Newzoo, the leading provider of games market data and insights, in collaboration with Carry1st, Africa’s prominent publisher of games and digital content, has released a groundbreaking report that uncovers the thriving landscape of the African gaming industry.
Amidst a global downturn in the gaming industry, the African gaming market has become a beacon of growth, defying prevailing trends and poised to surpass the remarkable milestone of $1 billion by 2024. The driving force behind this unprecedented surge? The rapid expansion of mobile gaming.
Carry1st’s commissioned report reveals staggering projections for the Sub-Saharan Africa gaming market, with forecasts surpassing the $1 billion threshold by 2024, followed by an estimated growth rate of 10.6% the following year.