Latest E-Gaming news in Thailand
Did you know that Thailand’s game industry (E-Gaming) was valued at 29 Billion Baht in 2020? According to the Digital Economy Promotion Agency (DEPA), there was an average growth of 14% per year. With this leap in growth by the end of 2021, the industry is projected to be valued in excess of 33 Billion Baht.
Despite this huge increase in growth and popularity, Thailand doesn’t have many online game service providers nor does it have key game publishers. Between 60-70% of all game development in Thailand is shared with international firms from Asia and N. America.
Thailand E-Sports Arena
On 2nd March the Depa Game Accelerator Programme will launch in Thailand at the E-Sports Arena in Street Ratchada. Mobile game developers in action, adventure, strategy, and sports will compete across ten teams to join the program. This will also present Venture Capitalists with a great window of opportunity to invest.
Did you also know that mobile E-Gaming account for 70% of players in Thailand and in South East Asia a massive 82% of gamers play on mobile devices; this is according to gaming research firm NewZoo. According to GameAnalytics, in Q1 2020, the number of mobile E-Gaming grew worldwide from 1.2 billion people to 1.75 billion per month, marking an increase of 46%. To dig a bit deeper, out of the number of active mobile gamers worldwide in 2020 it was estimated that 72 percent of active mobile E-Gaming were millennials aged between 23 and 38, and 68 percent of gamers were Gen X aged between 39 and 50 worldwide.
Playing On Mobile
I personally, don’t tend to play on mobile devices. I find that it kills my phone battery too quickly and the reason I play games is to unwind and destress. There is nothing more enjoyable than firing up my PS4 and launching into a 6-hour marathon session on the Witcher 3. In Thailand, the PS5 has now been released but unless you know how to use a bot or you pay over the odds it is almost impossible to secure a console.
I wonder if consoles such as the PS5 and Xbox were more accessible would the number of mobile gamers decrease?