Local video game industry reaches new heights

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Australia’s video game development industry has doubled its revenue to $ 226 million since 2016, according to the results of the Australian Game Development Survey 2021.

The annual survey, conducted by the organization of the video game industry, the Interactive Games & Entertainment Association, highlighted the growing popularity of video games over the past three years, such as The Artful Escape and The Forgotten City. , as a key driver of growth.

Victoria’s leadership in the national games industry is also reaffirmed, with our state home to 44% of Australian game development studios – up from 40% in 2020 – and accounting for 57% of the industry’s workforce – against 52 percent. hundred in 2020.

The survey results also recognize that “the continued support of the state government” has built a digital game ecosystem in Victoria, with a large base of independent studios continuing not only to grow but to prosper.

The digital games market, valued at over $ 240 billion worldwide, is one of the main goals of the Victorian government of $ 191.5 million over four years.VIC SCREENstrategy, which was launched in May.

Earlier this year, the government invested $ 4.3 million in digital games and their creators.

The funding, provided as part of the Victorian Screen Incentive 2021, has enabled local studios, including EA Firemonkeys, SMG, League of Geeks and Wicked Witch, to work on some of the world’s biggest game titles from their Victorian offices.

It also supported 16 Victorian projects that shared over $ 1.5 million in production investment to take them to the next level and five additional games that shared $ 150,000 to support their release.

Victoria is also helping the growth of the games industry in Australia by hosting the largest gaming event in Asia-Pacific, Melbourne International Games Week, including draw cards like PAX Aus and Games Connect Asia Pacific (GCAP ). In 2021, Melbourne International Games Week hosted more than 50 events and attracted 4.3 million online participants.

For more results from the Australian Game Development Survey 2021, you can read the full report on the site IGEA website.


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