Montreal International Game Summit comes to Marché Bonsecours in November 2023

On 8-9 November 2023, the Montreal International Game Summit, or MIGS 2023, takes place at Marché Bonsecours, 350 St Paul Street East in Old Montréal. The event is celebrating its 20th anniversary this year and is much anticipated in the gaming calendar. It’s aimed at video game studies that are ready to enter the export market and reach an international audience.

Also expected to attend MIGS 2023 are gaming associations, individuals in the industry, and related organizations. The event is happening at a time when the Canadian gaming industry is in a healthy position.

Canadian gaming is experiencing a period of growth

Revenue in the Canadian gaming industry is expected to reach US$5.20bn in 2023. It’s then expected to increase at a compound annual growth rate (CAGR) of 8.66% between 2023 and 2027, resulting in a figure of US$7.25bn by 2027.

Further evidence of the healthy position of the industry can be seen from the fact that the user penetration rate is expected to reach 33.5% in 2023 and increase to 35.9% by 2027.

The positivity continues into specific gaming sectors, such as commercial gaming. This type of gaming involves sites that provide casino games, including online slots and table games. According to statistics obtained from Canadian gambling sites at JustGamblers, this industry is quite popular in Canada. 

The commercial gaming market is expected to achieve a value of US$2.31bn in 2023. Further growth is expected, with an anticipated CAGR of 8.57% between 2023 and 2027, resulting in a projected market value of US$3.21bn by 2027.

These encouraging figures for commercial gaming and the Canadian gaming industry overall show that this is a good time for those attending MIGS 2023 to develop their position in gaming.

What to expect at MIGS 2023

There is every opportunity for individuals, studios, and other relevant organizations to build on their position in the Canadian gaming industry by attending MIGS 2023. The event attracts creators, publishers, distributors, and investors from across the globe. This gives those attending the opportunity to:

● Network on a B2B basis and develop international markets.

● Attend panels and masterclasses led by eminent professionals in the gaming industry.

● Visit an exhibition space with exhibits promoting cutting-edge goods and services.

At the last event, more than 50 Canadian businesses made successful connections with international buyers from countries including Germany, France, Brazil, Mexico, and the United States. The organizers expect that MIGS 2023 will be even more productive for attendees.

In order to make this happen, the Trade Commissioner Service (TCS) will coordinate a successful program that matches Canadian creatives with International attendees with whom they can develop a business relationship.

This is one of many potential benefits available to attendees at MIGS 2023. Other advantages include:

● Gaining valuable insights into current industry news and trends.

● Networking with major industry players, including buyers, investors, and potential partners.

● Pitching to a selected audience.

● Accessing comprehensive assistance from the TCS.

There is no doubt that MIGS 2023 is an exciting event within a Canadian gaming industry that is flourishing. It presents an opportunity for top Canadian talent to develop valuable international relationships and promote the Canadian industry globally.