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Southeast Asian video game industry economic growth

Overview

The video game industry is emerging as a significant economic driver across Southeast Asia, specifically within Indonesia, Singapore, the Philippines, Thailand, and Malaysia. The sector currently contributes approximately USD 8.2 billion to the GDP of these five nations and supports more than 640,000 jobs.

In Indonesia, the market is currently dominated by hardware, peripherals, esports, and retail, while local game development and publishing account for only 7 percent of the total economic contribution. Projections for Indonesia’s industry suggest it could reach US$3.3 billion in economic value and support roughly 476,600 jobs by 2030.

On a broader regional scale, the industry is projected to expand to a value of USD 14.2 billion and support 1.16 million jobs by 2030. Experts suggest that continued development will depend on direct investment, skill transfers, and strategic approaches to market access and local content production.

Entities

Indonesia · Access Partnership · Philippines · Cheng Wei Swee · Monrawee Ampolpittayanant

Timeline

  1. [BUSINESS] 2 sources
    Southeast Asian gaming industry contributes USD 8.2 billion to GDP

    The gaming industry contributes USD 8.2 billion to the GDP of Indonesia, Singapore, Philippines, Thailand, and Malaysia, supporting over 640,000 jobs with growth expected to reach USD 14.2 billion by 2030.

  2. [BUSINESS] 7 sources
    Indonesia gaming industry projected to reach US$3.3 billion by 2030

    Indonesia's gaming industry could reach US$3.3 billion in economic value and support over 476,000 jobs by 2030, according to a report by Tencent and Access Partnership.

Sources

bisnis.liputan6.com · en.antaranews.com · futuremediaga.com · gizmologi.id · irri.org · medcom.id · nobellaureatesforclinton.us · olangowildlifesanctuary.org · rri.co.id