Abdumalik Mirakhmedov’s Post

Saudi Arabia’s esports sector is expected to boost GDP by $13.3 billion and create nearly 39,000 jobs by 2030, according to a PwC report. 📊🎮 The growth aligns with the Kingdom’s National Gaming and Esports Sector Strategy, aimed at diversifying the economy. 💼🇸🇦 The nation’s first Esports World Cup, with a $62.5 million prize pool, highlights the rapid rise of esports in Saudi Arabia. 🏆💰 With 23.5 million gaming enthusiasts making up 67% of the population, the industry is booming. 📈🔥 The Middle East's esports industry is also growing, with $7.2 billion in gaming revenues in 2023. #SaudiEsports #EsportsGrowth #GamingIndustry #Vision2030 #EsportsWorldCup #MiddleEastGaming

Let the Games Begin - Saudi Arabia to Host Olympic Esports Games Saudi Arabia is set to host the Olympic Esports Games, a landmark event that aligns with the Kingdom's Vision 2030 objectives. With over 23 million gamers in Saudi alone, including a significant female demographic, the gaming sector is booming. Hosting these games is part of Saudi Arabia’s broader strategy to diversify its economy. The global video games market is poised for growth, with a total increase of 9-12 percent in the coming years, and Saudi Arabia aims to capitalize on this trend. The government’s initiatives, such as the establishment of the Saudi Esports Federation and the National Gaming and Esports Strategy, underscore its commitment. By 2030, these efforts are expected to create 39,000 jobs and contribute $13.3 billion to the GDP. Investing in the gaming industry also fosters essential future skills like creativity, innovation, and digital literacy, aligning with the OECD's 2030 skills framework. Saudi Arabia’s focus on capacity building through grassroots initiatives further solidifies its position as a global leader in gaming and esports. #SaudiVision2030 #Esports #GamingIndustry #EconomicDiversification #Innovation #FutureSkills #SaudiArabia #OlympicEsports #NationalGamingStrategy

Saudi Arabia: The New Epicenter of Global Esports Riyadh is electrified as it hosts the inaugural Esports World Cup, with a staggering $62.5 million in prizes, positioning Saudi Arabia as a global leader in the esports arena. This landmark event is a showcase of gaming prowess and a testament to the Kingdom's Vision 2030, which aims to diversify the economy and drive growth in non-oil sectors, including sports and technology. As Saudi Arabia paves the way for the first-ever Olympic Esports Games in 2025, it opens the door for global companies to explore the burgeoning opportunities in the Saudi esports market. With a rapidly growing gaming community and significant economic contributions on the horizon, the Kingdom is set to become the epicentre of esports innovation and development. #SaudiEsports #Vision2030 #RiyadhGaming #GlobalEsports

Gamedev Pills – Saudi Arabia 🇸🇦 Let’s restart our weekly Gamedev appointment by highlighting one of the most ambitious growth plans worldwide, the Saudi Gaming and Esports strategy. The investment plan aims to position Saudi as a global leader in 2030 by fulfilling 4 goals: 🚀 Become #1 event host by organizing and hosting the most viewed esports events in the world 🕹 Establish 250 Gaming companies 📈 Be in the top 3 for # of Esports athletes per capita 🎮 Games by KSA based studios reach Top 300 during the next 10 years What’s even more impressive? → There are +23.5M Gaming enthusiasts (67% of the population) → 90% internet penetration → 39000 jobs in development will be generated Hard to predict whether those ambitious results will be achieved. Either way, the intentions are honorable! 🚀

Saudi Arabia's strategic move in #Esports 🚀 🌐In line with Vision 2030, Saudi Arabia is carving out a significant niche in the esports and gaming industries. 🎮 The advancement goes beyond just entertainment; it's a key step toward diversifying the economy and driving technological innovation. 💡 💼 The country is deeply investing in esports, not just financially but also in its people and by hosting major global gaming events. 🌍 These actions are reshaping the gaming world, underscoring Saudi Arabia's aspiration to be a leading force in the global digital market. 👀 At TISA Group, we’re not just watching - we're captivated. Our expertise lies in identifying and understanding such pivotal industry shifts. 📊 #Esports #Gaming #SaudiVision2030

There is exciting news in the world of esports. The Esports World Cup Foundation introduces the Esports World Cup Club Program, that offers financial incentives to teams participating in the multi-week event taking place in Riyadh, Saudi Arabia this summer. With 22 organizations directly invited and 6 more able to apply, the program aims to support teams with a track record in esports, fostering global engagement, competitive excellence and putting Riyadh on the world Esports map.. Successful applicants stand to benefit from annual payouts and a one-time stimulus, totaling up to $16.8M allocated for 2024. The initiative encourages teams to field multiple rosters across various esports titles, driving viewership and fan engagement. While not guaranteed a spot, teams will compete for recognition and potential rewards based on performance. Under the banner of Vision 2030 this is another step in taking the Kingdom of Saudi Arabia to another level. Led by MBS there is an ambition to transform the desert kingdom into a world class country across multiple platforms, one of which is games and esports. Which esports titles do you predict will dominate the Esports World Cup this summer, and how will this program impact the competitive landscape? #esports #SaudiArabia #riyadh2024

