serbian gaming industry report 2021

This article was developed within the program Venture an Idea funded by the USAID.

According to the Startup Genome report some of the identified strengths in Serbia are sectors: Gaming and Blockchain.

The latest report by Serbian Gaming Association brings detailed insight and information about the domestic gaming industry and monitors the growth and development of this ecosystem from 2017 onwards. Stable growth has continued in almost all areas, and here are some of the data we highlight:

• Serbian games have been purchased / downloaded 370 million times in 2021 globally
• 450 positions have been opened this year alone
• 30% of employees are women
• 60% developed the original IP
• 130 companies, studios and teams
• total revenues of 125 million euros

The report provides more accurate data on revenue, companies, employees, games and the ecosystem. The vast majority of companies and studios earn the most through direct sales, which means that the games are successful enough to ensure the independence of the studios, expanding the team and working on new projects. Report features short overviews of local companies like: Playstudios, 3Lateral, Digital Arrow, Fortuna, Nordeus, etc.

The Serbian Games Association (SGA) is a non-governmental, non-profit organization dedicated to the development of the Serbian gaming industry. Their members are teams, companies and individuals engaged in the production of video games in Serbia, as well as other services related to the currently most developed entertainment industry in the world.

For additional relevant information and news from the local digital ecosystem, check out our Belgrade Insights page!

This article was made possible by the support of the American people through the United States Agency for International Development (USAID). The contents of this article are the responsibility of Nova Iskra do not necessarily reflect the views of USAID or the United States Government.