The German games industry generated 9.97 billion euros in revenue in 2023, representing a 6 percent year-over-year increase driven by hardware, mobile gaming, and in-game purchases.
02
While the number of development and publishing companies has grown by 52 percent since 2020, the sector is experiencing a slowdown in new company formations and employment growth due to economic instability and unpredictable federal funding.
03
Industry stakeholders are advocating for a shift from fixed-budget funding to a hybrid, tax-based model to remain competitive against international rivals who benefit from more stable tax credit systems.
04
Germany remains the largest games market in Europe, with its global influence bolstered by the international expansion of the gamescom event into markets like Singapore and Brazil.
05
Strategic priorities for 2024 include workforce development, the integration of gaming into educational frameworks, and the improvement of digital infrastructure.
06
The industry is prioritizing corporate social responsibility, with a majority of companies implementing sustainability measures like green energy transitions and initiatives to improve diversity and combat toxicity.
Insights
01
The German games industry generated 9.97 billion euros in revenue in 2023, representing a 6 percent year-over-year increase driven by hardware, mobile gaming, and in-game purchases.
02
While the number of development and publishing companies has grown by 52 percent since 2020, the sector is experiencing a slowdown in new company formations and employment growth due to economic instability and unpredictable federal funding.
03
Industry stakeholders are advocating for a shift from fixed-budget funding to a hybrid, tax-based model to remain competitive against international rivals who benefit from more stable tax credit systems.
04
Germany remains the largest games market in Europe, with its global influence bolstered by the international expansion of the gamescom event into markets like Singapore and Brazil.
05
Strategic priorities for 2024 include workforce development, the integration of gaming into educational frameworks, and the improvement of digital infrastructure.
06
The industry is prioritizing corporate social responsibility, with a majority of companies implementing sustainability measures like green energy transitions and initiatives to improve diversity and combat toxicity.