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Pakistan makes mark at GDC 2024: Gaming Industry Spotlight

by News Desk
April 16, 2024
in Tech
Gaming Industry Spotlight
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Islamabad: Pakistan made a strong presence at the Game Developers Conference (GDC) 2024 as Pakistan’s representation stood out with 6 dynamic companies and a delegation of 30 delegates. Held in San Francisco, USA, GDC has served as the flagship event for game developers worldwide, driving the progress of the gaming industry.

With the global gaming market estimated to exceed $221 billion by 2023 and boasting approximately 3.2 billion gamers worldwide, the importance of events like GDC cannot be overstated.

The Pakistani delegation engaged in networking, knowledge sharing and exploring collaboration opportunities with leading industrial companies worldwide. This interaction showcased Pakistan’s talent and creativity in game development and opened doors to potential partnerships and investment opportunities.

The presence of officials from the Consulate General of Pakistan in Los Angeles, Mr. Asim Ali Khan and Trade and Investment Advisor Quratulain Fatima, underscored the importance of Pakistan’s growing gaming sector on the international stage.

The consulate’s support underscores the government’s commitment to fostering innovation and supporting Pakistan’s digital economy.

The potential of Pakistan’s gaming sector is obvious, its current value is nearly $200 million, representing 1% of the global market.

Pakistan’s gaming industry hosts more than 200 studios, primarily generating revenue from North America and Europe, while experiencing a growth rate of around 125%.

The Pakistan Software Export Board (PSEB) is diligently exploring new avenues to showcase and promote the growth of Pakistan’s IT sector.

The US is an important market for global technology exports including Pakistan.

Recognizing that approximately 50% of Pakistan’s total IT/ITeS exports go to the US, PSEB emphasizes the importance of establishing a strong market presence to expand business horizons globally.

As Pakistan continues to invest in its digital economy and foster innovation in the gaming sector, its presence at GDC demonstrated its commitment to becoming a global hub for game development.

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