Turkish Gaming Ecosystem in 2023: Strong Nevertheless
Invest in Türkiye recently unveiled its report, "The State of Turkish Gaming Ecosystem," offering insights into the industry's trends, challenges, and prospects. Despite certain setbacks in early 2022, like the pandemic's end and global conflicts, the Turkish mobile gaming sector proved resilient, with significant acquisitions highlighting its strength. Turkish mobile gaming landscape boasts 740 active studios, 12 incubation centers, 21 acceleration programs, 2 clusters, and 8 dedicated investment funds, positioning it as a European leader after the UK. The Turkish mobile gaming's evolution dates back to the 2010s, marked by the establishment of startup support mechanisms like the Venture Capital Investment Fund (VCIF), which saw significant changes in 2020. This shift, alongside success stories, spurred corporate interest, with 80 active Corporate Venture Capitalists participating in 37% of deals in the first nine months of 2023. From Exits to Hubs: Turkey's […]