A naukri.com initiative
Siliconcanals
2w
254
Image Credit: Siliconcanals
GDEV Holding: Portfolio Companies and Growth Strategies
- GDEV Holding has achieved considerable success in the gaming industry, generating over $2.5B revenue with 550 million+ game downloads.
- It operates 4 gaming studios with over 900 employees across the globe – 34% of revenue comes from the US, 29% from Europe, and 22% from Asia.
- To achieve its success, the company strives to create ‘forever franchises’ that can adapt to changing player preferences by accumulating expertise and constantly improving games.
- Besides diversifying its offerings beyond in-house gaming studios, the company also experiments with new media formats like collaborations, animations, webcomics to help expand its audiences in different markets.
- GDEV's management believes that companies with strong, established brands and resources can better navigate market challenges.
- The company's portfolio consists of four studios which produce a wide range of games for different genres and platforms.
- Game Gears, acquired in 2022, specialises in hybrid casual games while Royal Ark, initially focused on mid-core games, now focuses on the casual genre.
- GDEV's long-term vision is to provide the best game experience for each player, focusing on developing and nurturing key genres for top-tier games.
- The company aims to capture a more significant share of the global gaming market by leveraging its existing strengths and capabilities, exploring new markets, and platforms like VR.
- Nexters is a well-known studio within the gaming industry with almost 600 employees and three hit mobile games like Hero Wars Alliance, Hero Wars: Dominion Era, and Island Hoppers. Pixel Gun 3D, one of Cubic Games' creations, is a top seller and the most popular shooter game on Steam.
Read Full Article
15 Likes
For uninterrupted reading, download the app