Saudi Arabia Online Gaming Market to Grasp Excellent Growth by 2028

The latest report by MarkNtel Advisors, titled “Saudi Arabia Online Gaming Market” Size study report 2023-28 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. Saudi Arabia Online Gaming Market Share, Size, and Industry Analysis. 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), By Company (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.). The Saudi Arabia Online Gaming Market is projected to grow at around 7.85% CAGR during the forecast period, i.e., 2023-28.

Key Highlights of the Market Report:

Detailed overview of the market share
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Saudi Arabia Online Gaming Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising market growth

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Growth Restraint: Stringent Government Regulations for Gaming Platforms

One of the most prominent challenges to the Saudi Arabia Online Gaming Market is dynamic regulations imposed by the government for citizens' welfare. In November 2021, the Saudi Communications and Information Technology Commission (CITC) published a consultation on its draft Digital Content Platform regulations for digital gaming platforms in the country. Article 5.2 of the CITC draft specifies that Satellite Pay TV platforms, IPTV platforms (Amazon), Video OTT platforms (Netflix), etc., face the heaviest burden since they need to obtain a license before offering services.

Furthermore, games like Call of Duty 4: Modern Warfare, Grand Theft Auto series, Manhunt series, along with 44 other games, have been completely banned in Saudi Arabia since these were not in compliance with the Saudi Arabian digital regulation and were depicting violence, terrorism role plays, other offensive content.

Saudi Arabia Online Gaming Market Segmentation

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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Major Key Players in Saudi Arabia Online Gaming Market research report:

-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.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About MarkNtel Advisors

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