment. ASUS has built a strong reputation for producing high-performance gaming laptops and components under its ROG (Republic of Gamers) brand, which is beloved by gamers for its cutting-edge technology and design. The company is also a major player in the smartphone market with its ZenFone series, which offers a balance of performance and affordability. ASUS is known for its emphasis on quality and durability, and its products are widely regarded for their reliability and innovation. The company has also expanded into the world of smart home devices and cloud computing, continuing to push the boundaries of what is possible in personal and professional computing.

11. Anbernic

Anbernic is a company known for producing portable gaming consoles, particularly focused on retro gaming. Its products, such as the RG series, are designed to emulate classic gaming systems, allowing players to relive nostalgic titles from platforms like the NES, SNES, and Sega Genesis. Anbernic’s handheld devices are lauded for their compact size, high-quality screens, and extensive library of supported games. The company has gained a dedicated following among retro gaming enthusiasts and those looking for a portable solution to play their favourite vintage titles. Anbernic has built a reputation for producing reliable and affordable handheld gaming systems that offer an enjoyable experience for gamers of all ages. Despite being a smaller player in the gaming market, Anbernic has carved out a niche by catering to the growing interest in retro gaming and portable devices.