The Spanish government decided to boost the amount invested in video games and the metaverse to €8M ($8.51M) to develop the digital creative sector.
The Spanish Ministry of Culture announced in December 2022 an increase of 700% in the funding for this area in 2022 and 2023.
- The plan also includes preserving video games of cultural significance in the National Library of Spain.
- The Spanish gaming market reported €1.8M in revenue in 2021.
- There are around 30 million gamers across Spain.
- Spain predicts the market to reach €2.3B by 2024.
- In 2022, Novarama, a Barcelona-based company, reported that the Chinese firm Tencent had bought a stake in the Spanish company.
