The Swedish gaming industry earned $2.7 billion in 2019

Sweden’s gaming industry has remained profitable for 11 years in a row, Swedish analysts say. Its turnover grew by 23% and reached the $2.7 billion mark. However, all this happened in 2019.

The main thing from the analysts’ conclusions:

• The revenue of the Swedish gaming industry in 2019 amounted to €2.29 billion ($2.7 billion). For comparison, in 2018 it was €1.8 billion ($2.1 billion);

comparative graph of the revenue of the Swedish gaming industryduring the year, there were absolutely 39 transactions related to investments or acquisitions on the Swedish market.

• In total, their volume amounted to more than €400 million ($470.9 million). Moreover, in 29 cases, the buyer was Swedish, not foreign companies;
• Last year, 58 new gaming companies opened in the country. This is 15% more than it was in 2018;
• the number of jobs has also increased. In total, 654 more people joined Swedish organizations in 2019. At the same time, only 279 new employees work on the territory of Sweden itself;

the number of employees in Swedish gaming companies. Employees located in Sweden are marked in blue, employees in foreign branches are marked in pinka fifth of all employees involved in the Swedish industry are women (22%).

the number of women in Swedish gaming companies. Employees located in Sweden are marked in blue, employees in foreign branches are marked in yellow
Analysts also told a little about what is happening in Sweden in 2020.

They noted that from January to October of this year, only 21 investment transactions were registered in the country. However, the value of these transactions has already exceeded €1 billion ($1.2 billion).

Also on the topic:

• MAG Interactive earned $25 million in sales in 12 monthsSwedish Embracer Group received $648 million after issuing new shares
• Swedish Sharkmob has opened a studio for AAA games in London
• Is there any news?