Newzoo expects revenues for games to grow at a compound annual growth rate of 8.3 per cent, resulting in revenues of $200.8 billion by 2023
Investors across the UAE and the Middle East region are increasingly turning their sights to gaming technology, driven by the growth of the sector during the Covid-19 lockdown.
Experts say that the rise in the popularity of gaming is creating opportunities for developers too, and more projects have appeared in the hopes of meeting the needs of a growing audience.
“We have seen remarkable growth in the regional gaming sector this year, considering that the virtual world has increasingly served as a substitute for regular social interactions. The UAE’s ecosystem for gaming and content creation is rapidly evolving, owing to world-class infrastructure, a sizeable & growing market, high rates of digital penetration and…
