Market Size of Middle East And Africa Gaming Headsets Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 126.12 Million |
Market Size (2029) | USD 238.87 Million |
CAGR (2024 - 2029) | 13.64 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Middle East and Africa Gaming Headsets Market Analysis
The Middle East And Africa Gaming Headsets Market size is estimated at USD 126.12 million in 2024, and is expected to reach USD 238.87 million by 2029, growing at a CAGR of 13.64% during the forecast period (2024-2029).
- The gaming headsets market in the Middle East and Africa (MEA) is experiencing substantial growth, driven by several factors, including the increasing popularity of eSports, the rising number of gaming enthusiasts, and the growing adoption of advanced technologies. As the region's digital infrastructure continues to improve, more consumers are engaging in online gaming, creating a heightened demand for high-quality audio accessories.
- Countries like Saudi Arabia and the UAE have significant investments in gaming infrastructure and events. Additionally, the proliferation of smartphones and mobile gaming has further expanded the market, making gaming accessible to a broader audience.
- In May 2024, the "Saudi Internet Report 2023," introduced by the Communications, Space and Technology Commission (CST), indicated that internet usage in the Kingdom has increased and reached 99% of users. Domain use was distributed almost equally among both genders, with 99.3% of males and 98.5% of females using internet services.
- In addition to this, as per the Social Development Bank (SDB), the video games market in Saudi Arabia is anticipated to be approximately USD 1 billion, and the country intends to augment the market value up to USD 2.5 billion by 2030.
- Several companies are tapping into this growing market. For instance, Razer Inc. has established a strong foothold in the region with its key gaming headsets that feature advanced audio technology and ergonomic designs. Local distributors and retailers are also playing a crucial role in making these products more accessible to consumers across various MEA countries.
- Overall, the market is also benefiting from an increasing number of regional gaming events and competitions, boosting the visibility of gaming peripherals and encouraging consumer spending on high-quality gear. Overall, the Middle East and Africa gaming headsets market is poised for continued growth, fueled by technological advancements, rising disposable incomes, and a vibrant gaming culture.