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Australian video games trade generates $212 million in 2024 amid demanding situations

admin@news.funofgaming.com by admin@news.funofgaming.com
22/12/2024
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Australian video games trade generates $212 million in 2024 amid demanding situations
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The Australian video games trade generated AU$339.1 million ($212m USD) income in 2024. 

That is in line with the Australian Sport Construction Business Snapshot record which displays that regardless of a difficult international construction setting, the field maintained a gentle staff of two,465 full-time builders. 

Additionally, 61% of studios plan to rent within the coming 12 months, with 81% anticipating their headcount to stick solid or develop in 2025. The record additionally published that 85% of the 137 responding studios evolved video games in accordance with their very own IP, with 93% in their income coming from outdoor Australia. 



Victoria stays the main hub for sport construction within the nation, website hosting 52% of studio head places of work. Whilst many studios function throughout more than one states, 82% of workers are concentrated at the east coast, with 36% in Victoria, 27% in Queensland, 18% in New South Wales, and 1% within the ACT.

Supporting the native trade

“This 12 months has proven the native video games sector continues to construct capacity within the face of world headwinds,” mentioned IGEA CEO Ron Curry. 

“93% of the income generated in Australia comes from in a foreign country resources, highlighting the recognition of Australian-made video games to a world target market.

“Beneficiant and globally aggressive tax rebates plus direct investment from the federal and state governments continues to verify Australian sport builders can ship superb sport tasks. 

Curry added: “25% of our survey respondents accessed the Virtual Video games Tax Offset ultimate 12 months, and just below 40% intend to take action this monetary 12 months. We should take care of this degree of make stronger to verify the native trade continues to develop and give a contribution to Australia’s inventive and virtual exports.”

You’ll get right of entry to the overall record from the IGEA’s web site.

Tags: AustralianchallengesGamesgeneratesindustrymillion
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