New Global Sport Conference’s Post

This is huge! In the last decade, the Esports sector has experienced phenomenal growth, with the emergence of new markets, professional players, teams, leagues, funding, and prizes. There is significant interest in the Esports industry in the Middle East, with governments and private entities investing in Esports infrastructure, from gaming zones to arenas, and global tournaments. In 2023, gaming revenues in the Middle East and Africa were approximately $7.2 billion, with Saudi Arabia emerging as a key growth player #SaudiEsports #KSAEsports #SaudiGaming #EsportsKSA #SaudiGamers #KSAProGaming #GamingInSaudi #KSAeLeagues #SaudiEsportsScene #EsportsMiddleEast

#menanews Savvy Games Group, one of the entities responsible for positioning Saudi Arabia as a major global hub for the games industry, reports a significant expansion and future goals. CEO Brian Ward emphasised plans for 2025, including hosting the inaugural Olympic Esports Games in Riyadh and announcing a major acquisition in game development. The company, backed by Saudi Arabia's PIF, aims to position the Kingdom as a global gaming hub by 2030. Savvy has doubled its workforce to over 3,500 employees across 22 countries and focuses on global game development, esports growth, and building Saudi Arabia's gaming ecosystem through investments and job creation. Read more: https://lnkd.in/dKnPH35Y #SavvyGamesGroup #GamingIndustry #SaudiVision2030 #Esports #Riyadh2025 #GamingHub #GameDevelopment #PIF #GamingEcosystem #GlobalGamingLeader

#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

Dive into the dynamic world of Saudi Arabia's #gaming industry with our latest article! 🎮 We explore this growing market with a volume of over USD 200 billion with all its challenges and opportunities for investors. Gaming influences various sectors such as music, sports, education, and training. Talent acquisition emerges as a critical factor for sustainable growth, and we analyze effective strategies within this swiftly developing landscape. The Middle East is enthusiastically embracing gaming, evident through initiatives like #Gamers8. As this paves the way for gaming innovation, the future seems bright for exciting developments on the horizon. 🌐🚀 Learn more: ➡ https://lnkd.in/dD3_rUzE #RolandBerger #GamingIndustry #VideoGames Elias Aad, Nicolas Teisseyre, Pierre Samaties

The Future of Gaming in Saudi Arabia: A Powerhouse in the Making 🎮 Saudi Arabia is rapidly emerging as a global leader in the gaming industry, with a strategic vision that includes investment, innovation, and talent development. As the country continues to diversify its economy under Vision 2030, gaming is becoming a central pillar in both cultural and economic growth. #Gaming #Infiniarc #SaudiArabia #Esports #GamingIndustry #FutureOfGaming

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

From hosting the first-ever Esports World Cup to announcing plans for cutting-edge gaming arenas, Saudi Arabia is making significant strides in the esports industry. With projections of a $13 billion boost to its economy, CNN’s Eleni Giokos explores how this thriving sector is reshaping entertainment and business in a nation with a young, tech-savvy population. #Esports #SaudiArabia #GamingIndustry #EconomyBoost

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

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

Unveiling Saudi Arabia's Bold Esports Investment Strategy Saudi Arabia's #PublicInvestmentFund, through #SavvyGamesGroup and #ESLFaceItGroup, is making significant inroads into the esports industry. This strategic move is part of the #Vision2030 initiative, aiming to transform the kingdom into a major player in the global gaming scene. As Saudi Arabia hosts top-tier sporting events and becomes a hub for digital entertainment, questions arise about the long-term impact of its investments on the future of esports. For more information, visit our website. Link in bio. #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #Esports #Gaming #Investment #EconomicDiversification #DigitalEntertainment #SavvyGamesGroup #ESLFaceItGroup