Patricia Keating ☘️ I باتريسيا كيتنج’s Post

🕹️The Esports sector in the Middle East is capturing significant interest, with governments and private entities investing heavily in infrastructure, from gaming zones to arenas. In 2023, the gaming revenues in the region were approximately US $7.2 billion, with Saudi Arabia emerging as a key player. 🚀 Learn more in our report: 🔗https://pwc.to/3MnJQhC PwC Middle East

🕹️The Esports sector in the Middle East is capturing significant interest, with governments and private entities investing heavily in infrastructure, from gaming zones to arenas. In 2023, the gaming revenues in the region were approximately US $7.2 billion, with Saudi Arabia emerging as a key player. 🚀 Learn more in our report: 🔗https://pwc.to/3MnJQhC PwC Middle East

This is probably going to annoy a few people. Saudi Arabia has been announced as the official host country for the inaugural ‘Olympic Esport Games’. Some people will argue that gaming isn’t an Olympic sport. Some people will argue that Saudi Arabia is (e)sportswashing. One thing is for sure - it’s a great strategic move by KSA. 💰 They have committed $38bn investment in Esports over the next 6 years. 🎣 They have 40% share of the global Esports market. 📣 They are raising their profile amongst: - Their young domestic population (70% are under 36) - The massive global gaming audience - The significant community of gaming creators And remember: 🐳 Gaming is a bigger market than film, TV, and music COMBINED. As part of the ‘Vision 2030’ plan to diversify the economy, Gaming is a pretty good place to go. Love it or hate it? ———— The media industry is moving fast. I keep on top of it all so you don’t have to. SUBSCRIBE HERE: https://buff.ly/43QeqIu

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’s contribution to the phenomenal growth of the global Esports sector is highlighted by a study showing that 23.5 million gaming enthusiasts - 67% of population - currently live in the Kingdom. The recent Esports World Cup in Riyadh featured the largest prize pool in history, $60 million, and the country is now home to almost 1,000 players pursuing Esports as full-time careers, says the report by the Saudi Esports Federation, in collaboration with PwC Middle East. According to the report, worldwide revenue generated from Esports is expected to reach US $1.86 billion by 2025, nearly doubling the US$996 million revenue generated in 2020. The number of gamers in the MENA region, estimated at almost 68 million in 2022, is projected to grow to around 87 million by 2026, with rampant mobile and digital penetration leading to the growth. #gaming #esports #SaudiArabia

Saudi Arabia is making a bold move into the world of esports and gaming with the upcoming Esports World Cup, hosted this summer. As the proud host of this tournament, Saudi Arabia is solidifying its position as a global player in the lucrative gaming industry. League of Legends, one of the most popular and profitable games in the world, will be featured in the tournament alongside other platforms. But the Kingdom's investment in esports doesn't stop there. Qiddiya, a new infrastructural development, is set to become the world's biggest sport and entertainment city. Within this city, an esports and gaming zone will be established, complete with a 73,000-seater arena. This bold move by Saudi Arabia not only showcases their commitment to diversifying their economy, but also their recognition of the growing importance of esports and gaming in the global market. In my opinion it is crucial for us to keep an eye on emerging industries and opportunities, and Saudi Arabia's foray into esports is one to watch. I look forward to seeing the success of the Esports World Cup and the growth of the gaming industry in Saudi Arabia. #Esports #Gaming #SaudiArabia #Qiddiya #Diversification #GlobalMarket #Innovation #Opportunities

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! 🚀

His talk will be about how the BEF and SEF cooperation will contribute to Vision 2030.

Bam bam bam When you see the statistics for the Esports World Cup in Saudi Arabia. You can see the numbers, impressions, access rates, and how commercial intelligence was used for a future plan that relied on all sports in the country, whether electronic or actual sports. You believe that the plan for the project has a futuristic outlook to reach the pinnacle in all sports and entertainment fields. When I talk to many Chinese companies and foreign companies and give them statistics about the general outlook and plan from the beginning of the emergence of esports and how these achievements were reached within a short period, they are just shocked. And I love them when they start whispering to each other about how we can enter this sector, because the way content is presented in the Middle East is completely different from the way it is presented in China and some foreign countries, so they are looking for something new. And all this is a point in a book full of empty pages. The field will develop more and more So what are you waiting for, just come in.