Portugal’s gaming industry is growing fast

Until a few years ago, the Portuguese video gaming industry was a force to be reckoned with, producing many games. What has changed and why?

The video gaming scene in Portugal popped up suddenly, showed great promise and growth when suddenly it withered and all but died because of the economic crisis in Portugal that saw the closure of many gaming studios. If you would like to know more about the best gaming companies in Portugal, you can take a look at Opinioesja.pt, a review website that has real customer feedback on gaming companies and their products.

The birth of Portugal’s gaming industry 

Pre-2004, there was absolutely no gaming scene in Portugal, until the end of that year when the first gaming studio was created. Soon after, the Portuguese Game Developers Association formed, which saw game development training programs popping up all around Portugal, with game conferences and a host of new gaming studies being formed. If you are interested in gaming as well as the different types of games available, you might like World of Tanks, an online video game focused on strategy. By clicking on the link, you can read real-world reviews and feedback from customers who have played this game or games from this developer which might be useful in your decision on which game is the right one for you.

The 2006 creation of GameInvest, a gaming company that offered investments in start-up video game studios, kicked off the gaming scene in Portugal significantly. With the creation of many more gaming studios, we saw the launch of many games and exciting projects coming out of Portugal, with some calling it the leader in the video gaming and gaming development industry. This continued for many years until 2010, which saw the start of the economic crisis that saw Portugal thrown into utter financial chaos for close to five years.

The growth of the gaming industry in Portugal

Focus on the present, there has been some recovery in the video game industry. While many larger studios and most of the smaller gaming studios were forced to shut their doors between 2010 and 2014, new smaller game companies have started up, with a focus on the mobile and digital gaming worlds. The APROJE has since dissolved, but gaming is slowly but surely making a comeback in Portugal.

Looking ahead, it is estimated that the revenue from the gaming industry in Portugal is set to reach US$133m in 2021, with an annual growth rate of 7.88-percent. With thirty gaming startups currently in operation in Portugal, the number of users of online games and the video game industry is expected to reach 3.3 million people by 2025.

It seems that there is hope for the video gaming industry in Portugal after all, and with the growth that we are currently seeing, it could be possible that the industry in Portugal could recover fully and once again be a force to be reckoned with. Only time will tell if we will see Portugal reach the heights that they were on top of once again.