Saudi Arabia’s Crown Prince Mohammed bin Salman bin Abdulaziz Al-Saud unveiled the National Gaming and Esports Strategy on Thursday.
The strategy of Saudi Arabia esports points out:
- the beginning of a leading new era towards esports
- a global hub for the gaming industry by 2030
- the creation of 39,000 new job opportunities by 2030.
- production more than 30 competitive games in the Kingdom’s studios
- by raising the quality of players’ life, providing new entertainment opportunities to achieve an economic impact by contributing to the GDP by about 50 billion riyals (currency)
- becoming one of the top three countries containing the highest number of professional esports players.
‘The National Gaming and Esports Strategy is driven by the creativity and energy of our citizens and gamers, who are at the heart of the strategy,’ said the Saudi Arabia Crown Prince.
It also serves the Saudi Vision 2030 objectives, which aim to diversify Saudi Arabia’s economy, create new job opportunities in different industries and ‘provide world-class entertainment’ to residents and visitors.
The country intends to implement the strategy through 86 initiatives covering the entire value chain, which was launched and managed by more than 20 government and private entities.
These initiatives are divided into eight focus areas, which include technology and hardware development, game production, e-sports, additional services, and other aspects such as infrastructure, regulations, education and talent acquisition.
The gaming and esports sector is considered the fastest growing among all media sectors, and is expected to reach $200 billion by 2023. It also confirms the kingdom’s position as a geographical link between the East and West.
The Crown Prince’s announcement comes in the wake of the 10-week Gamers8 festival, which closed with The Next World Forum, and which saw Saudi and international gamers take part in the biggest event of its kind globally.