Gaming Industry in Singapore

I admit... I am a game fanatic myself. =P

Having bought a PS3 when its game library is still so limited. Yes... have you spark this opportunity? There are many powerful game machines to date today, say Xbox360, Wii, PSP, PC and such... But just not enough games to serve the world community! And yes, Powerful games to utilize the HD, Blue-ray technologies of TV and the huge memory of flash disc drives.

I think we need more game wars in oppose to console wars.

Analysts have estimated that the global games industry will reach US$55.6 billion by 2008. Of this, the Asia-Pacific online games market alone - valued at US$630 million in 2003 - is projected to hit a staggering US$7.5 billion in 2008.

Singapore certainly hopes to capture its share of the global games pie with its business-friendly environment, global telecommunication connectivity, strong intellectual property laws.

Talent is key to this industry; EDB has already forged training partnerships with some of the strongest names in the games business. Over the last two years, more than 50 individuals have benefited from training stints in companies like Koei, Sega and Capcom in areas such as games development, graphic design and animation for games.

However, I believe that startups in game development can stand head to head with this mega companies. They could start by taking in small outsource projects and develop in-house segments for these companies and in the same time develop their own game titles. A simple, highly addictive game can be made without huge resources but it must be playable of course.

Its time for Singapore to have a mega gaming company, that it calls its own. We have Creative zen players vs Apple Ipods. How about one that can complete with EA, Rockstar games or KOEI?

The world is ready for the next stage of future gaming, are you ready?