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Saudi Arabia Cloud Gaming Market to Hit USD 96.69 Million, Globally By 2030 at 28.49% CAGR | Infinium Global Research

10-30-2023 02:12 PM CET | IT, New Media & Software

Press release from: Infinium Global Research LLP

Saudi Arabia Cloud Gaming Market to Hit USD 96.69 Million,

Study on Saudi Arabia Cloud Gaming Market by Infinium Global Research is a comprehensive presentation of qualitative and quantitative research to identify key trends, growth prospects, drivers, restraints, and opportunities in the Saudi Arabia market. The report also deep dives into the sub-segments of the cloud gaming market by segments through main geographies in the Saudi Arabia market. Browse through over 100 tables and figures to get a complete view of the regional markets of cloud gaming over the period of 2023 to 2030. The Saudi Arabia cloud gaming market was valued at USD 13.11 Million in 2022 and is expected to reach USD 96.69 Million by 2030 and grow at a CAGR of 28.49% over the forecast period.

To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/saudi-arabia/sample-request/16493

Youth and Technological Literacy Fuel Growth: With a young and technologically literate population, Saudi Arabia is at the forefront of cloud gaming adoption. The proliferation of gaming devices, including smartphones, laptops, and tablets, sets the stage for a vibrant gaming market. The country, retaining its position as the GCC's largest smartphone market, accounts for the majority of units shipped in the region, with 5G-capable devices gaining significant traction.

5G and Low Latency: As the demand for premium offerings based on 5G capabilities rises, cloud gaming is expected to flourish. 5G networks, with their low latency and faster speeds, offer the ideal platform for a seamless gaming experience. Telecom providers are introducing high-speed internet connectivity, eliminating latency issues, and enabling immersive cloud gaming. Major players such as Google and Microsoft are investing in data servers to ensure low-latency cloud gaming experiences.

Augmented and Virtual Reality (AR/VR) Integration: The integration of augmented and virtual reality technology into the gaming industry has transformed the gaming experience, making it more compelling and interactive. AR and VR enhance mobile gaming, providing users with an improved, real-time experience. Leading companies like Apple and Google are investing in AR technology, contributing to the growing application and integration of AR and VR in gaming.

Key Market Segments: The Saudi Arabia cloud gaming market can be segmented based on devices, with gaming consoles expected to dominate, offering high-end sound systems and displays. In terms of types, video streaming leads the market by eliminating the need for additional hardware devices.

Key Players: Key players in the Saudi Arabia cloud gaming market include Electronic Arts Inc., Microsoft Arabia, Sony, NVIDIA, and Facebook, Inc. These industry leaders are actively engaged in organic growth strategies, including partnerships, new product developments, and mergers & acquisitions, to strengthen their positions in the market.

Data Center Investments and 5G Networks: Data centers and high-speed network connectivity are instrumental in supporting cloud gaming services. Telecom providers are rolling out next-generation internet connectivity, particularly 5G, to eliminate latency and create opportunities for mobile gaming. Cloud gaming market players are expanding their data center presence in Saudi Arabia, capitalizing on the augmented investment in 5G networks and the subsequent growth of internet users.

Enquire Here Get Customization & Check the Discount for the Report @ https://www.infiniumglobalresearch.com/saudi-arabia/customization/16493

Table of Content

Chapter 1. Introduction

1.1 Report Description

1.1.1 Segmentation and Research Scope

1.1.2 Definition, Abbreviations, and Assumptions

1.2 Research Methodology

1.2.1 Methodology

1.2.2 Research Methodology: An Outline

1.3 Research Approaches

Chapter 2 Executive Summary

2.1 Saudi Arabia Cloud Gaming Market Projection

Chapter 3 Market Overview & Competitiveness

3.1 DRO Analysis

3.1.1 Drivers

3.1.1.1 Surging adoption of Augmented Reality (AR) and Virtual Reality (VR) technology in gaming industry is expected to drive the market growth

3.1.1.2 Smartphones adoption will drive the market growth

3.1.2 Restraints

3.1.2.1 Latency and responsiveness issue will hamper the market growth

3.1.3 Opportunities

3.1.3.1 Investment in data center and next-generation network connectivity will create an opportunity for the market

3.2 Impact of the COVID 19 pandemic on Saudi Arabia Cloud Gaming market

3.3 Porter's Diamond Model for Saudi Arabia Cloud Gaming Market

3.4 PEST Analysis for Saudi Arabia Cloud Gaming Market

3.5 IGR- Growth Matrix Analysis

Chapter 4 Saudi Arabia Cloud Gaming Market, By Device

4.1 Overview

4.2 PC

4.3 Smartphones

4.4 Tablets

4.5 Gaming Consoles

Chapter 5 Saudi Arabia Cloud Gaming Market, By Type

5.1 Overview

5.2 File Streaming

5.3 Video Streaming

Chapter 6 Company Profiles and Competitive Landscape

6.1 Competitive landscape

6.2 Company Profiles

6.2.1 NVIDIA Corp

6.2.1.1 Overview

6.2.1.2 Company Overview

6.2.1.3 Product Portfolio

6.2.2 Electronic Arts Inc.

6.2.2.1 Overview

6.2.2.2 Company Overview

6.2.2.3 Product Portfolio

6.2.3 Sony Middle East and Africa FZE

6.2.3.1 Overview

6.2.3.2 Company Overview

6.2.3.3 Product Portfolio

6.2.4 Microsoft Arabia

6.2.4.1 Overview

6.2.4.2 Company Overview

6.2.4.3 Product Portfolio

6.2.4.4 Recent Development

6.2.5 Facebook, Inc.

6.2.5.1 Overview

6.2.5.2 Company Overview

6.2.5.3 Product Portfolio

More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/saudi-arabia/enquiry/16493

Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of Saudi Arabia Cloud Gaming.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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About Infinium Global Research:

Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.

Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts is engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.

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