Market Insights

As per recent research by MarkNtel Advisors, The Saudi Arabia Online Gaming Market is projected to grow at around 7.85% CAGR during the forecast period, i.e., 2023-28.

Key Driver: Several Government Initiatives to boost 5G infrastructure in Saudi Arabia

The Kingdom of Saudi Arabia has the highest penetration of Internet users & gamers, making it the 19th largest online gaming market worldwide. With the increasing number of online gamers in the country, there exists a need to have a stable internet connection to minimize breakouts in gaming since the online gaming industry is slowly becoming one of Saudi Arabia’s prominent revenue generators. Moreover, technology, media, & telecommunications are the key pillars strengthening the objectives of Saudi Vision 2030.

To strengthen the internet infrastructure of Saudi Arabia, the Ministry of Communications and Information Technology is working toward expanding high-speed internet connectivity of more than 10 Megabytes per second (Mbps) across all rural areas by 2022 in order to stipulate online gamers to play games without any speed breakout for a better gaming experience.

Furthermore, new government agencies, such as the Saudi Data, Artificial Intelligence Authority (SAAIA), & its sub-entities, the National Center for AI, etc., are dedicated to advancing technology-enabled society & promoting the penetration of online gamers in Saudi Arabia. For instance, London-based satellite firm OneWeb is forming a joint venture with a NEOM Tech & Digital Holding Company to provide high-speed internet across Saudi Arabia.

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Market Segmentation and Consumer Behavior:

By Platform Type

  • Gaming Console
  • Smart Phone/ Tablet
  • Virtual Reality
  • PC
  • Streaming
  • Others (Television, Web Browser, Arcade, etc.)

By Game Type

  • Sports Games
  • Racing Games
  • Adventure & Action Games
  • Strategy Games
  • Others (Role-Playing Games, Card Games, etc.)

By Revenue Model

  • Free Online Gaming
  • Paid Online Gaming

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Key Players and Competitive Strategies in the Saudi Arabia Online Gaming Market

Several prominent players dominate the Saudi Arabia Online Gaming Market, including:

  • Sony Corporation
  • Microsoft Corporation
  • Apple Inc.
  • Google LLC (Alphabet Inc.)
  • Electronic Arts Inc.
  • NetEase Inc. Ltd.
  • Tencent Holdings Ltd.
  • Nintendo
  • Ubisoft Entertainment
  • Square Enix Co., Ltd.
  • Blizzard Entertainment, Inc.

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Questions Addressed in this Study

1.What factors are driving the Saudi Arabia Online Gaming Market growth?

2.How is the Saudi Arabia Online Gaming Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Saudi Arabia Online Gaming Market?

4.What is the current size of the Saudi Arabia Online Gaming Market, and how is it projected to change in the future?

5.What is the future outlook for the Saudi Arabia Online Gaming Market in terms of technological advancements and market expansion?

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