Saudi Arabia Cloud Gaming Market - Infiniumglobalresearch.com

Saudi Arabia Cloud Gaming Market: Prospects, Trends Analysis, Market Size and Forecasts up to 2030

Report Code: SA0225 Country : Saudi Arabia Published: October, 2023

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The country research report on Saudi Arabia cloud gaming market is a customer intelligence and competitive study of the Saudi Arabia market. Moreover, the report provides deep insights into demand forecasts, market trends, and micro and macro indicators in the Saudi Arabia market. Also, factors that are driving and restraining the cloud gaming market are highlighted in the study. This is an in-depth business intelligence report based on qualitative and quantitative parameters of the market. Additionally, this report provides readers with market insights and a detailed analysis of market segments to possible micro levels. The companies and dealers/distributors profiled in the report include manufacturers & suppliers of the cloud gaming market in Saudi Arabia.

Market Insight

The introduction of 5G technology has marked a new beginning in the connectivity landscape and brought about a fundamental shift in the gaming sector. Saudi Arabia's government is investing in 5G technology to gain broader microeconomic benefits. Saudi Arabia was one of the first countries in the Middle East region where they collaborated with local operators to launch 5G infrastructure in the country. Furthermore, 5G technology is a next-generation wireless technology that can allow faster data transmission speeds.

Saudi Arabia cloud gaming market size was valued at USD 6.39 million in 2022 and is expected to reach USD 35.07 million in 2030, with a CAGR of 27.65% during the forecast period 2023-2030. Cloud gaming is the future of the gaming industry, in which the cloud is a vital part of providing seamless and direct playability for gamers across all devices without the necessity of additional hardware setup. Furthermore, the growing penetration of high-speed internet and the rising adoption of smart devices are the factors that boost the market growth. Increasing utilization of gaming as a service and digital transformation in the media & entertainment industry are some of the other factors driving the growth of the market. Moreover, with a significant decrease in the access time of games and reduced cost of game purchases, cloud servers are extremely preferred by game manufacturing companies. Additionally, the rapidly increasing popularity of social media platforms, e-sports promotion, and free play modes are the major drivers in the cloud gaming market. However, the latency and responsiveness issues may hamper the market growth in Saudi Arabia.

With the COVID-19 lockdown, the cloud or online gaming industry in Saudi Arabia has witnessed an increase in user engagement. As the COVID-19 outbreak has forced millions of people across the country to spend more time at home, the entertainment business has sprung into action to capture their attention, with live streams of gaming, opera performances, virtual museum tours, and others.