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October 12 – EA Sports launches the multi-format FIFA Football 2005.The game became id's best selling game to date. August 3 – Doom 3 is released, restarting the breakthrough franchise, and featured complex graphics features such as unified lighting and shadowing, real-time fully dynamic per-pixel lighting and stencil shadowing.

July – IEMA (Interactive Entertainment Merchants Association) hosts 5th annual Executive Summit.

May 11–13 – The 10th annual E3 is held in Los Angeles, California, United States.

May 11 – Nintendo officially announces its "Revolution" (later named Wii) console.

March 22–26 – Game Developers Conference hosts 4th annual Game Developers Choice Awards and Gama Network's 6th annual Independent Games Festival (IGF).

March 4 – Academy of Interactive Arts & Sciences hosts 7th Annual Interactive Achievement Awards inducts Peter Molyneux into the AIAS Hall of Fame.

February 26 – Castle Wolfenstein creator Silas Warner dies at age 54.

January 20 – Wired's Vaporware Awards gives its first "Lifetime Achievement Award" to recurring winner Duke Nukem Forever.

The year's most critically acclaimed titles were Dragon Quest VIII and Gran Turismo 4 in Japan, and Half-Life 2 and San Andreas in the West.

The year's best-selling video game was Grand Theft Auto: San Andreas. The year has been retrospectively considered one of the best and most important in video game history due to the release of numerous critically acclaimed, commercially successful and influential titles across all platforms and genres at the time. The Nintendo DS was also launched that year. New intellectual properties included Fable, Far Cry, FlatOut, Killzone, Katamari Damacy, Monster Hunter, N, Red Dead Revolver, SingStar, and Sacred. 2004 saw many sequels and prequels in video games, such as Doom 3, Dragon Quest VIII, Gran Turismo 4, Grand Theft Auto: San Andreas, Half-Life 2, Halo 2, Metal Gear Solid 3: Snake Eater, Ninja Gaiden, Pokémon FireRed/LeafGreen/ Emerald, Everybody's Golf 4 ( Hot Shots Golf Fore!), Prince of Persia: Warrior Within, and World of Warcraft.