The video game market has already overtaken the cinema market, with more and more people preferring to sit in front of a screen to be the protagonist of their adventure or the star of their team. It is estimated that the consumption of video games in Portugal will reach 258 million dollars in 2024, with mobile games being the favourite.
The turnover of video game companies in Portugal has also increased significantly in recent years. From 5.4 million in 2018, increased to over 38 million in 2022, representing an average annual growth of 65.2 per cent, according to the Portugal Statistics (INE). In Portugal, the video game market is levelling up and the forecasts are optimistic for a game that promises to last.
According to Jeferson Valadares, president of the Association of Portuguese Video Game Producers, the last few years have been marked by investments, mergers, and acquisitions that are a sign of the sector's maturity. Read the full interview here.
Meet the success stories: Anybrain, AstralShiftPro, Camel 101, eGamesLab, Gound Control Studios, Infinity Games, Massive Galaxy Studios, Miniclip, Saber Porto, Sound Particles, The Gang.
In this issue, we present a profile on California. If California were a sovereign nation, it would rank as the world’s fifth-largest economy by nominal GDP, ahead of countries like the UK and France. The state, home to Silicon Valley, the semiconductor industry, and Hollywood, is also at the forefront of the artificial intelligence revolution. It is also the epicentre of the revolution brought about by artificial intelligence. Portugal was represented for the first time at the Games Developers Conference, showcasing the Portuguese offer for gaming.
The turnover of video game companies in Portugal has also increased significantly in recent years. From 5.4 million in 2018, increased to over 38 million in 2022, representing an average annual growth of 65.2 per cent, according to the Portugal Statistics (INE). In Portugal, the video game market is levelling up and the forecasts are optimistic for a game that promises to last.
According to Jeferson Valadares, president of the Association of Portuguese Video Game Producers, the last few years have been marked by investments, mergers, and acquisitions that are a sign of the sector's maturity. Read the full interview here.
Meet the success stories: Anybrain, AstralShiftPro, Camel 101, eGamesLab, Gound Control Studios, Infinity Games, Massive Galaxy Studios, Miniclip, Saber Porto, Sound Particles, The Gang.
In this issue, we present a profile on California. If California were a sovereign nation, it would rank as the world’s fifth-largest economy by nominal GDP, ahead of countries like the UK and France. The state, home to Silicon Valley, the semiconductor industry, and Hollywood, is also at the forefront of the artificial intelligence revolution. It is also the epicentre of the revolution brought about by artificial intelligence. Portugal was represented for the first time at the Games Developers Conference, showcasing the Portuguese offer for gaming.
