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Gaming Industry in Africa Estimated at USD 7 Billion in 2023

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Gaming Industry in Africa Estimated at USD 7 Billion in 2023

( 3 Minutes Read)

Globally, the gaming industry is estimated at USD 200 billion in 2023.  The African and Middle Eastern video games market recorded the strongest annual growth in global revenues in the sector, reaching over USD 7 billion, an increase of 4.7 percent in 2023

In Africa, the gaming market has been booming since 2018. One significant development is games from abroad are being played by young people, who are now looking to tell different, authentic stories. They are also trying to make African themes in the games and are in the process of developing 100 percent African entertainment.

Globally, the gaming industry is estimated at USD 200 billion in 2023.  The African and Middle Eastern video games market recorded the strongest annual growth in global revenues in the sector, reaching over USD 7 billion, an increase of 4.7 percent in 2023

Read Also:

https://trendsnafrica.com/gaming-is-becoming-popular-in-africa-south-africa-leads-the-list/

https://trendsnafrica.com/creative-industry-in-nigeria-to-grow-smartly/

Gaming is age-neutral and every age group from small children to very elderly people plays games. Africa has huge potential to develop the market. But the problem is investment. It is important to sensitize the investors to the type of market in Africa and to motivate them to invest in the sector.