Africa Gaming Market Size (2024 - 2029)

Africa Gaming Market Analysis

The Africa Gaming Market size is estimated at USD 2.14 billion in 2024, and is expected to reach USD 3.72 billion by 2029, growing at a CAGR of 11.62% during the forecast period (2024-2029).

The rise of mobile gaming in Africa is aided by rising internet connectivity, increasing adoption of smartphones, and the advent of high bandwidth network connectivity, such as 5G, which have further increased the demand of the gaming market across regional countries.

• Africa is regarded as one of the significant regions globally with a growing youth population. According to the United Nations, by 2050, Africa's young people, i.e., those aged between 0 and 24 in certain countries of the region, will witness an increase of around 50%. Africa is anticipated to have the most significant number of young people in the coming decade. Hence, Africa's youth is highly crucial to the regional market’s future in gaming.
• According to GSMA, there has been a steady growth of unique mobile subscribers in Sub-Saharan Africa. This trend is expected to continue over the subsequent seven years from 2023, bringing the total to nearly 700 million by the end of 2030. Nigeria and Ethiopia were projected to account for almost a third of the total subscribers in 2030. Mobile penetration in Sub-Saharan Africa was anticipated to reach 50% by 2030. Moreover, this number is expected to increase to 475 million by 2025, among which more than a quarter of these connections will be on a 4G network. Meanwhile, in North Africa, 290 million people own cell phones. This high usage of mobile phones with 5G networks is expected to drive the market significantly.
• Moreover, Nigeria's gaming industry has expanded drastically, benefiting from the large and youthful population, the improving internet penetration rate, and increasing consumer access to internet-enabled devices. The proliferation of connected devices in Nigeria has also led to extensive adoption of the technology, and people from all demographics enjoy digital gaming in its numerous forms. Mobile gaming is prevalent in Nigeria since smartphones and tablets are widely available and affordable.
• However, aspects like the rise in issues like piracy, changing laws and regulations, and various concerns relating to fraud during gaming transactions might be factors that impede the overall growth of the market over the coming years.

Africa Gaming Industry Segmentation

Gaming is referred to as playing electronic games conducted through multiple means, such as computers, mobile phones, consoles, or other mediums. The rising prevalence of high-speed internet connections, especially in emerging economies, has made online gaming practical for more people in recent years. The scope of the research includes mobile, console, and PC browsers and downloaded games.

The African gaming market is segregated by platform (browser PC, smartphone, tablets, gaming console, and downloaded/box PC) and country (Nigeria, Ethiopia, Egypt, Morocco, Kenya, Algeria, and South Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.