We are sitting at the table in the gaming industry: Turkey will be the country that receives the most gaming investment in Europe
July 25, 2022
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The ever-developing and growing video game industry is attracting a lot of attention both in our country and in the rest of the world. Many entrepreneurs are trying
The ever-developing and growing video game industry is attracting a lot of attention both in our country and in the rest of the world. Many entrepreneurs are trying to get involved in this sector by taking steps on video games, which have now become a part of our lives.
Now the emerging data has revealed that Turkey is one of the leading countries in Europe in terms of gaming. According to GameFactory, the investments collected in the first six months of the year amounted to hundreds of millions of dollars. In addition, it was stated that the investments collected in this period exceeded all investments of the previous year.
Turkey’s gaming industry is at the top of Europe with an investment of $333 million
from 2022 first half The investment report published for 333 million dollars revealed that it is at the top of the game industry in Europe by making investments. It was also striking that the number of investments was 13. Turkey was followed by the United Kingdom at $158 million, Norway at $60 million, Finland at $53 million and Sweden at $24 million.
In addition, the data also showed how much the Turkish gaming industry has grown over the past five years. Looking at the graph, it appears that throughout 2017, 1 million dollarsIn the first half of 2022, it was found to receive an investment of $333 million.
The sectors that received the most investment were determined
In addition, the data showed the sectors that received the most investment in Turkey in terms of quantity and quantity. Accordingly, the sector that received the most investment in amount was $771 million. food and grocery delivery it happened. Gaming, artificial intelligence and machine learning, digital marketing, e-commerce and finance were the other sectors that received the most investment, respectively.
In the report, which shows that 160 Turkish companies received investments in the first half, the financial sector was at the top in terms of numbers. finances; followed by gaming, health, artificial intelligence and machine learning, e-commerce, media and AR-VR. Finally, in the first six months of 2022, the entrepreneurial world in our country $1.4 billion investment has been reported. Well, what do you think of the growing game industry in Turkey? You can share your thoughts in the comments.
“Interest in blockchain games is increasing”
Rıfat Tellioğlu, Communications Director of Game Factory, an incubation center for game developers, said investments in blockchain and metaverse initiatives have reached $20 million and we will see more investment in the coming period.
“Although investment in the game industry declined quantitatively in the first half of this year, the investment amount exceeded the total of 2021. I expect the Turkish game industry, which received an investment of $333 million in 6 months, to year will end with at least $500 million. In addition, investments in blockchain and metaverse initiatives in Turkey reached $20 million in the first half. We will see more blockchain games invested in the coming periods.”
“We continue to bring entrepreneurs and investors together”
Rıfat Tellioğlu, communications director of Game Factory, an incubation center for game developers, stated that 8 startups came to investors thanks to Game Booster, the game startup acceleration program organized in collaboration with Google and Game Factory.
“As the first and only partner of Google for Startups in the field of games in the world, we realized the 2nd acceleration program Game Booster together with Google this year. 8 gaming startups gave presentations to investors. Many investment funds such as WePlay Ventures, Ludus Ventures, Games United and Legendary Ventures took part in the presentations held at GameX, the region’s largest game fair. As Game Factory, we will continue to support initiatives in all areas of the game industry.”
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.