game on! the flourishing gaming industry in finland
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Game on!The flourishing gaming industry in Finland
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The Finnish gaming industry welcomes new members!
Motivation: Nordic gaming hotspot
Potential: Gaming leads the global entertainment business. Bigger than music or movies.
Milestones so far Digital gaming entrepreneurs and companies are innovation leaders. They are changing the way the business is developed and run.
When: As soon as you can get here!
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Leading-edge cluster:The Finnish game industry
50% ecosystem growth year-on-year Number of game developers tripled between 2002 and 2011 Investments into game companies exceeded 130 M€ (Q1/2013) 39% of Finnish game studios develop for smartphones and tablets 55–60% of revenue comes from North America Pioneering companies have exceptional organizational and
commercial models
Consumer spending on gaming software grows at double-digit rates 2013-2018 (Gartner)
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Total value of the Finnish Game industry 270 M€ in 2011
12.4.2011
Game industry core, 165 M€Investments, 50 M€M&A, 30 M€Merchandise & licencing, 25 M€
Source: NeoGames
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Growth of turnover in the FinnishGame Industry Core, M€
2009
2010
2011
2012
0 50 100 150 200 250 300
87
105
165
250
12.4.2011Source: NeoGames
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Finnish start-ups are catching VC interest
Finnish start-up companies received EUR 134 million in investments during January through March 2013
Finnish companies generated more investments than German ones during Q1 and were only surpassed by British and French businesses
12.4.2011
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New models for developing and running the gaming industry
Virtual economies & currencies
12.4.2011
Digital marketing & distribution
New organizational models
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Something old, something newfrom Finland
12.4.2011
Alan Wake – Time magazine’s Game of the Year 2010
Angry Birds -Top paid app by 2014
Clash of Clans - Top earning iPad game in 77 countries
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The Finnish gaming industry
"For a country with a population about the size of Minnesota, Finland has produced some giant global hits in the mobile business, like Nokia and Rovio, the
company responsible for Angry Birds and Bad Piggies."
Nick Wingfield. New York Times,Bits Blogs / Oct. 2012
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For more information:
Neo Games – Hub of Finnish Gaming Industry
Invest in Finland / mobile cluster
Manse Games
International Game Developers Association / Finnish Chapter
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Entry to the East
Creative solutions
Stable Society Competent professionals
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Invest in Finland services for international companies
• Data collection & analysis
• Opportunity analysis
• Guidance on entry alternatives
• Networking
• Location management
• Setting up a business