Connect with us

Hi, what are you looking for?

India Times PostIndia Times Post

MENA Gaming

MENA Games Market Surpasses $7 Billion in Revenue

There is no denying the boom of gaming and streaming in the MENA market, with marked growth in the Middle East and North Africa territory and showing it is one of the fastest growing markets in the world with no signs of slowing down.

Now, a new report shows just how impactful the market has been and illustrates some of its monumental success.

According to Newzoo’s Games Market Report and Forecast, the global market reached a total of $184 billion in revenue in 2023, representing a 0.6% growth year-over-year, but the MENA region particularly enjoyed a 4.7% rise in revenue to $7.1bn Y/Y for the same period and now accounts for a 4.7% share of total revenues globally.

Additionally, Newzoo predicts that global revenues are projected to reach $205.4 billion in 2026 and could potentially lead to a market value for the MENA region in the neighborhood of $10 billion sometime in the next few years.

The MENA gaming market is certainly booming, and a story to continue to follow in the future.

You May Also Like

MENA Gaming

Krafton has officially unveiled their new India-themed mobile game called Garuda Saga, developed as part of their collaboration with Alchemist Games (based in South...

MENA Gaming

Animoca Brands has officially entered into a Memorandum of Understanding (aka MOU) with King Abdulaziz City for Science and Technology (KACST) for a partnership...

MENA Gaming

Carry1st, Africa’s premier game publisher company, has officially entered a partnership with Electronic Arts in an effort to fuel expansion within FC Mobile in...

MENA Gaming

SuperGear Games, the popular mobile game studio, has officially tapped industry veteran Frank Sagnier, who boasts over two decades of industry experience, as their...