Top 55 Video Games Of All Time: 2024 Rankings

Published on February 28, 2024 at 2:50 pm by Aliza Zia in Business, Industries, Lists, News

In this article, we will be looking at the top 55 video games of all time: 2024 ranking. If you want to skip our detailed analysis, you can go directly to the Top 10 Video Games Of All Time: 2024 Ranking.

An Overview of the Video Game Industry

The global video game industry is growing rapidly. According to a report by Grand View Research, the global video game market was valued at $242.39 billion in 2023. The market is expected to grow at a compound annual growth rate (CAGR) of 13.4% from 2023 to 2030 and reach a valuation of $583.69 billion by 2030. A variety of factors including increasing population and improved access to smartphones and steady internet would contribute to the growth of the industry during the forecasted period. In 2023, there were almost 3.22 billion gamers globally. The number is expected to swell to 3.32 billion by 2024.

One of the most notable trends in the video game market is the rising popularity of esports. Esports enable skilled video gamers to compete against each other. Esports tournaments attract large online and offline audiences. It is a popular form of entertainment with millions of fans worldwide. Esports has expanded its scope beyond traditional sports-related games including NBA2K and FIFA to have top video games including Counter-Strike, League of Legends, and Dota. Esports genres mainly include multiplayer online battle arenas, real-time strategy, and first-person shooter games. The rising hype around esports is expected to fuel the growth of the global video game industry during the forecasted period.

The Asia Pacific region held a revenue share of over 48% of the global video game market in 2022. The popularity of video games in countries including China and Japan significantly contributed to the revenue share of the region in the global market. The region is forecasted to grow at a CAGR of around 14.0% from 2023 to 2030. Furthermore, in 2022, North America contributed 24% to the total revenue of the global video game market. It has been estimated that 65% of Americans play video games with 212.6 million players per week.

Notable Companies In The Video Game Industry

Some of the prominent names in the video game industry include Take-Two Interactive Software, Inc. (NASDAQ:TTWO), Roblox Corp (NYSE:RBLX), and Electronic Arts Inc. (NASDAQ:EA). You can also check out the 12 Best Video Game Stocks to Buy Now.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is a video game company based in New York City. The company develops games under various labels including Zynga Inc, Rockstar Games, and 2K. On January 24, Take-Two Interactive Software, Inc. (NASDAQ:TTWO) announced the partnership of Zynga Inc. with luxury sports cars maker Automobili Lamborghini S.p.A. The collaboration involves making CSR Racing (CSR), a popular mobile racing franchise under Zynga’s NaturalMotion subsidiary, an official partner of Lamborghini’s new LMDH prototype entry in global racing championships.

Roblox Corp (NYSE:RBLX) is an American video game developer based in San Mateo, California. It was founded in 2004 by David Baszucki and the late Erik Cassel. Roblox Corp (NYSE:RBLX) is the developer of Roblox, a popular online platform and game creation system that allows users to design games and play games created by other users. On February 5, the company announced the launch of AI-powered automatic chat translations, enabling users worldwide to communicate seamlessly regardless of language barriers. The new feature translates real-time text chat messages among users in the platform’s 16 supported languages. The new feature will add to the experience of the 70 million daily users across 180 countries by making the platform more inclusive.

Electronic Arts Inc. (NASDAQ:EA) is a leading global developer and publisher of video games. Electronic Arts Inc. (NASDAQ:EA) is known for iconic franchises including FIFA, Madden NFL, and The Sims. On January 30, Electronic Arts Inc. (NASDAQ:EA) reported earnings for the fiscal third quarter of 2024. The company reported an EPS of $2.78. The company’s revenue for the quarter grew by 1.02% and amounted to $2.37 billion. As of February 15, the company has surged nearly 19.37% over the past six months. Here are some comments from the company’s earnings call:

“It was a strong Q3, as we continue to entertain hundreds of millions of players and fans around the world. Our exceptional teams created high-quality games and experiences across our broad portfolio that, drove deep engagement and record live services. This quarter, two of the world’s most celebrated interactive entertainment experiences EA SPORTS FC and EA SPORTS Madden NFL delivered phenomenal strength, as sizable drivers of long-term growth. We are launching amazing games and experiences that entertain massive online communities, create blockbuster interactive storytelling, and harness the power of community in and around our games. EA’s Q3 results are a great example of our execution across our strategy.”

The video game industry is highly competitive with companies developing and publishing new games all the time. There are a hundred and thousands of video games to choose your favorite from. We have made a list of the top 55 video games of all time, as of 2024. You can also read the 25 Most Addictive Video Games in the World.

Top 55 Video Games Of All Time: 2024 Rankings

Our Methodology

To make our list of the top 55 video games of all time, we used a consensus methodology. We initially consulted 4 list compilations on IMDb and used filters to sort games with at least an IMDb rating of 8 out of 10 and at least 10,000 votes. For the video games appearing across lists, we aggregated the number of votes and took the average of ratings. The list has been arranged in the ascending order of ratings, primarily, and tie-breaking has been done based on the number of votes.

By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or a professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

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Top 55 Video Games Of All Time: 2024 Rankings

Published on February 28, 2024 at 2:50 pm by Aliza Zia in Business, Industries, Lists, News

An Overview of the Video Game Industry

Notable Companies In The Video Game Industry