In 2025, the top 20 Swedish games made over $1.4 billion: examining the rise of the local game development industry

In 2025, four out of the top 10 highest-grossing releases on Steam were developed by Swedish teams, and 15 local games each earned over a million dollars. Today, we will analyze the results of major hits originating from Sweden and track the main trends.

The topics covered in the article include:

• the highest-grossing Swedish releases of 2025 — from ARC Raiders and Split Fiction to Keep Driving and Abyssus;
• the diversity of genres presented and the rise of Swedish co-op games;
• the most successful games from local developers in recent years, including Valheim, V Rising, Satisfactory, Teardown, The Ascent, Songs of Conquest, and GTFO;
• which Swedish projects have earned over $100 million on Steam since 2020;
• the main trends and growth factors in Swedish game development.