Saudi Arabia Embraces the World of eSports and Gaming
                     SAUDI ARABIA EMBRACES 
THE WORLD OF ESPORTS 
AND GAMING
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There is enough evidence that states Saudi Arabia has embraced technology and 
everything remotely connected to it passionately. The eSports business in the 
Kingdom has emerged as a result of this transformation, and it has recently 
demonstrated significant promise. According to Populous, the eSports industry will 
bring in nearly $1.5 billion in worldwide income in 2023 on a viewership of roughly 
646 million, with an estimated increase in investment of more than nine times that 
amount.
Thus eSports is said to be the growth driver for the Saudi Arabian Gaming and 
eSports sector by 2030, according to research by YouGov. By 2030, as opposed to 
2022, the gaming industry's contribution to Saudi Arabia's gross domestic product 
would have increased by roughly 50 times. This would be due to its expected 250% 
growth over the next eight years.
 A highly potential market!
Saudi Arabia has a sizable home market. Gaming especially eSports Gaming 
has developed significantly over the past several years due to the increased 
accessibility of digital infrastructure and the growing market penetration of 
mobile phones. About two-thirds of Saudis are under the age of 35.
There are 23.5 million passionate gamers in KSA, or around 67 percent of 
the population. Saudi Arabia offers a market full of already ardent gamers 
with great buying power because it is a young, highly developed nation. This 
helps explain why Saudi Arabia is the world's 19th-largest gaming market.
The Saudi Arabian Digital Content Council and its Ignite initiative have completely 
transformed the esports and gaming industries in the Kingdom as well. Globally, 
the gaming industry has grown significantly thanks to modern technology, which 
has made it possible to expand customer reach and create new games in response 
to demand.
According to a recent analysis by the Boston Consulting Group, gaming spending 
in Saudi Arabia, the largest economy in the Arab world, is expected to reach $6.8 
billion by 2030 and rise at a compound annual rate of 22% through that year.
The governor of Saudi Arabia's Communications and Information Technology 
Commission, Mohammed Saud Al-Tamimi, indicated that a sizable portion of 
the Saudi populace is avid gamers. Video, music, digital advertising, and 
gaming in Saudi Arabia are the main topics of the Ignite programme. The 
country has even authorized a $100 million fund for several business owners 
and developers through Ignite.
The National Gaming and eSports Strategy, which 
Saudi Crown Prince Mohammed bin Salman 
presented in September, outlines a comprehensive 
investment programme for the sector with the 
ultimate objective of making the country a 
worldwide gaming hub by 2030. Even the Saudi E-
sports Federation was established by Riyadh to 
promote the growth of the sector.
In order to support this expanding industry, KSA has also increased its internet 
services. In terms of broadband and mobile internet speed, Saudi Arabia ranks 
seventh among all nations. As gamers need high-speed mobile networks with 
enhanced and improved latency, it would further spur the growth of the 
economy ahead.
Why the sudden traction in the Middle East?
Mohammed bin Salman instructed the General Sports Authority of the 
kingdom to establish a fund to support sports activities in the nation in 
November 2016, which is when Saudi Arabia first made a strategic 
investment in sports and entertainment events. The fund's goals were to 
diversify the kingdom's holdings as part of Vision 2030, a plan to lessen 
Saudi Arabia's reliance on oil.
As part of the plan, the country also signed a 10-year, $650 million contract 
for a Formula One race, It invested millions in a Saudi International golf 
tournament, a long-term partnership with WWE, and the hosting of some of 
the biggest boxing bouts in recent memory, Saudi Arabia has since become a 
major sports event center on theeSports Gaming planet.
 Conclusion
The value of Saudi Arabia's gaming industry 
is one of the fastest-growing gaming 
marketplaces in the world. The video game 
and eSports industries have historically 
been dominated by markets in North 
America and Europe, but Saudi Arabia's 
cutting-edge telecommunications 
infrastructure, educated workforce, and 
quickly diversifying economy have deemed 
it to be a high potential market for growth.
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