Egypt, South Africa, Nigeria video gaming to hit $2 billion

Egypt, South Africa, Nigeria video gaming to hit $2 billion

The video gaming industry in Egypt, South Africa, and Nigeria is poised to reach a combined value of $2 billion by the end of 2023.


For South Africa, revenue in the video games market is projected to reach $558.40 million in 2023, with an expected annual growth rate (CAGR 2023-2027) of 7.51%.

The global video gaming industry is set to reach an estimated $334 billion by the close of the year with mobile gaming leading the charge in revenue.

This is based on data compiled by Nairametrics on Statista. According to analysis, Egypt takes the lead with a projected revenue of $983.80 million, while South Africa and Nigeria follow closely with revenues of $558.40 million and $483.40 million, respectively.

This report encompasses a broad spectrum of products within the video games market, including console games, PC games, mobile games, and online games, along with associated hardware and accessories like gaming consoles, controllers, and virtual reality headsets.

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