1 year 6 months ago
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Sweden's gaming industry is growing by leaps and bounds, according to a new joint report by the country's gaming trade organizations ANGI and Spelplan-ASGD.
This week's Game Developer Index 2022 reports that the Swedish games industry brought in €5.8 billion in 2021, more than four times the €1.4 billion it had managed in 2017.
Most of that growth can be attributed to the recent trend of Swedish companies acquiring foreign companies and adding their revenue to the pile. Embracer Group is the most notable example of that, but companies like Stillfront, Thunderful, Enad Global 7, and others have also made multiple significant acquisitions in recent years.