The Gaming Market in Africa – Projected Trends in Growth (2020-2025)
The gaming industry is expected to experience some changes, with one of them being a growth of 12% in CAGR between the year 2020 and 2025. The most current development is the growth of the presence of multifunctional gaming consoles that have developed popularity over the years in an emerging market that is aiding in the development of video games in the continent.
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as they are the most prevalent people towards the same.
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ome of the reasons behind these changes in Africa may include:
Africa is the only continent in the world that is experiencing an increase in the population of the youth, and it is projected that by the year 2050, most
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of those between the ages of 0 and 24 may increase by an approximate percentage of 50. This implies that the number of young people will be significantly high as compared to the elder ones. The youth are essential in the future of the development of online and mobile gaming
Studios in Africa are shifting in the development of digital content, especially with channels such as Netflix. Some of the locally developed content have received global nominations for awards, including some getting Oscar’s calls. In 2020 during the Annecy Festival, most of the focus will be on animations that are developed from Africa. Additionally, most initiatives by the government will implement the use of games as a way of promoting education among children in schools. Such developments will provide a boost for the gaming industry within the region as it would require developers for the same.
