Niko Partners predicts that games revenue in Saudi Arabia, the UAE and Egypt (MENA-3) will grow 56% from $1.8 billion in 2022 to $2.8 billion in 2026. This represents a CAGR of nearly 10% — indicating a major growth opportunity for the region. This forecast is part of the games market research firm’s second annual MENA-3 Games Market Report & Five-Year Forecast.
MENA-3 growth
In addition to this revenue growth, the firm estimates the number of gamers will also grow nearly 30%, from 67.4 million last year to 87.3 million by 2026. This translates to a CAGR of about 6%, which means that users are not growing nearly as fast as spending. As a result, the firm predicts that average user spending will increase over the next five years.
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