Local game developers noted that the target set by Presidential Regulation No. 19/2024 is too ambitious, and suggested a more gradual approach.
ocal developers are cautiously optimistic about their potential to overtake their foreign counterparts in the domestic gaming market as progress will be gradual.
The government wants local developers to command 70 percent of the domestic gaming market, as stipulated in presidential regulation No. 19/2024, which was issued in February to address challenges in the industry and to propel homegrown games.
The current reality is that around 99.5 percent of the game market in Indonesia is dominated by foreign entities, with local developers holding only a 0.5 percent of the market.
Adam Ardisasmita, CEO of local game development studio Arsanesia, stated that the target set by the government is sky-high, likening it to “reaching for the moon”.
He also noted that the regulation only laid out strategies for 2023 and 2024, and the work will need to continue beyond that.
“With such a target, we [should] work harder to fly high,” he told The Jakarta Post on Tuesday.
Adam, who is also vice president of the Indonesia Game Association (AGI), explained that the regulation was intended to be signed in 2022 after being drafted in the previous year, but it was only signed this year.
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