You might not instantly think of South Korea when you think about the Korea video games industry. But let me tell you something, my friend: the gaming industry has been subtly being taken over by the Land of the Morning Calm. And it’s not only because they have the highest rate of global broadband penetration (although that certainly helps). No, it’s because the Korean government has invested much in this sector, and it’s paying off handsomely.
Everything began in 2008 with the founding of the Korea Creative Content Agency (KOCCA). The primary objective of this government-funded company is to encourage the development and export of South Korean creative content, particularly video games. And they have been doing a fantastic job. Korean game developers have been able to produce some incredibly great fun thanks to their financing and assistance.
But more than simply government assistance is helping to raise the bar for the Korean video game sector. Another critical factor has been the development of online gaming. So it’s not surprising that some of the world’s most well-known massively multiplayer online games (MMOs), such as Lineage and World of Warcraft, were created in South Korea, given the country’s sizable online gaming population.
Not to mention, there’s also mobile gaming. Mobile games have grown to be a significant source of revenue for the industry as more and more people use smartphones. And it’s not just the major competitors, like PUBG Mobile, who are reaping the financial benefits. Mobile games like “Lineage M” and “Black Desert Mobile,” developed by smaller Korean studios, have also become popular.
The robust technological sector is likely the Korean video game business’s most significant advantage. Since South Korea is a global leader in information and communications technology, its game creators can produce games that are of a high level of craftsmanship and visual appeal and can compete with those from other significant game-producing nations.