Africa Gaming Market Analysis and Forecast, 2019-2028


Posted July 25, 2023 by Dorinda

The Africa gaming market is expected to reach US$ 10 billion by 2028 and is expected to grow at a significant CAGR of over 10% over the forecast period of 2019-2028.

 
Market Scope and Overview

Based on a deep-dive market study conducted by RationalStat, the Africa gaming market has been analyzed according to market segments, which include application, product, end user, and geography of the region (incl. South Africa, Egypt, Sub-Saharan and Rest of Africa). The report also gives the market size of both regional and global markets for the historic period of 2019-2022 and for the forecasted timeframe of 2019-2028.

Market intelligence for the Africa gaming market covers market sizes on the basis of market value (US$/EUR Million) and volume ('000 units/tons/liters) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

Furthermore, it provides the long-term outlook for the sector, products and services 10 year outlook and their implications on the industry. It also provides the current state of the Production Levels, Capacity Utilization, Tech Quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, and insights, etc.

Period Covered include data for 2019-2028 along with year-wise demand estimations

The Africa game market report examines the market in the context of economic and global conditions regional geopolitics, export-import scenarios, trade duty market developments both organic strategies and non-organic ones mergers and acquisitions new product launches, policies of the government, new capacity additions technological advances R&D investments, and the latest market entry rates, rate of replacement, penetration the size of the installed base/fleet globally and regional capacity for production, and many more.

RationalStat provides market analysis and consulting studies based on the foundation of a solid desk and secondary research, backed by an internal data repository. Furthermore, the research draws on information based on actual-time information gathered from interviews conducted in the primary phase. Market estimates and insights are built in the primary data (covering over 240 organizations) and secondary research making use of international benchmarking.

The Africa gambling market study includes supply and value chain analysis, which provides comprehensive details about the margins of value chains and the roles of different players in the value chain. Market dynamics provided in the market study include market drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.

In the section on competition analysis in the competition analysis section, the Africa gaming market is an extensive benchmarking analysis of competition that is based on how much market share is held by top brands, producers and suppliers and a market structure overview that includes detailed business profiles of more than 25 players along with their financials, offerings of products and services and major developments and business models, etc. This allows customers or report customers to take robust, precise and swift choices.

Explore more about this report - Request for Sample and Scope of the Study

https://store.rationalstat.com/store/africa-gaming-market/#tab-ux_global_tab

Macroeconomic Scenario and the Impact of COVID-19 on Regional Economic Sentiment

In the most recent RationalStat study, it is clear that the geopolitical conflict and inflation are the most frequently mentioned risks to the economy, while worries regarding the risk of volatility in the energy sector are prevalent in Europe and across the globe. The main dangers to economic growth of the most important regions, which include Asia Pacific, Europe, North America, the Middle East and Africa and the other developing regions are rising the rising cost of energy, inflation and supply chain disruptions. the instability of geopolitics, labor shortages and rising interest rates and the COVID-19 pandemic.

The global economy was hit with severe headwinds in 2019-2021 when some countries saw slow growth, while others were still battling economic slowdowns. The COVID-19 pandemic has imposed unjustified pressure on all industries worldwide and has led to a severe recession in US, India, Italy as well as Italy, the UK, Germany, India, Japan, South Korea, the UK and many other countries. Additionally, the withdrawal from UK from the UK of the European Union earlier in 2020 and the war between Russia and Ukraine in 2022 has heightened the global tenseness.

Furthermore, in addition, global economic growth slows from 2022 down to 3.3 percent, lower than the forecast for the final quarter of 2021. The reason for this was that it was mostly weighed down by Russia's conflict in Ukraine and the cost of living crisis in several nations. However, an improvement in economic activity in the coming years is anticipated. The growth rate is expected to stay at a lower pace between 2023 and 2024 at 2.6 percent and 2.9 percent, respectively.

A few of the major players who contribute to Africa gaming market's growth are Tencent, Microsoft, Sony and many more.

RationalStat has segmented the Africa gaming market based on product, application, end user, and region

Africa Gaming Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Product

oConsole Gaming
oPC Gaming
oMobile Gaming

Africa Gaming Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Application

oCasual Gaming
oHardcore Gaming
oEsports

Africa Gaming Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by End User

oConsumers
oBusinesses

Africa Gaming Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Region

oSouth Africa
oEgypt
oSub-Saharan
oRest of Africa

Leading Companies and Market Players

oTencent
oMicrosoft
oSony

For more information about this report: https://store.rationalstat.com/store/africa-gaming-market/

Key Questions Answered in the Africa Gaming Report:

What will be the market value of the Africa gaming market by 2028?
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?

About RationalStat LLC

RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.

RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

Contact

Dorinda Erwin,
Content and Press Manager
RationalStat LLC
[email protected]
Phone: +1 302 803 5429
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Categories Entertainment , Games , Media
Tags africa gaming market , gaming market , african market
Last Updated July 25, 2023