Cyprus has Europe’s second smallest video game market, report shows
A European audiovisual observatory report ranks Cyprus 35th of 36 European countries for video game spending, with mobile platforms accounting for about 98 per cent of the total.
Nicosia, Cyprus. Only Malta has a smaller video game market than Cyprus among the 36 European countries analysed, according to a report released on Tuesday by the European audiovisual observatory.
Spending levels
Consumers in Cyprus spent €12.51 million on video games last year, placing the country 35th out of the 36 covered by the study. Malta was the only country below it, at €8.31 million.
With a population of roughly 1.26 million, this works out at €9.93 per person in Cyprus. The European average stood at €47.29 per person, close to five times the Cypriot figure.
Taken together, the 36 countries generated a video game market worth €27.73 billion in 2025.
Dominance of mobile gaming
The report groups Cyprus with Luxembourg and Malta as small European markets in which mobile gaming prevails. In Cyprus, about 98 per cent of consumer spending last year was tied to mobile platforms.
According to the report, these markets are marked by heavy smartphone usage, while traditional consoles and PCs have only a limited presence in the recorded data. Revenue there comes chiefly from in-game purchases and digital currencies.
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