KSA emerges as a significant player in the global Esports market

In the last decade, the Esports sector has experienced phenomenal growth, with the emergence of new markets, professional players, teams, leagues, funding, and prizes. 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. This expected growth is mainly driven by rising investments, live streaming, surging viewership, ticket sales, and demand for tournament infrastructure globally. 

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. The number of gamers in the Middle East and North Africa (MENA) region was estimated at almost 68 million in 2022, and is projected to grow to around 87 million by 2026. Rampant mobile and digital penetration have led to increased adoption of Esports and gaming in the region. 

This report is the first of a three-part series that examines the growth of the Esports industry worldwide and in the Kingdom of Saudi Arabia. It also highlights the active role government and private stakeholders are playing in developing the sector, with a particular focus on engaging young people and nurturing talent.