Türkiye’s gaming industry saw an impressive surge of investment during the first half of this year, with $333 million pouring in – the highest amount in all of Europe.
This marks a 60% jump from the same period last year as compiled data from the Digital Transformation Office of Türkiye’s presidency reveals.
Other countries in Europe that received notable gaming investments include the UK with $158 million, Norway with $60 million, Finland with $53 million, and Sweden with $24 million.
The Turkish games industry has come a long way from receiving a paltry $600,000 investment in 2017. Since then, the figure has grown exponentially, with investments reaching $1.8 million in 2018, $8.4 million in 2019, $14.4 million in 2020, and skyrocketing to $264 million in 2021.
Istanbul emerged as the second city with the largest number of deals in the European gaming industry last year and the 5th globally.
Türkiye boasts a high gaming engagement rate with 92.3% of its internet users playing video games, exceeding the world average of 81.9%.
Mobile gaming dominates the market, with an estimated volume of $1.2 billion in 2023.
(AA)
