Lithuanian Innovation Centre
Organization1 report
Lithuanian Innovation Centre (Lietuvos inovacijų centras) is a non-profit organization in Lithuania that provides innovation support services to businesses. It published the Lithuanian Games Industry Report 2019.
Documents
Report24 pages
Lithuanian Games Industry Report 2019
Lithuania's game development sector expanded rapidly between 2013 and 2018, with industry turnover rising from €7.63 million to €115 million and the sector's share of GDP climbing from 0.02% to 0.24%.
- Lithuania's game development turnover grew from €7.63 million in 2013 to €115 million in 2018, lifting the sector's share of GDP from 0.02% to 0.24%, driven mainly by mobile games and consolidation rather than a surge in company count (43 to 47 between 2014 and 2019).
- Revenue per employee rose from €35.7 thousand in 2014 to €163.5 thousand in 2018, while employment peaked at 774 in 2018 before stalling in 2019 amid a shortage of skilled IT professionals.
- The industry is dominated by very small studios: 79% employ fewer than ten people and 90% earn under €2 million annually, though the largest firms generate most of the revenue.
Baltic Game Industry