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The number of game studios in France reporting annual sales above €10 million was up 14.4% year-on-year in 2022, according to a new report from French trade body SNJV.
Over 12% of French studios did reach that €10 million threshold last year. Around 8.3% of them even surpassed €20 million in revenue. The majority was much lower though, with over half of all French studios having an annual revenue below €300,000 in 2022.
The French games industry consisted of 1,000 companies last year, including 577 game development studios. Independent studios made up 39% of the industry.