Saudi Arabia Electronic Games Market to Grow with a CAGR of 15.8% through 2030
The
Saudi Arabia electronic games market is driven by rapid digital transformation,
a young tech-savvy population, and expanding online distribution channels, supported
by government initiatives and increasing demand for localized and immersive
gaming experiences.
According to
TechSci Research report, “Saudi Arabia Electronic Games Market – By Region, Competition, Forecast & Opportunities, 2030F”, Saudi Arabia Electronic Games Market was
valued at USD 4.59 Billion in 2024 and is expected to reach USD 11.06 Billion
by 2030 with a CAGR of 15.8% during the forecast period. The Saudi Arabia electronic games market is
experiencing robust growth, driven by several key factors, including a young
and tech-savvy population, increasing internet penetration, and rising
disposable incomes. The country’s demographic profile, with a significant
portion of the population under 30, has created a strong demand for gaming
content, particularly mobile and online games. Government initiatives, such as
the Saudi Vision 2030, are also playing a pivotal role in fostering the gaming
industry by promoting digital transformation and diversifying the economy away
from oil dependency. The rise of eSports and competitive gaming has further
fueled market growth, with Saudi Arabia hosting international tournaments and
investing in gaming infrastructure, positioning itself as a regional hub for
gaming and entertainment. Additionally, the proliferation of affordable
smartphones and high-speed internet has made gaming more accessible to a
broader audience, while advancements in cloud gaming and virtual reality are
opening new avenues for immersive gaming experiences.
However, the
market faces several challenges that could hinder its growth. One of the
primary obstacles is the high cost of gaming hardware, such as consoles and
high-performance PCs, which limits accessibility for some consumers. Regulatory
challenges, including content restrictions and censorship, also pose a barrier
to the availability of certain games. Furthermore, the market is highly
competitive, with both international and local players vying for market share,
leading to pressure on pricing and profitability. Despite these challenges, the
market’s potential remains significant, driven by ongoing technological
advancements, increasing consumer interest in gaming, and supportive government
policies. As the industry continues to evolve, addressing these challenges will
be crucial for sustaining long-term growth and capitalizing on the
opportunities presented by this dynamic and rapidly expanding market.
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"Saudi Arabia Electronic Games Market.”
The Saudi Arabia
Electronic Games market is segmented into platform, player, distribution
channel, region and company.
Based on
distribution channel segment is categorized into online and offline channels.
Online distribution channels dominate the market, driven by the convenience of
digital downloads, in-app purchases, and subscription-based gaming services.
Platforms like Apple’s App Store, Google Play, and Steam have revolutionized
the way games are distributed, making it easier for consumers to access a wide
variety of games instantly. The rise of cloud gaming services, such as Xbox
Cloud Gaming and NVIDIA GeForce NOW, has further strengthened the online
distribution channel by allowing gamers to stream high-quality games without
the need for expensive hardware. Offline distribution channels, including
retail stores and physical game sales, remain relevant but are gradually losing
market share to online platforms. Offline channels are primarily used for
purchasing physical copies of console games and gaming hardware. However, the
convenience and cost-effectiveness of online platforms have made them the
preferred choice for most gamers. The fastest-growing distribution channel is
online platforms, driven by the increasing adoption of digital gaming, the rise
of mobile gaming, and the growing popularity of cloud gaming services. The
shift towards online distribution is expected to continue as internet
connectivity improves and consumers increasingly prefer digital over physical
purchases.
Based on region,
the Eastern region, home to cities like Dammam and Khobar, is emerging as the
fastest-growing region in the electronic games market. This growth is fueled by
the region's economic diversification efforts, increasing disposable incomes,
and a young, tech-savvy population. The Eastern region is also witnessing
significant investments in entertainment and technology infrastructure,
aligning with the Saudi Vision 2030 goals. The proximity to other Gulf
Cooperation Council (GCC) markets further enhances its potential as a growing
gaming hub. Moreover, the region's focus on fostering local talent and hosting
gaming events is attracting both players and developers, contributing to its
rapid expansion.
Major companies
operating in Saudi Arabia Electronic Games market are:
- Sony Corporation
- Microsoft
Corporation
- Apple Inc.
- Google LLC
(Alphabet Inc.)
- Electronic Arts
Inc.
- NetEase Inc.
Ltd.
- Tencent Holdings
Ltd.
- Ubisoft
entertainment
- Square Enix Co.
Ltd.
- Blizzard
Entertainment Inc.
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“In
recent years, social gaming
has become a prominent trend in Saudi Arabia, driven by the desire for
connectivity and shared experiences. Multiplayer games, such as Fortnite, Call
of Duty: Warzone, and Among Us, have gained immense popularity,
as they allow players to interact with friends and strangers in real-time. The
rise of social gaming has also been fueled by the integration of voice chat,
live streaming, and social media features, enabling gamers to build communities
and share their experiences. Platforms like Discord and Twitch are widely used
by Saudi gamers to connect, collaborate, and showcase their skills.
Additionally, the COVID-19 pandemic highlighted the importance of social
interaction in gaming, as people turned to online games to stay connected
during lockdowns. This trend is expected to continue, with developers focusing
on creating more community-driven and socially engaging gaming experiences“, said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
Saudi Arabia
Electronic Games Market, By Platform (Smartphones, Tablets, Laptops, Console
Games, Portable Gaming Devices), By Player (Single player, Multi-player), By
Distribution Channel (Online, Offline), By Region & Competition, Forecast
& Opportunities, 2020-2030F”, has evaluated the future growth
potential of Saudi Arabia Electronic Games market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the Saudi Arabia Electronic Games market.
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