Middle East, Africa games market to hit $6B by 2021

Tencent sees bright destiny for enterprise as penetration of mobile phones increases

Chinese Internet firm Tencent and PUBG Mobile, one of the most famous video games, jointly released a whitepaper that highlights the destiny of the games industry and its environment and illustrates the contribution that video games are making to local monetary and social development.

The whitepaper, which includes marketplace studies from international video games and e-sports analytics agency Newzoo, famous that the Middle East and Africa games market will attain total revenues of $4.8 billion in 2019 and is anticipated to reach $6 billion by way of 2021, whilst the full worldwide market, which includes games sales from all platforms along with cellular video games, console and PC video games, is predicted to be worth $148.eight billion in 2019.

The Future of the Games Industry & Ecosystem whitepaper includes a top level view of the regional games marketplace. It also seems on the destiny potentialities for the video games sector, such as the rise of mobile gaming and move platform gaming, the boom of e-sports inside the location, and the capacity of games to convey positive blessings for monetary and social development.

Vincent Wang, standard manager of the worldwide publishing branch and head of PUBG Mobile at Tencent Games, said: "With the increase within the penetration of cell phones, the manner of how human beings eat media is changing. As one of the main Internet technology agencies in the world, we agree with that technological improvements can increase the evolution of how human beings entertain."

The whitepaper examines the potential of the video games market in the vicinity, to both to study the marketplace in terms of sales, and additionally to take into account other areas in which video games are bringing blessings. Games are becoming one of the major economic members to virtual economies; they have emerge as the primary amusement choice for many people, and video games are also accomplishing into new regions such as education and the workplace, to increase engagement and interaction, and allow new and interesting methods of interacting with the sector around us.

The whitepaper was released during a keynote cope with and panel dialogue as a part of ON.DXB, the new regional film, game, video and track pageant which came about at Dubai Studio City.

The panel made from experts on video games and associated sectors, which includes Vincent Wang; Tom Wijman, senior market analyst at NewZoo; Jim Liu, expert lecturer on the Tencent Institute of Games; Rafed Salem, head of localisation at Riot Games; and Dr Hock Chuan Lim, assistant professor at the University of Wollongong in Dubai. The panel mentioned the opportunities of the local video games market, and other subjects inclusive of the contribution of games to the digital economic system of the location and the positive effect of games on schooling and career development.

Newzoo's primary consumer research surveyed greater than 62,500 respondents throughout 30 key countries, which account for extra than 90 according to cent of worldwide recreation revenues.