Latest Market Update | Africa Gaming Market Booming in Size | Business Scope and New Challenges: Forecast, 2023-2030
Africa gaming market is expected to reach US$ 12 billion by 2030, with an annual growth rate of more than 10%
Wilmington, Delaware, Sept. 26, 2023 (GLOBE NEWSWIRE) —
Competition Analysis and Market Structure
Gaming companies and brands adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the African gaming market include,
- In July 2022, Sony Corporation, a Japanese electronics conglomerate, spent US$3.6 billion to acquire Bungie Inc., a video gaming firm, in order to compete with Microsoft Corporation in the US, UK, and South Korean markets.
- In January 2022, Microsoft Corporation spend US$68.7 billion to acquire Activision Blizzard Inc, an American video game firm, in order to extend its global cloud gaming sector presence.
Some of the prominent players and suppliers operating and contributing significantly to the Africa gaming market growth include Microsoft Corporation, Valve Corporation, Nintendo Co., Ltd, PlayJam Ltd, Tencent Holdings Ltd, Activision Blizzard Inc, Electronic Arts Inc, and Nvidia Corporation, among others.
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RationalStat has segmented the Africa gaming market based on game type, device type, end user and region
- Africa Gaming Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Game Type
- Shooter
- Action
- Sports
- Role Playing
- Others
- Africa Gaming Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Device Type
- PC/MMO
- Tablet
- Mobile Phone
- TV/Console
- Africa Gaming Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by End User
- Male
- Female
- Africa Gaming Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by RegionAfrica Gaming Market
- South Africa
- Egypt
- Sub-Saharan
- Rest of Africa
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Key Questions Answered in the Gaming Report:
- What will be the market value of the Africa gaming market by 2030?
- What is the market size of the Africa gaming market?
- What are the market drivers of the Africa gaming market?
- What are the key trends in the Africa gaming market?
- Which is the leading region in the Africa gaming market?
- What are the major companies operating in the Africa gaming market?
- What are the market shares by key segments in the Africa gaming market?
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