The local game development scene continues to grow, at least according to an independent study from the New Zealand Game Developers Association. Developers earned $99.87M in the financial year ending 31 March 2017 – a growth of 12-percent, from last year’s $88.9M.
“$100m is a great milestone to hit but our real goal is to grow a billion-dollar industry in New Zealand within ten years,” says New Zealand Game Developers Association Chairperson James Everett in a press release. “With some coordinated support to maxsimise our export potential, that’s achievable. Finland’s game industry earned over $4 billion last year, for example.”
“Game Development is a mix of two of New Zealand’s strongest sectors, creative and hi-tech. In a global digital market, New Zealand creators have the same opportunity as anyone else to compete and succeed.”
Everett continued, saying that creating our own IPs and self-publishing is the source of much of our success.
The study did find some pressing issues in the nascent New Zealand game dev scene though. 42-percent of studios felt that skill shortages constrained their growth. Lack of funding from outside investors was also seen as a barrier.
“At the moment, R&D funding is the most pressing need facing the sector. It’s what is needed to develop more original creative IP for export. Currently there’s a lack of coordination with the rest of New Zealand’s screen sector which can lead to missed opportunities too,” Everett finished.
For more stats, head on over to the NZGDA’s official site.