Portrait de l'écosystème québécois du jeu vidéo 2023

Key insights

7 takeaways

01
Quebec has become the 3rd largest global game production hub in 25 years, according to the document. Its ecosystem is presented as unique due to its size, company diversity and collaborative culture.See it on page 2
02
The document states that 90% of studio revenues come from exports. It also reports 14,500+ direct jobs.See it on page 2
03
Gross fiscal revenues to Quebec are reported at 370 M$, with a revenue-to-cost ratio of 1.19 for the CTMM tax support in 2021.See it on page 2
04
Between 2015 and 2022, the number of studios in Quebec doubled, and the vast majority of new independent studios were founded by local entrepreneurs.See it on page 3
05
The global video game market was valued at 180 G$ in 2022 and is projected to grow 36% over 2022-2026, per the document's figures.See it on page 3
06
The document states that the video game market now exceeds the music and film markets combined.See it on page 3
07
The document lists tax credits of 30% in France, up to 45% in Australia, 32% in Ireland, and 40% in Ontario and Manitoba, which it presents as examples of government competition for studios.See it on page 4

Summary

La Guilde du jeu vidéo du Québec, described as the association of independent and international video game developers, creators, educational institutions and related-sector entrepreneurs established in Quebec, presents a portrait of Quebec's video game ecosystem in 2023. The document states that Quebec has become the 3rd largest global production hub for games in 25 years. It reports 14,500+ direct jobs, 290+ studios, a 200% growth in the number of studios since 2014, and that 90% of studio revenues come from exports. The fiscal support of 311.2 M$ received by the sector through the CTMM is described as generating revenues for the Quebec government, with gross fiscal revenues of 370 M$ and a fiscal revenue-to-cost ratio of 1.19 (Quebec) for 2021. The document also states that the number of studios in Quebec doubled between 2015 and 2022, with the vast majority of new independent studios founded by local entrepreneurs. Regional growth is noted, with emerging hubs in Saguenay and Sherbrooke, and 35% of new studios founded outside Montreal since 2018. Global market figures cited include a market of 180 G$ in 2022, a projected 36% growth for 2022-2026, and 3.11 billion players worldwide. The document also summarises tax-credit measures in France, Australia, Ireland, Ontario and Manitoba, and sets out five strategic priorities for La Guilde.