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Gaming Industry in Finland


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The flourishing gaming industry in Finland: Alan Wake, Angry Birds, Clash of Clans. Digital gaming entrepreneurs and companies, Finnish start-ups, VC interest. The growth of the turnover.

Published in: Entertainment & Humor, Sports
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Gaming Industry in Finland

  1. 1. Game on! The flourishing gaming industry in Finland
  2. 2. 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!
  3. 3. 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) 3
  4. 4. Total value of the Finnish Game industry 270 M€ in 2011 12.4.20114 Game industry core, 165 M€ Investments, 50 M€ M&A, 30 M€ Merchandise & licencing, 25 M€ Source: NeoGames
  5. 5. Growth of turnover in the Finnish Game Industry Core, M€ 87 105 165 250 0 50 100 150 200 250 300 2009 2010 2011 2012 12.4.20115 Source: NeoGames
  6. 6. 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 12.4.20116
  7. 7. New models for developing and running the gaming industry Virtual economies & currencies 12.4.20117 Digital marketing & distribution New organizational models
  8. 8. Something old, something new from Finland 12.4.20118 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
  9. 9. 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
  10. 10. For more information: Neo Games – Hub of Finnish Gaming Industry Invest in Finland / mobile cluster Manse Games International Game Developers Association / Finnish Chapter
  11. 11. Entry to the East Creative solutions Stable Society Competent professionals
  12. 12. Invest in Finland services for international companies • Data collection & analysis • Opportunity analysis • Guidance on entry alternatives • Networking • Location management • Setting up a business