Malaysia’s digital game industry yields RM45m in sales, 700 jobs since 2014, says Gobind

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KUALA LUMPUR, Oct 28 — Malaysia’s digital game industry has recorded sales and export revenue of RM45 million from gover...

Citing Newzoo’s global game market report, Gobind revealed that global game revenue is projected to reach US$187.7 billion (US$1 = RM4.34) in 2024, with expectations to grow to US$213.3 billion by 2027, reflecting a compounded annual growth rate of 3.1 per cent from 2022 to 2027.“To enhance the promotion and marketing of local digital games, MDEC has established a platform for companies to explore market access.“The digital game markets frequently participated in include the Games Developer Conference in the United States, the Tokyo Game Show in Japan, China Joy in China, and Gamescom in Europe,” he added.

To date, the Malaysia Digital Economy Corporation (MDEC) has approved 60 projects with a total funding of RM36.7 million for the development of digital games across computer, console and mobile platforms.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaCubaJapanUnited States

Topics: Gobind Singh Deo Malaysia Digital Economy Corporation MDEC Digital game industry

Source Website Secure: Yes (HTTPS)

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Article Type: News Report

Published On: 2024-10-28 @ 12:37:23 (5 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 274 words

Reading Time: 2 minutes read

Sentences: 12 lines

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Copyright Owner: © Malay Mail

News ID: 23367451

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