Despite the pandemic, investors’ interest in the game industry continues to increase. Turkey Startup Investments report released by KPMG Turkey, revealed the rising success of the gaming industry over the years. In the first nine months of 2020, the total amount of investment made in the enterprise ecosystem reached approximately $2 billion.
45.8 million dollars investment in the third quarter
While startups received a total investment of $19 million in Q1 2020, this figure reached $28.3 million in Q2. According to the report, startup investments rose to $45.8 million in Q3. The fact that the sale of shares in the gaming industry in the first nine months of 2020 created a transaction volume of approximately 2 billion dollars, made the gaming industry “the industry with the most investments.”
Incentives and supports for the game market are ready
Mesut Şenel, IFASTURK Education R&D and Support Founder, pointed out that the game industry has grown with the investments made:
“Turkey achieved a success worldwide with supports provided to games market. The increase in the number of companies and investments made in the industry is very important for development. While the game world continues to develop with innovative ideas and entrepreneurs aiming for the future, we also support entrepreneurs to overcome the difficulties. We carry out all the necessary processes and stages together to ensure that technology-oriented enterprises benefit from the state supports and incentives in the most efficient way. “
