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Growth, challenges and future opportunities in the Nordic games market

August 21, 2025
in Mobile
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Uncover key drivers of progress and challenges within the Nordic video games trade, in line with main consultants.
“Robust expertise pool, supportive ecosystem and public funding” are a number of the elements making the Nordic area attention-grabbing to builders.

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Signal Up In the present day

Recreation sector sentiment has modified significantly through the 11 years by which the Pocket Gamer Connects Helsinki convention has been working. 
As soon as dubbed a world chief, the Nordic video games trade hasn’t been exempt from the worldwide pattern of layoffs, studio shutdowns and lack of investor curiosity. 
But when there’s one thing the area is understood for, it’s resilience, creativity and its progressive spirit.
So forward of PG Connects Helsinki’s twelfth anniversary on October Seventh-Eighth, we’ve requested a number of trade consultants, who’re talking on the occasion, to share their tackle the state and significance of the Nordic video games market.
The facility of collaboration and innovation
Erla Gunnhildardóttir, the CEO at Figures – an organization serving to sport studios align their monetary technique with progress targets – says that working with trade leaders like Iceland’s CCP Video games and Finland’s Supercell has given her “a deep appreciation for the Nordic mindset and dealing tradition”. She says their “collaborative and clear enterprise tradition permits for speedy adaptation and the form of strategic progress that’s important for achievement in a fast-paced trade”. 
Veli-Pekka Piirainen, the founder chairman of the board of sport studio Crucial Drive, describes the Nordic video games market, and Finland particularly, as attention-grabbing resulting from its “sturdy expertise pool, supportive ecosystem and public funding”. 
“Nordic studios have at all times had an outsized impression. It is a hub that has set many world traits and, along with superb sport studios, additionally homes world-class sport tech and advertising corporations.”Henri Lindgren
Primarily based in Helsinki and Kajaani, Crucial Drive was based on the peak of the free-to-play cellular video games market in 2012, with the purpose of making multiplayer cellular shooter video games. Equally to Gunnhildardóttir, Piirainen thinks the Nordic sport sector’s world affect comes all the way down to “groundbreaking concepts and profitable studios”, lots of whom are born from native expertise.
As for the impression of innovation, Henri Lindgren, the founder and CEO at Kokoon Video games, thinks it’s one of many largest alternatives and strengths, not simply to his personal studio, however to all the area.
“Our energy is not about pushing one other match-3 sport on the market – it is about discovering one thing new, one thing distinctive that will resonate with the target market, and executing that with the best high quality,” he says.

“Normally, I really feel Nordic studios have at all times had an outsized impression. It is a hub that has set many world traits and, along with superb sport studios, additionally homes world-class sport tech and advertising corporations – equivalent to Metaplay and Geeklab right here in Helsinki”.
Primarily based in Helsinki, Kokoon Video games makes multiplayer social gathering video games with the ambition of bringing individuals collectively. Lindgren regards Finland’s success because of the federal government’s “good assist system to spice up early stage corporations,” along with its “expertise pool, collaborative dev tradition, innovation and a legacy of worldwide profitable sport corporations”.
Challenges and alternatives
Previous success apart, with regards to figuring out the primary challenges in at the moment’s sport trade, Lindgren says it’s “clearly discoverability – chopping via noise in an more and more saturated market”.
Piirainen additionally mentions market saturation, amongst different hurdles equivalent to “excessive UA prices, consolidation of corporations, and rising competitors coming from China.” Add to that “platforms like TikTok” and huge corporations scaling up, “making it more and more troublesome for smaller builders to enter the market efficiently”.
Because the trade evolves, “the stress to ship progressive content material whereas retaining a deal with on financials is intensifying,” says Gunnhildardóttir. She pinpoints sustainability at scale – “rising rapidly whereas sustaining high-quality gameplay, inventive output, and a wholesome firm tradition” – as a key problem for a lot of studios. 
Trying ahead, each Piirainen and Gunnhildardóttir take into account AI the largest alternative for the trade. 
Extra notably, Piirainen highlights the potential to make “improvement simpler with AI, and allow new types of in-game AI-driven options”. In the meantime, Gunnhildardóttir foresees an increase in AI-powered instruments. “Recreation studios that leverage knowledge analytics to raised perceive participant behaviour and operational effectivity are positioning themselves for long-term success,” she says. 
In fact, the opposite essential element for achievement is “integrating monetary planning and technique with sport improvement”, which she says permits studios to “scale sustainably with out sacrificing creativity”.
“The Nordic gaming group has at all times been an inspiration for me, and I sit up for connecting with fellow trade leaders, traders, and founders.”Erla Gunnhildardóttir
Eager to share her perception to assist sport corporations scale effectively, Gunnhildardóttir says she is wanting ahead to connecting with fellow trade leaders, traders, and founders at this yr’s PG Connects Helsinki. “The Nordic gaming group has at all times been an inspiration for me, and I sit up for connecting with fellow trade leaders, traders, and founders.”
Lindgren calls PG Connects Helsinki “the right sized occasion and a discussion board the place the worldwide meets the native.” To him personally, it additionally provides an opportunity to “be taught and contribute to the dialog about what’s subsequent in video games and to share what we’ve accomplished and discovered thus far constructing Kokoon.”
Tickets are actually out there for Pocket Gamer Connects Helsinki on October Seventh to Eighth. Guide yours at the moment.



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Tags: ChallengesFutureGamesgrowthMarketNordicOpportunitiesPocket Gamer Connects Helsinki 2025Road to HelsinkiThe Nordics
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