Black Myth: Wukong Fuels Surge in China's Video Gaming Market with 117 Licensed Titles
New Licensing Surge in China's Gaming Sector
This month, China's publication authority greenlit 117 video games, the largest batch so far in 2024, highlighting a resurgence in the domestic market. Black Myth: Wukong continues to create buzz following its spectacular launch, with over 10 million copies sold in just three days.
Major Players in the Approval Wave
- Tencent Holdings' Yirenzhixia
- NetEase's Jiewai Kuangchao
- Huangyuan Shuguang from Alibaba Group's Lingxi Games
- Perfect World and Yoozoo Games
Additionally, state-owned telecom giants, China Mobile and China Telecom, also saw several titles approved.
Market Outlook
The NPPA has licensed a total of 850 domestic titles this year. This aggressive approval pace is fueled by the phenomenal success of Black Myth: Wukong, which has revitalized consumer confidence, potentially pushing China's gaming market to a projected value of US$45 billion, according to Newzoo.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.