Investments in Türkiye’s Gaming Sector Surged 60 percent Year-on-Year

(MENAFN) According to a report by Gaming in Turkey, an Istanbul-based gaming and esports agency, investments in Türkiye’s gaming sector surged 60 percent year-on-year to USD424.7 million in 2022. The funding was distributed among 23 Turkish companies over the course of last year. Challenges related to trade had a negative impact on the global gaming market in 2021, according to Ozan Aydemir, the agency’s founder.

Aydemir revealed that Istanbul was the second top city in Europe in terms of game deals, after London, and the fifth in the world. Citing a report by research firm Newzoo, he stated that the size of the global gaming market is expected to reach USD185 billion this year, up from USD175.8 billion in 2021. He also noted that mobile gaming continues to shape the industry, accounting for around USD92 billion of total revenues.

The report revealed that gaming consoles made up approximately USD52 billion, while the total turnover of computer games was over USD40 billion. Aydemir stated that the number of players worldwide exceeded 2.95 billion, with esports followers reaching 549 million. In Türkiye, the number of players jumped from 42 million to 44 million last year.

The significant increase in investments in Türkiye’s gaming sector indicates the country's growing importance in the global gaming market. Despite the challenges related to trade, the Turkish gaming companies managed to attract a substantial amount of funding. The report also highlights the dominance of mobile gaming in the industry and its contribution to the growth of the market. The increase in the number of players in Türkiye is a positive sign for the country's gaming sector, and it is likely to attract more investments in the future.



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