#ZeeVentures: Saudi Arabia to Host Inaugural Olympic Esports Games in 2025 Riyadh will host the first-ever Olympic Esports Games in 2025, marking a milestone for global competitive gaming. This event will place esports on par with traditional Olympics, showcasing Saudi Arabia's growing influence in the digital entertainment sector. With the esports industry expected to exceed $1 trillion by 2032, Saudi Arabia is positioning itself as a global hub for gaming, thanks to its tech-savvy youth and strong government support. Shahid Khan of Arthur D. Little says this will legitimize esports internationally and boost investment in the region. Leading companies like Shaffra and MENATech are already driving growth, aligning with Saudi Vision 2030 goals to foster innovation and create jobs. Initiatives like the Esports Olympics and Qiddiya City Esports Arena further cement Saudi Arabia's role in the global esports landscape. #EsportsOlympics #SaudiVision2030 #GamingIndustry #DigitalEconomy #EsportsRevolution

🚀MENA is one of the regions where esports is growing at the speed of light. 🚀 It’s been a while since we discussed how esports are becoming crucial in Egypt, Saudi Arabia, and the UAE. We do believe in the power of this part of the gaming sector for telcos who want to engage their customers. In those countries, the population is very young, tech-savvy, born digital, and passionate about playing and watching games online. We have meticulously compiled our insights and expertise on this burgeoning topic in a comprehensive white paper titled “Esports: the growth of the MENA region.” This resource is designed to equip you with the knowledge you need to navigate the exciting world of esports in the MENA region. Let’s dive deep into the esports world in MENA! Download the white paper; it’s free! ➡️https://lnkd.in/dkmzN2Eb 🍪 🎮

Saudi Arabia Ranks 2nd Globally in Average Daily Video Game Playtime: MPL Report. 🎮 A Gaming Revolution: Saudi Arabia has secured the second-highest global ranking for average daily time spent playing video games, as reported by Mobile Premier League (MPL). Over half of the Kingdom’s population is actively engaging in video games, marking a significant shift in leisure activities. Aligning with Vision 2030: This growth supports the National Gaming and Esports Strategy, aiming to create jobs and contribute $13 billion to the country's GDP. Historic Achievements: Team Falcons claimed victory in the Call of Duty: Warzone championship at the Esports World Cup in Riyadh, securing a $200,000 prize. Key Insights: 🔹 The rise of gaming content creators and streamers on platforms like YouTube and Twitch is driving greater engagement within the Saudi gaming community. 🔹 There's a growing enthusiasm for virtual reality gaming, driven by technological advancements and an increase in Arabic-language content. 🌍 Regional Context: 🔹 Egypt ranked first globally, with a gaming culture booming due to a rising middle class and increased internet accessibility. 🔹 Popular game genres include first-person shooters, sports games like FIFA Soccer, and multiplayer online battle arena games like PUBG. 🎮 Esports World Cup Highlights: 🔹 The Esports World Cup featured a cross-game format of 22 competitions across 21 premier titles, with a historic $60 million prize pool. 🔹 Prince Faisal bin Bandar bin Sultan, chairman of the Saudi Esports Federation, emphasized that the event would significantly boost the sport in the country. #SaudiGaming #Vision2030 #BusinessGrowth #RiyadhBusiness #GamingInnovation #InvestmentOpportunities #Entrepreneurship

The future of esports is not coming; it’s HERE, and it’s unfolding at an unprecedented scale in Riyadh! - 🌍 The Esports World Cup, hosted in Boulevard Riyadh City from July 4 to Aug 25, is set to be a game-changer. - 🎮 Over 2,500 elite gamers from diverse teams and clubs will be competing, showcasing their extraordinary skills and strategies. - 💰 With a record-breaking prize pool of $60 million, this event marks the largest financial commitment in esports history. - 🤝 Organized by the Esports World Cup Foundation, the tournament aims not only to advance the e-gaming industry but also to create abundant opportunities for players and clubs. - 🌐 Beyond mammoth prize offerings, the cup is designed as a platform to unite the global gaming community, fostering connections among players, fans, producers, and publishers. - 🚀 Aligned with Saudi Arabia's vision, the event seeks to boost esports and demonstrate its positive impact on society, promoting cultural exchange and attracting investments. As this landmark event seeks to redefine the scope and scale of esports, one can envision the industry evolving from here Let's discuss the future of esports and its potential impact in the region and beyond. #SaudiArabia #esports #esportsworldcup