It is believed that over 100 million people in the Middle East take part in gaming. The audience is enthusiastic about the multi-billion-dollar industry. The GCC gaming script writes itself. A recent report states the gaming potential as an economical medium.
The study states that the GCC will account for 1.5 percent of the revenue generated globally by 2025. The sector is believed to grow by 22.5 percent in the next five years. As of 2019, Saudi Arabia ranked 19th in gaming revenue generated globally with an estimated payment of $837m as other players like
Betway88 in Asia continue to see increased numbers.
In the same year [2019], UAE ranked 35 globally on the most extensive gaming market list. Gamers spend an average of 30 minutes on their phones, playing games every day. According to recent research, revenues generated by the gaming industry are more extensive than album sales, music streaming, and box offices combined.
Substantial investment in infrastructure, both physical and virtual, is needed to tap into the gaming industry, something the policymakers and investors have made possible. The current facilities have put the GCC in the middle of this lucrative industry where Betway88 and other players continue to thrive.
The highly anticipated hi-tech city of NEOM in Saudi Arabia is expected to have modern gaming facilities after the developers joined hands with the Saudi Arabian Federation of Electronic and Intellectual Sports [SAFEIS].
The TECOM Group has plans in place to construct the Dubai X-Stadium in Dubai. The stadium will be a dedicated esports site with the hope of making it a hub for hosting gaming events. Not many details have been released, but the stadium is expected to be one for the future.
The Arcade by Hub Zero was recently launched and offered various games from motion capture genres, virtual reality, and artificial intelligence. They as well provide retro classics, namely Space Invaders and Pacman.
In Abu Dhabi, Twofour54 and the media is joining hands with Unity Technologies [gaming publishers] to come up with a center of excellence. The center will teach skills to students and local start-ups required to make it in the gaming industry. According to Twofour54, after training, there will be funding for developers.
The facility intends to house as many game development companies, both established firms, and start-ups. All will benefit from business and technical support.
The construction of Pixel in Al Qana, which was designed to be a waterfront destination in Abu Dhabi, will contain an esports academy to facilitate training to the next generation. It will also host games, arcades, and tournaments. Pixel aims at entertaining the gaming audience by ensuring they take part in competitive VR Leagues. It will facilitate space for professional esports gamers, gaming streamers, and content creators.
Training and development
Training is essential in every sport. For those who would like to improve their gaming skills, they need to be nurtured by professionals. From the above information, the upcoming centers have put that into consideration.
The programs offered will prepare learners with high demand career paths in the gaming industry. The industry is expected to create jobs for millions of people in the near future. The GCC gaming industry's future is well on track once most of these high-end projects get completed.
GCC could be the hub of hosting international gaming competitions since the governing bodies are willing to work with investors in achieving the dream. Meanwhile, gamers can continue enjoying a variety of casino games and sport betting on Betway88.
MENAFN23012021005269011829ID1101478299
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.