Turkey’s gaming sector is anticipated to continue expanding.
In MEF University at BDA 503 class we analyze startups whom getting investments from a variety of domestic and international investors using KPMG and 212’s Turkish Startup Investment Review 2021 report. Here is what we found.
The e-commerce and delivery sectors received the most investment by far. But we noticed something that most of these investments were made in only 2 companies, Trendyol with 1,435,000,000 and Getir with 1,018,000,000.
Gaming sector is quite popular compared to other sectors according to all investment stages. The gaming industry obtains the most investment in terms of quantity (51 / %17 of total investments), even if it may not receive the most investment in terms of overall value. The fact that this sector receives the most investment especially in the seed stage may be an indication that this sector will grow in the short-medium term.
In terms of the overall USD worth of investments, it can be observed that the majority come from the USA. Although local investments from Turkey is far ahead in terms of quantity (235), we see that it does not compete in terms of value.
In addition, USA has used most of the investment choices in favor of this gaming sector. Considering that USA is the country that invests the most, this is an important indicator of future for gaming industry in Turkey.
You can see the full analysis here.
