that's Shanghai (January 27, 2025)
How China's Video Game Market is Ready to Take Over
How China's Video Game Market is Ready to Take Over
This past summer has been huge for Chinese gaming companies. The single-player market was taken by storm with the release of Black Myth: Wukong from Game Science, a game that broke PC gaming records by achieving the highest concurrent player count for a single-player game on Steam, the largest digital distribution service for PC games. On the third day of its release, it reached a peak of 2,415,714 concurrent players, surpassing gaming giants Elden Ring and Cyberpunk 2077, both created by long-time veterans FromSoftware and CD Projekt Red, respectively. The only game to surpass Black Myth: Wukong was the massive multiplayer title PUBG: Battlegrounds.
Black Myth: Wukong is a AAA game, defined as a high-budget, high-profile title typically published by large companies. While Game Science may not have been a AAA studio before the release of Wukong, it certainly is now. The release of the game has also sent gaming console sales through the roof, specifically Sony’s PlayStation 5 (PS5). Local vendors and gamers report a surge in demand for the PS5, as it offers an affordable alternative for those unable to purchase expensive Nvidia 40-series graphics cards for their PCs. Many retailers are selling out of PS5s, with the console reportedly selling twice as quickly as its predecessor, the PS4.