Expecting expected growth for the revenue of the video game market in Saudi Arabia to $ 1.5 billion in 2025
Saudi Arabia is expected to witness growth in the revenue of the video game market this year to reach 1.5 billion dollars, with an annual growth of 10%, according to Boston Investment Group data.
The rise is supported by an increase in the number of players, huge government investments, and the expansion of digital infrastructure such as the fifth generation internet and cloud services.
Distribution of revenue
The mobile phone games market will lead the local market, with an expected revenue of $ 900 million and a growth of 60%.
While the revenues of BC and home appliances will reach $ 450 million, an increase of 30% annually.
With the rapid growth of cloud games supported by services such as GeForce Now, this type of games will be recorded at $ 150 million, with 10%rapid growth.
The driving factors for growth
Saudi Arabia is witnessing an increase in the number of players annually, as there are more than 23 million players (more than 60 % of the population), 50 % of them are female players, which opens opportunities to expand the scope of the target games.
Saudi Arabia is witnessing huge investments such as the Savy Games owned by the Public Investment Fund, which invests $ 38 billion in the sector locally and globally.
It also witnessed the launch of the events of competitions in electronic sports, such as the $ 70 million e -sports World Cup.
One of the factors driving growth is the launch of the Games and Electronic Sports area in Al -Qadiya as a global gaming center, as it was designed to turn imagination into reality.
The region will also extend over an area of 500 thousand square meters, with innovative designs, facilities for e -games lovers, training centers, and headquarters to host the largest games and electronic sports companies in the world.
The region will include 73,000 seats in several sports halls for electronic sports events, and interesting experiences designed to transfer players to an exceptional virtual world, where professional players and their fans meet in their own world.
