The Digital Economy Promotion Agency (DEPA), in collaboration with esteemed partners including the Thai Digital Content Association (DCAT), Thai Animation and Computer Graphics Association (TACGA), Thai Game Software Industry Association (TGA), Bangkok ACM SIGGRAPH, and Atwise Consulting Company, has unveiled a comprehensive survey and evaluation report on the state of the Thai digital content industry encompassing games, animation, and characters for the year 2022, accompanied by a forward-looking three-year forecast.

 

It was revealed that the total value of the Thai digital content industry in 2022 witnessed an average decline of 4%, due to the contraction of the game industry, which makes up a significant 85% of the total value of the industry, totalling 40,518 million baht. Despite this, it’s estimated that the digital content industry will continue to grow, with the total value expected to expand to 44,983 million baht by 2025.

 

The gaming industry in 2022 had a total value of 34,556 million baht, a decline of 7% due to a decrease in the number of players and playtime as people’s lifestyles return to normal. However, the gaming industry has the potential to grow due to the development of new player experiences and the emergence of GameFi or Game NFT, which allows investment and revenue generation.

 

The animation industry expanded by an average of 15% last year, with a total value of 3,936 million baht. Thailand is a key outsourcing location for animation and CG/VFX work, receiving orders primarily from China, Japan, South Korea, Europe, the United States, Hong Kong, Singapore, Cambodia, Vietnam, and Canada.

 

By Atima Homtientong

Caption: Picture courtesy of Khaosod

 

Full story: The Thaiger 2023-09-14

 

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It's got to be bad if Thais stop playing games...

4 hours ago, StayinThailand2much said:

It's got to be bad if Thais stop playing games...

It's worldwide........not merely dependent on number of Thais gaming.

 

During COVID tourism went down and gaming went up, massively.

 

Decline now with tourism increasing.......but still much greater demand than pre-COVID.

 

The contraction is from an "inflated" boom.

 

 

 

Intel awards this year... 

1. BRINL – Braille Interactive Learning (Thailand), Teerapat Sardsud, Roryon Wannapraserd, Phachara Phuansup: A solution that utilizes AI to improve Braille learning for visually impaired individuals, promoting Braille literacy and empowering users with the ability to access information.
2. Congratulations and keep up the good work...

13 hours ago, StayinThailand2much said:

It's got to be bad if Thais stop playing games...

I'd like to know how that can be confirmed. If I download a game and play it and go to the extreme to unlock everything, I am still playing games daily just not paying daily for a lucky crate !