Sri Lanka to host first edition of SiGMA South Asia in 2025
27 August 2024
(PRESS RELEASE) -- It was only a matter of time before South Asia, home to over 25% of the world’s population, will have its inaugural big gaming summit: SiGMA will launch a new event for the South Asian markets in Sri Lanka. The summit is set to take place between 30 November and 2 December 2025, in Colombo.
A billion dollar market driving huge growth potential
With South Asia representing a quarter of the world’s population, Sri Lanka is set to redefine gaming for the region. Sri Lanka’s tourism sector already contributes $4.4 billion to its GDP. By the financial year 2023, India’s gaming market had surged to an impressive 3.1 billion U.S. dollars, marking it as one of the fastest-growing segments within the Indian media and entertainment sector.
Digital Gaming on the rise in South Asia
With a robust CAGR of 20 percent, industry reports forecast that this market could exceed 7.5 billion U.S. dollars by the financial year 2028. Coupled with the projected growth in the Mobile Games segment, where India is expected to lead with 239.63 million users by 2027, the future of gaming in India looks exceptionally promising, showcasing its rapid expansion and market dominance in the region. With internet penetration in India now at approximately 50% and online gaming on the rise across the region, the opportunities are endless.
Pakistan also continues to navigate an increased appetite for gambling, with the industry expected to grow at a CAGR of 6.4% during 2020-2026, and reach USD 0.51 billion by 2026. Increased internet penetration, a young population of 64%, rising income, and the fast adoption of mobile payment systems all point to new growth to come from this upcoming market. As of 2023, Pakistan had 257 game development companies and 300 gaming studios – a PwC report indicates the country´s video and mobile gaming market could see an expansion of 21.9%.
South Asia´s first integrated resort to launch 2025
In 2025, the nation will open its first integrated resort, marking a historic milestone that positions Sri Lanka – and the entire region – on the global gaming map. And with groundbreaking draft legislation to establish a regulatory body, Sri Lanka is leading the charge for a well-regulated, vibrant gaming market.
SiGMA South Asia to welcome 5,000 delegates
An estimated 5,000 delegates are expected to turn up to SiGMA South Asia´s 2025 event, with an expert-led speaker lineup featuring over 150 industry authorities, including government officials, regulators, and representatives from South Asia’s leading gaming and land-based companies.
The event will see additional participation from 800+ affiliates and an expo floor boosted by tier one companies from the region’s top 10 companies, promising an unmatched experience for networking and business.
From Colombo to Bangkok
The dates for the SiGMA South Asia and the Affiliate World events are perfectly aligned, allowing delegates to maximize their experience in South Asia. Starting with SiGMA in Colombo on Monday, December 1st and Tuesday, 2 December, operators or studios seeking traffic can then easily and quickly fly to Bangkok on Wednesday, 3 December, just in time for the first day of Affiliate World on Thursday, 4 December. This schedule offers a unique opportunity to attend both leading industry events in one streamlined trip.
Networking opportunities are abundant, with a prestigious gala awards ceremony opening the event, as well a charitable auction in support of the Foundation – SiGMA´s charitable arm overseeing a number of global projects and fundraising activities, such as a skill building centre for women in Ethiopia, and a multi-sensory hall for children in Bataan, Philippines. Delegates will also have a chance to strengthen new relationships through a number of no-expense-spared dinners catering to a C-Level crowd. Things come to a close with an official party.
Why Colombo?
Situated on the west coast of the island, just south of the Kelani River, Colombo´s thriving financial hub makes it a prime business destination. Connected through multiple flight routes, Sri Lanka offers a gateway to top ranked local and global companies and leading talent. With a total investment value of $500 million, the Colombo International Financial Centre (CIFC) is the flagship development project of the Colombo Port City Special Economic Zone and an extension of Sri Lanka´s Central Business District. Popularly known as the garden city of the West, state-of-the-art infrastructure meets a diverse and lush cultural landscape.
Join us at the forefront of this transformation and witness an experience that will set new standards in the industry and put the country firmly on the map as a premier gaming destination. Register your interest as a delegate, sponsor, or exhibitor through our website.
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