A recent article from Arab News showed that the gaming market exploded in Saudi Arabia over the last year. The esports market is worth an estimated $690 million. The market is expected to grow by $6.75 billion by the end of the decade.
“In two to three years I think we could double or triple the amount of gamers, the amount of money that is spent and even the revenue that is generated,” said Kaswara Al Khatib, chairman of the board at Webedia Arabia Group and founder of UTURN, the Saudi digital media machine and the creator of entertaining and storytelling content, which is also part of the group. “I would say the $1.09 billion would easily be doubled if we start having our own gaming development and hosting our own tournaments and that is starting to happen so I think it’s only a matter of time until we reach that figure.”
The country has taken on several esports-based initiatives. The country began measuring the response times of its major telecoms networks. The Kingdom’s Communications and Information Technology Commission (CITC) also launched the “Game Mode” initiative, to drive competition among telecom operators to provide the best gaming experience.