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Explore the latest trends and actionable insights on the Global Gaming market to inform business strategy and pinpoint opportunities and risks

Top 3 Countries in Video Gaming Segment from Middle East and Africa Region: Industry Overview

Video gaming is one of the fastest-growing sectors in the industry. This segment was among the few businesses that thrived during the outbreak of the COVID-19 pandemic. The video game industry includes the creation, promotion, and monetization of video games. Video gaming comprises different modes of gaming, including console gaming, mobile gaming, and PC gaming.

Moreover, the roll-out of 5G/High-speed internet services globally has aided the growth of the video gaming segment. Key markets from Middle East and Africa Region include Saudi Arabia, South Africa, and United Arab Emirates.

The market size of video gaming in Saudi Arabia reached a value of $1.1 billion in 2021.

Saudi Arabia has been consistently a market leader in the video gaming segment from the Middle East and Africa region with a share of 52% of the region’s market value.

The video gaming market in Saudi Arabia grew by 27% in 2021 as the demand for video gaming increased following the shutdown of outdoor games owing to the pandemic and people globally spent most of their time at home due to the lockdowns.

Followed by this United Arab Emirates ranks as the second largest player in the video gaming market from the region accounting 22% to the region’s market size in the video gaming segment.

Meanwhile, South Africa ranks at third spot in the video gaming from the Americas region with a share of 15% to the region’s market share.

As it was one of the few industries which had a positive effect due to the pandemic and the video gaming industry was one such industry that saw a rise in consumption. The consumption of video gaming was further aided by growth in the increased internet penetration.

The major companies that have a strong presence in the video gaming market include Tencent, Minecraft, Ubisoft and Sony.

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