Easy to read what went on in 2024, China rocked, Japan was mid, and the West flopped.
While Japan had some well received games, the sales did not match the acclaim, and their market is a mess. The West did abysmal with layoffs, the fall of Ubisoft, and those live service failures.
Meanwhile China had the most successful single player game release in Black Myth Wukong, and FIVE live service hits, three came in December; Zenless Zone Zero, Wuthering Waves, Marvel Rivals, Infinity Nikki, and Where Winds Meet. Tencent (who have Riot and Grinding Gear Games), NetEase, and MiHoYo are in strong positions. Their industry is doing well while everyone else is mostly in recession. Why?
Because they can make good games cheap, their culture is very strong, and they actually listen to what players are telling them when it comes to live service games unlike the West. The only thing stopping China right now from a complete breakout is their government (which put their industry in a dark age in 2021). Meanwhile in the West, you have overbudgeting, poor management, terrible ideas and culture, not listening to gamers, etc.
And with many more games coming in 2025, China stays in a strong position.
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