Neogames’ latest game industry report was published 16.5.2023 and covers the years 2021 and 2022.

In 2021 Finnish Game Industry surpassed first time €3 billion turnover. Combined turnover, both in 2021 and 2022 was €3.2 billion. The number of active studios increased to 232.

At the end of 2022, the Finnish Game Industry employed approximately 4,100 people, 30% of whom were foreign working in Finnish studios in Finland. The total number of employees has increased by 500 from the last report (2020). The share of foreign employees has also slightly increased (2020: 28%).

The increase in jobs and foreign employees in 2020 to 2022 was significant, especially when big part of growth took place during pandemic. Finland is globally a very attractive centre of game industry. Sourcing experienced professionals locally has been and remains one of the greatest challenges facing the Finnish Game Industry. According to a survey, remote work practices learned during the COVID-19 will continue even after the pandemic. Approximately 35% of game industry employees still work primarily remotely. The share of women working in the industry remains in 22%.

Fingersoft Hill Climb Racing

SmallGiant Empires Puzzles 3

In 2021 and 2022, approximately 50 new games / year were published. Compared to the number of studios (232 at the end of 2022) this is a relatively small amount, and is mostly a reflection of the fact that a large portion of games now have a longer lifespan as services, as opposed to the traditional model of single published titles. Studios focus more on further developing what they have already put out rather than bringing out entirely new games. The challenges in the mobile game market are also reflected in the popularity of development platforms. Finland is known as a developer of mobile games, but PC is now almost as popular a platform (64%) as mobile devices (66%). Multi-platform game development is common in Finland, with 59% of studios developing games for two or more platforms.

Read the whole report here.

FINNISH GAME INDUSTRY AS NUMBERS

232

game development companies in Finland 2022

4,100

working for the Finnish Game Industry 2022

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