In a recent development, Pakistan’s gaming and animation sector has surged past the $200 million mark in annual revenues, propelled by over 40 large studios churning out top-notch content. While the industry has flourished through outsourced projects and international collaborations, a conspicuous roadblock looms large: the absence of locally-consumed content.
Despite a burgeoning youthful population and an upswing in digital literacy, the local industry faces challenges in capturing the domestic market’s attention. The crux of the matter lies in the industry’s limited focus on nurturing local intellectual properties (IPs). Industry insiders unanimously acknowledge this hurdle, underscoring the urgent need to pivot towards the creation and popularization of homegrown content.
Although some studios contend that there’s a lack of demand for local IPs, neighboring India’s success stories tell a different tale. Cultural sensations like ‘Chota Bheem’ exemplify the latent demand for relatable, culturally infused content. Pakistan’s gaming industry finds itself at a crossroads, grappling with the dearth of local IP development hindering the transformation of popular TV and film content into immersive gaming experiences.
The industry is caught in a conundrum resembling a chicken-and-egg scenario, as studios hesitate to invest in local IPs due to perceived low demand, while the market struggles to generate demand owing to the scarcity of available content. Drawing parallels with India, where private-sector support played a pivotal role in the industry’s growth, Pakistan is taking strides to emulate this success. Initiatives like the Center for Excellence in Gaming and Animation (CEGA) are at the forefront, offering cutting-edge facilities and training to foster economic growth.
Despite the challenges, advocates for local IPs, such as the Creative Pakistan forum, stress the imperative of holistic value creation. Recognizing the significance of culturally relevant IPs becomes paramount in stimulating local demand and reducing dependence on outsourced services. Armed with initiatives and a wealth of talent, Pakistan stands on the cusp of a transformative leap in the gaming and animation landscape.