Savvy Games Group, a subsidiary of the Public Investment Fund, has released its 2024 annual report, showcasing the rapid growth of Saudi Arabia’s gaming sector and the group’s performance throughout the year.
- Saudi Arabia ranked first in the MENA region with total gaming industry revenues reaching $1.19 billion in 2024, supported by a player base of more than 25.8 million gamers.
- The Kingdom’s gaming revenues are projected to hit $1.64 billion by 2028, with a compound annual growth rate (CAGR) of 8.2%.
- At the regional level, gaming revenues in the Middle East and North Africa reached $5.6 billion in 2024, with forecasts to grow to $6.94 billion by 2027, at a 7.3% CAGR.
- Scopely, a Savvy-owned company, reinforced the group’s global position in game publishing, with its blockbuster mobile title “MONOPOLY GO!” generating over $3 billion in record time.
- In recognition of its impact, Scopely was named to the TIME100 list of the World’s Most Influential Companies 2024, alongside Epic Games as the only two gaming firms honored.
