In terms of revenue and the number of companies, the Taiwan video games industry has experienced a tremendous expansion in recent years. The Taiwan Digital Game Industry Promotion Association reported that the island’s gaming sector brought in $2.2 billion in revenue in 2019, an increase of 4.5% from the previous year. Additionally, there were 1,200 game production companies in Taiwan in 2019 compared to 1,000 in 2018.
The popularity of mobile games is one of the elements fueling this expansion. Many Taiwanese game producers have taken advantage of the trend by making games that are specially made for smartphones and tablets. As a result, a sizable amount of the island’s gaming industry’s revenue is now generated by mobile games.
Another issue is the growing number of Taiwanese video game producers who export their products internationally. Because of Taiwan’s robust engineering and technology sectors, several of these developers have been successful in the international market. This has made it possible for Taiwan’s game developers to produce technologically cutting-edge and artistically spectacular games.
To promote their titles and broaden their audience internationally, Taiwan’s game creators have also been actively participating in international gaming events and exhibitions, such as the Taipei Game Show and the Tokyo Game Show.
The Taiwanese video game industry is dealing with specific difficulties, though. The need for domestic talent is one of the significant issues. Since many young Taiwanese graduates prefer to work in more established industries, Taiwan’s game development companies frequently need help acquiring and retaining talent.
Another difficulty is the region’s fierce rivalry, especially between China and South Korea, which have more extensive and developed game businesses.
The video game business in Taiwan is still expanding and changing despite these obstacles. The island’s game creators are constantly pushing the envelope of what is feasible, producing visually spectacular and highly sophisticated games. And with mobile games becoming more and more popular, Taiwan’s game sector has a promising future.