2. Intro Market Characteristics Market Analysis Opportunities Challenges
Outline
Vietnam Game Market Research
Characteristics of game market in Vietnam
Vietnam Game Market Analysis
• Market size and growth rate
• Market trends
• Profitability
• Major publishers and producers in Vietnam
• Key success factors
Opportunities for game publishers in Vietnam
Challenges to game publishers
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3. Intro Market Characteristics Market Analysis Opportunities Challenges
Main characteristics of Game Market in Vietnam
A new but an exciting market for game industry
Revenue in 2013: US $ 243M
6th largest market in Asia after China, Japan and Taiwan
Forecast growth to 2017: 50-10% in revenue, reach 20M gamers.(Nikko Partners)
80% of revenue from Chinese and Korean game, published by Vietnam company.
4 key players: VNG (Vinagame), Garena, VTC and FPT
Booming market for Mobile games due to smartphone and internet users growth.
2013 is the year of awaking smartphone games – Flappy Bird phenomenon
Local games producers are still struggling to compete with imported games, licensing
issues and copy rights infringement.
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Market Size and Growth Rate
Forecast revenue of 2014: US $280M
Forecast active gamers to reach 20M in 2017
Mobile online game is the most excited segment
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Market Trends
Game Mobile online will be the future trends for Game Market in Vietnam
Role Play Games (RPG) dominants
Most of the revenue comes from SRPG type
GMO revenue is forecasted to grow rapidly, especially
on smartphone games
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Profitability
RPG games are the most profitable genes with 60% of revenue
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Profitability
Top 5 MMORPG by monthly revenue
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Major Publishers
Teammobi
Successful games: KPAH online, Mobi Army, Avatar Online
CMN Online
successful games: Mãnh Tướng, Phong vân truyền kỳ, iBoom,
Thiên Địa Quyết
VTC Mobile
successful games: Ngũ Đế online, Hoàng Đế online, Kiếm hiệp, Au Mobile
Mecorp
successful games: Mãnh thú online, Gopet online,
Khan mobile, Thiên Thần Truyện
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Key Success Factors
High quality games is a must
Aesthetic characters designs also helps to win player’s heart
Contents or game story is important to retain player
Localization of imported games is important to its success
Be cautious in promoting media
Intractability between gamers within game is the key to build game eco-system
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Opportunities for Publisher and Producer
Internet users market is forecasted to saturate in 3-5 years, will reach 50M users in
2017
Booming in cheap smartphones and 3G, foster the accessibility of users and the
growth of mobile online games
Local government have a more friendly look at online mobile game than before
Game communities (Facebook group, forum) is the best channel for promoting and
retaining game player
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Challenges to game publisher and producers
Illegal cloning and game character copy rights are the main challenges
Very high cost of payment gateway also hampers publishers
Shortage in talents for local game producers
Games censoring and license for shooting games are also the challenge for game
publishing company
Important distribution channels are still depending on Google and Facebook ads
Tough competition from imported games from China
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