Introduction
The WAVES Summit in Mumbai serves as a focal point for discussing the rise of games and esports, facilitating new partnerships and ideas, particularly between India and Saudi Arabia.
Saudi Arabia's Vision 2030 and Gaming Strategy
- Guided by Vision 2030, Saudi Arabia is positioning games and esports as key future economic pillars.
- The National Gaming and Esports Strategy launched in 2022 aims to transform Saudi Arabia into a global hub by 2030 with:
- Creation of over 39,000 jobs
- $13 billion GDP contribution
- Over 100 professional teams among 21 million gamers
- Esports World Cup debuted in Riyadh with 200 clubs, 1,500 athletes, 2 million visitors, and 500 million viewers, symbolizing the potential for cross-cultural collaboration and industry growth.
Collaboration between Saudi Arabia and India
- Both nations are investing in building ecosystems where technology, creativity, and talent intersect, aligned under the leadership of Crown Prince Mohammed bin Salman and Prime Minister Modi.
- Saudi Arabia provides Indian developers a supportive launchpad while offering world-class venues for esports teams.
Saudi Esports Federation's Role
- Promoting youth innovation and career growth in gaming, with women comprising nearly half of the gaming community.
- Unity across the gaming ecosystem, involving government, federations, investors, and private sector under Vision 2030 goals.
Global Gaming Industry Outlook
- The global gaming industry is projected to reach $600 billion by 2030.
- Emerging markets like Saudi Arabia are key drivers of this expansion, emphasizing collaboration.
Conclusion
Saudi Arabia invites collaboration with India and the global community to build an innovative gaming ecosystem that benefits all, reflecting the diversity and ambition of the Global South.
