
Published On: Aug 2024
Published On: Aug 2024
According to Business Market Insights’ research, the Middle East & Africa gaming controller market was valued at US$ 117.36 million in 2022 and is anticipated to reach US$ 183.57 million by 2030, recording a CAGR of 5.8% from 2022 to 2030. Rapid expansion of gaming sector and emergence of new gaming platforms are among the critical factors attributed to drive the Middle East & Africa gaming controller market growth.
The rapid growth of the gaming sector drives the gaming controller market. With technology advancing rapidly, customers can expect further innovations in the gaming sector. Industry experts predict increased integration of virtual reality (VR) and augmented reality (AR) technologies in game controllers, providing gamers with even more immersive experiences. The proliferation of gaming platforms, including consoles, PCs, and mobile devices, has significantly expanded the gaming audience. Each platform may have its unique controller requirements, leading to a diverse market for controllers that cater to different gaming ecosystems. Cloud gaming services, such as Microsoft xCloud, Google Stadia, and NVIDIA GeForce Now, allow gamers to stream games without the need for high-end hardware. This shift has led to the development of controllers with features optimized for cloud gaming, emphasizing low latency and seamless connectivity. Also, the gaming sector has witnessed a surge in engagement, with more people participating in esports, live streaming, and competitive gaming. This heightened engagement creates a demand for high-performance controllers that offer precision, customization, and durability, meeting the needs of serious gamers. The gaming industry has transcended age and gender boundaries, attracting a diverse audience. As gaming becomes more inclusive, the demand for controllers with user-friendly designs, accessible features, and ergonomic considerations increases to cater to a broad range of players. Thus, the rapid expansion of the gaming sector, coupled with the diverse needs of gamers across different platforms and gaming styles, is propelling the gaming controller market forward.
On the contrary, increase in counterfeit controllers hampers the growth of Middle East & Africa gaming controller market.
Based on product type, the Middle East & Africa gaming controller market is segmented into gamepad, joystick, trackball, steering wheel, throttle quadrant, and others. The gamepad segment held 37.9% market share in 2022, amassing US$ 44.44 million. It is projected to garner US$ 75.64 million by 2030 to register 6.9% CAGR during 2022–2030.
In terms of compatibility, the Middle East & Africa gaming controller market is segmented into pcs, console, and mobile. The pcs segment held 45.9% share of Middle East & Africa gaming controller market in 2022, amassing US$ 53.85 million. It is anticipated to garner US$ 76.39 million by 2030 to expand at 4.5% CAGR during 2022–2030.
By connectivity, the Middle East & Africa gaming controller market is divided into wired and wireless. The wired segment held 66.6% share of Middle East & Africa gaming controller market in 2022, amassing US$ 78.15 million. It is projected to garner US$ 113.11 million by 2030 to expand at 4.7% CAGR from 2022 to 2030.
Based on distribution channel, the Middle East & Africa gaming controller market is bifurcated into offline and online. The offline segment held 62.8% share of Middle East & Africa gaming controller market in 2022, amassing US$ 73.75 million. It is predicted to garner US$ 106.90 million by 2030 to expand at 4.7% CAGR between 2022 and 2030.
By end use, the Middle East & Africa gaming controller market is bifurcated into personal and commercial. The personal segment held 64.7% share of Middle East & Africa gaming controller market in 2022, amassing US$ 75.90 million. It is estimated to garner US$ 111.56 million by 2030 to expand at 4.9% CAGR during 2022–2030.
Based on country, the Middle East & Africa gaming controller market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 36.9% share of Middle East & Africa gaming controller market in 2022. It was assessed at US$ 43.33 million in 2022 and is likely to hit US$ 64.07 million by 2030, registering a CAGR of 5.0% during 2022–2030.
Key players operating in the Middle East & Africa gaming controller market are Microsoft Corp, Logitech International SA, Corsair Gaming Inc, Mad Catz Global Ltd, Sabrent, Sony Group Corp, and Nintendo Co Ltd, among others.
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