Telkom Indonesia’s startup incubator Indigo and digital entertainment unit Nuon Digital Indonesia have agreed to collaborate with the Ministry of Trade to accelerate development of the country’s games industry.
Under the deal signed by Indigo, Nuon and Directorate General of National Export Development of the Ministry Trade, collaboration, the three organisations aim to increase the capacity, quality and competitiveness of Indonesian games industry players.
Telkom’s Indigo will incubate gaming startups and developers by providing funding, guidance, mentoring, facilities and access to capital. Nuon will help promote gaming startup products and profiles through the Ina Digi Export platform. It will also help promote the Indonesian games industry abroad through the representative offices of the trade ministry.
"By collaborating with Indigo and the Ministry of Trade, we hope to increase the capabilities of game studios in Indonesia so that they not only reach the local market, but can enter regional and global markets,” said Nuon’s main director Aris Sudewo. "Hopefully we can carry out the work plan that has been prepared and make it easier.”
According to Fortune Business Insight data, the global gaming market value was projected to grow 12.9% year on year to US$281.7 billion in 2023, and is forecast to top US$665 billion in 2030.
The latest report from market research firm Niko Partners says PC and mobile games was on target to reach US$5.8 billion in 2023 in the “SEA-6 group” (Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam), with mobile gaming accounting for 66% of that figure.
Of that, Indonesia and Thailand account for a combined 46% of consumer game spending, while Indonesia and Vietnam account for a combined 66% of game players. Indonesia is also the fastest growing games market with a 9.9% year-on-year increase in gaming revenue.
Meanwhile, Telkom said 256 games have been created by Indonesian developers as of this month, making it the largest contributor of games on the Steam platform in Southeast Asia.
Didi Sumedi, girector general of PEN at the Ministry of Trade, said that the gaming industry must be innovative and adaptive to market situations. “We must be able to provide something that does not exist in other countries. For example, bringing many of our local wisdom stories into the game."