Market Forecast By Game Type (Console, Tablet, Smartphone, Downloaded, Box PC And Browser PC) And Competitive Landscape
|Product Code: ETC053851||Publication Date: Feb 2023||Product Type: Report|
|Publisher: 6Wresearch||No. of Pages: 70||No. of Figures: 35||No. of Tables: 5|
Egypt Online Gaming Market has been experiencing significant growth in recent years. The major factors driving the growth of this market are the increasing number of internet users, growing e-commerce, and the availability of mobile devices. Apart from this, the market has undergone various development which includes increased investment by the government in the country’s ICT sector. These investment aims to enhance the country's digital infrastructure and attract more foreign investment to the sector. Moreover, many international game developers are localizing their games by incorporating local cultural elements. In addition, many companies are collaborating with international companies to develop new games and improve the gaming experience.
Mobile gaming is increasingly popular in Egypt due to the widespread availability of smartphones and affordable data plans. Egypt has witnessed an increase in the adoption of blockchain-based gaming platforms that enable players to earn and trade in-game assets using cryptocurrencies. Overall, the online gaming market size is growing with increasing investments, collaboration with international companies, and the popularity of mobile gaming and esports.
Egypt Online Gaming market is expected to witness a proliferation in the coming years on the back of an increase in the growth of the rising tech-savvy population and deeper penetration of smartphones and the internet. Also, owing to a weakened financial services system across the North African region, many of the online payments regarding online gaming are controlled by French and Arab companies and the rising aspirations for gaming in the country are leading to an increase in the bountiful opportunities for French and Arab game developers to witness significant growth potential in the impending period. A spur in the growth of fantastic spin and win a range of games along with a widespread option given in the form of lucrative incentives, bonuses, and fast payout modes is catching the eye of the majority of the population in the country and is leading to an increase in the growth of the online gaming in the country and as a result, is expected to be a growth proliferating factor for the Egypt online gaming market in the forthcoming years.
According to 6Wresearch, the Egypt Online Gaming Market size is anticipated to register growth during 2021-2027. The outbreak of the global COVID-19 pandemic has led to an increase in the swashbuckling growth of the Egypt online gaming market. As the nations go for lockdown in order to win the bid to combat the spread of the novel coronavirus, interest in online gaming has also arisen. The increase in the time spent at home has led to an increase in the interest of the population towards leisure time activities and is expected to lead to a plummeting demand for online gaming to be deployed at the consumer end. The resultant of which would be an increase in the supplement growth of the Egypt Online Gaming market in the coming time zone.
Adrift in the per capita income of the population on the back of an increase in the growth of rapid urbanization which has led to an increase in enhanced employment facilities which has led to an increase in the growth of the disposable income towards state-of-art leisure time activities and as a result is expected to be of great importance for the growth of the Egypt online gaming market in the coming time zone.
The Egypt Online Gaming market report thoroughly covers the market by Game Type and key Regions. The Egypt Online Gaming market outlook report provides an unbiased and detailed analysis of the ongoing Egypt Online Gaming market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Egypt's online gaming market is projected to gain popularity in the forthcoming years on the back of the rising growth of artificial intelligence, and cloud-based game technology in the country. The countries population finds their interest in esports along with the video gaming segment is estimated to shape the market landscape of the country owing to an increase in the number of players especially teenagers, and youngsters. Increase in the growth of the disposable income for quality-aided gaming experiences. These factors are estimated to benefit the growth of the Egypt online gaming market in the upcoming six years.
The Egypt Online Gaming Market report provides a detailed analysis of the following market segments:
1. What are the challenges faced by the online gaming industry in Egypt?
Low rate of adopting online payment in the country, which makes it difficult for developers to monetize their games. Also, there is a lack of regulatory framework for the industry.
2. What is the potential for esports in the country?
Esports has been gaining popularity in Egypt as a growing number of tournaments and teams emerge in the country. The government and private sector are investing in the online gaming sector to contribute to its growth.
3. What is the future of this industry?
The future of the online gaming market in Egypt is significant as the government invests in the sector and international companies are collaborating with local developers.
4. What are the opportunities for international gaming companies in Egypt?
International gaming companies can tap into the growing online gaming market in Egypt by developing games that are tailored to the local market and leveraging the country's digital infrastructure.
|1. Executive Summary|
|2.1. Report Description|
|2.2. Key Highlights|
|2.3. Market Scope & Segmentation|
|2.4. Research Methodology|
|3. Egypt Online Gaming Market Overview|
|3.1. Egypt Online Gaming Market Revenues, 2017-2027F|
|3.2. Egypt Online Gaming Market Revenue Share, By Game Type, 2021 & 2027F|
|3.3. Egypt Online Gaming Market Revenue Share, By Regions, 2021 & 2027F|
|3.4. Egypt Online Gaming Market Industry Life Cycle|
|3.5. Egypt Online Gaming Market- Porter’s Five Forces|
|4. Egypt Online Gaming Market Dynamics|
|4.1. Impact Analysis|
|4.2. Market Drivers|
|4.3. Market Restraints|
|5. Egypt Online Gaming Market Trends|
|6. Egypt Online Gaming Market Overview, By Game Type|
|6.1. Egypt Online Gaming Market Revenues, By Downloaded, 2017-2027F|
|6.2. Egypt Online Gaming Market Revenues, By Console, 2017-2027F|
|6.3. Egypt Online Gaming Market Revenues, By Box PC, 2017-2027F|
|6.4. Egypt Online Gaming Market Revenues, By Tablet, 2017-2027F|
|6.5. Egypt Online Gaming Market Revenues, By Smartphone, 2017-2027F|
|6.6. Egypt Online Gaming Market Revenues, By Browser PC, 2017-2027F|
|6.7. Egypt Online Gaming Market Revenues, By Smartphone, 2017-2027F|
|7. Egypt Online Gaming Market Competitive Landscape|
|7.1. Egypt Online Gaming Market, By Companies, 2021|
|8. Company Profiles|
|9. Key Strategic Recommendations|