DUBLIN, August 11, 2021–(BUSINESS WIRE)–The “Middle East Gaming Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.
The Middle East Gaming Market is expected to grow at a CAGR of 12.1% during the forecast period 2021-2026.
With the recent outbreak of COVID-19, the gaming market in the region is expected to witness significant growth, owing to an increased usage of online gaming services. Various gaming vendors in the market studied are expected to focus on increasing their user base during this period and surging returns post COVID-19 scenarios, owing to which vendors are offering benefits, offers, and waiving off their fees on the use of their services.
The gaming industry is proliferating in the United Arab Emirates, with rising interest and investment in locally developing homegrown talent and games. In terms of spending, it is a very diverse region. It is expected that the average gamer in the country spends USD 115 per year.
Additionally, the growing penetration of smartphones and online gaming is a key factor driving the growth of the market. The growing development of AR-based apps and games is expected t create market opportunities over the forecast period.
The government of the country is also heavily investing billions of dollars in theme parks and the amusement space. So, as a Saudi entertainment industry stakeholder, trade visitors can attend dedicated conferences to gain knowledge and wealth of experience and get a hands-on technology experience at its innovative best.
Saudi Arabia set up a new charity e-sports event to raise money to fight the COVID-19 outbreak with a USD 10 million prize fund. The competition comes as the COVID-19 outbreak keeps people at home, shuts down businesses, and restricts travel to a minimum. This may unite and connect the global gaming community in response to COVID-19. With around 70% of the country’s population under 30 years and approximately 20 million gamers or gaming enthusiasts, the market is expected to witness growth over the forecast period.
Key Market Trends
Smartphones is Expected to Hold the Significant Market Share
Smartphone gaming has increased in the past couple of years. In UAE, mobile gamers play an average of 20 to 40 minutes of video games a day (source: AdColony). This increasing demand for mobile games is a direct result of various technological advancements such as AR, VR, cloud gaming, 5G. This trend is not surprising considering the mobile game industry primarily relies on new technology. Another trend in the market includes the rise of the hyper-casual game genre.
AR is becoming perfect for mobile gaming, owing to its immersive and interactive nature of technology. Moreover, mobile games are the most popular AR category in app stores. Apart from previously released AR mobile games that are still popular, such as Pokemon Go and Ingress, multiple new additions to the genre are being made by players in the market such as Harry Potter: Wizards Unite and Minecraft Earth.
In August 2020, OPPO, a global smartphone brand, partnered with Dubai Summer Surprises to create a gaming extravaganza for the youth. The challenge was developed to engage gamers in the country with a uniquely designed, socially distant gaming arena at Mall of the Emirates.
Dubai Media City also announced that it will launch a new Instagram Live series called GAME_ON, in collaboration with ON.DXB, which will feature regular video game development workshops. Al-Natsheh’s workshop will comprise 3D modeling, rigging, animation, sound engineering, VR, and tips for developers in the United Arab Emirates to further their careers.
Adoption of E-Sports Betting and Fantasy Sites Drives the Market
E-sports are witnessing substantial market demand in the current market scenario, and they are, thus, driving the overall gaming industry across the middle east. The entire e-sports market is expected to grow over the coming years.
Working with the Saudi Telecom Company, Activision introduced dedicated servers – hosted in Riyadh and Jeddah – for Call of Duty in the region. Moreover, Riot Games, the company behind League of Legends, followed suit with Middle East servers for the game Valorant, in October 2020.
More recently, Kuwaiti telecoms provider Zain Group – which has 50 million customers across MENA – launched a new eSports brand, Zain Esports, with the aim of building a calendar of regional online eSports tournaments.
As part of this growth, Dubai plans to build a dedicated eSports stadium, and the South Korean-based International Esports Federation (IESF) signed an MoU with the UAE’s Motivate Media Group, as part of their plans to expand eSports in the Middle East.
The Middle East Gaming market is moderately competitive and consists of a significant number of global and regional players. These players account for a considerable share in the market and focus on expanding their client base across the globe. These players focus on the research and development activities, strategic alliances, and other organic & inorganic growth strategies to stay in the market landscape over the forecast period.
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Assessment of COVID-19 Impact on the Gaming Industry
4.3 Market Drivers
4.3.1 Presence of young & millennial consumers
4.3.2 Adoption of Gaming Platforms, such as E-sports Betting and Fantasy Sites
4.4 Market Challenges
4.4.1 Issues, like Piracy, Laws and Regulations, and Concerns Relating to Fraud During Gaming Transactions
4.5 Porters Five Force Analysis
4.6 Industry Ecosystem Analysis – Game Publishers, Technology & Network enablers, Customers & Stakeholders
5 CLOUD GAMING LANDSCAPE IN MIDDLE EAST
5.1 Current market scenario
5.2 Analysis of Addressable Market for Cloud Gaming in Middle East
5.3 Major Cloud Gaming stakeholders in Middle East
5.3.4 Nvidia (GeForce)
5.3.5 Google Stadia
5.4 Assessment of the major factors expected to influence the adoption of Cloud Gaming Market in Turkey
5.5 Market Outlook
6 MARKET SEGMENTATION
6.1 By Platform
6.1.1 Browser PC
6.1.4 Gaming Console
6.1.5 Downloaded/Box PC
6.2 By Country
6.2.1 United Arab Emirates
6.2.2 Saudi Arabia
6.2.6 Rest of the Middle East
7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Sony Corporation
7.1.2 Microsoft Corporation
7.1.3 Apple Inc.
7.1.4 Google LLC (Alphabet Inc.)
7.1.5 Electronic Arts Inc.
7.1.6 NetEase Inc.
8 INVESTMENT ANALYSIS
9 FUTURE OF THE MARKET
For more information about this report visit https://www.researchandmarkets.com/r/aom1k2
View source version on businesswire.com: https://www.businesswire.com/news/home/20210811005456/en/
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While some students see summer break as a chance to step away from school and enjoy time off, a few Weston Middle School students decided to spend six days of their summer continuing their learning in the sciences at an Envision Explore STEM summer camp.
Sixth grader Nathaniel Cox, sixth grader Branson Rabb and eighth grader Mason Matye participated in a Denver, Colorado, camp, while sixth grader Alethea Bond participated in a San Jose, California, camp.
The Explore STEM camp is one in Envision’s series of National Youth Leadership Forum camps. Envision camps focus on career exploration and are aimed at exposing students to different potential career paths.
Admission is competitive, but students can skip the application process if they are nominated into the program, normally by a teacher.
The four local students were nominated by Weston Middle School sixth grade teacher Amber Doremus, who was invited to become an Envision nominator several years ago.
“For years, I have been nominating students,” Doremus said. “Even if a student can’t go, I think it’s great for them to be nominated and feel a little more confident that, ‘Hey, I can really do these things.’”
Doremus said that often the students she nominates don’t end up going. So, she was excited that the four went this time.
“It’s a wide variety of things they learn about,” Doremus said. “It’s great opportunity for them. Big-time federal outfits are there.”
Branson Rabb said the Denver camp was a great experience. He said he participated in projects in areas such as robotics, engineering, forensics and medical.
So, what was his favorite?
“Probably robotics and engineering,” he said. “It was really fun coding the robot and actually designing it.”
Branson said the experience has made him excited about a possible career path.
“It kind of gave me an idea of what I want to be,” he said. “It helped me see what I want to do … I want to do something with building robots or designing them.”
Mason Matye also found the experience worthwhile.
“Engineering is pretty cool,” he said. “We designed 3D buildings for suitable life on Mars.”
Mason said it was a fun way to spend part of his summer.
“I got to meet new people,” he said. “If you’re into learning about this kind of stuff, then it’s really fun.”
Alethea Bond, the lone Weston student to attend the San Jose camp, said she enjoyed the medical portion. She already knows she wants to be a surgeon when she grows up.
“I was already interested in (becoming a surgeon) before the camp, but it made me want to do it even more,” Alethea said.
Alethea’s mother, Rebecca Bond, said she’s grateful her daughter was able to take part in the camp.
“She made some great friends, had wonderful leaders and really grew in her confidence,” Bond said. “We’re so grateful for Ms. Doremus having nominated her and all the Weston Middle School staff encouragement she received. We would have never known of this opportunity otherwise.”
She said she hopes other families can learn about the camp and send their children.
“I have been talking to other parents locally,” Bond said. “Here in our part of Oregon, we really don’t get to hear about programs like this. If her teacher had not said something, we would not have known. It opened a world of possibilities to us.”
Doremus said she chose to nominate the students she did because she felt they’d be successful at the camp and get a lot out of it.
“There’s a lot of factors,” she said. “Work ethic, general knowledge in several areas. It’s not just, ‘Oh, this student is good at math.’ … You just kind of get a feeling about who could benefit from something like this.”
She said she hopes the four students come back feeling confident in their abilities.
“There’s a big world out there,” Doremus said. “Opportunities are there, and they are not out of reach.”
Students who are not nominated by a program nominator can apply for Envision camps at envisionexperience.com/admissions.
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