1 minute read
Gaming market in Africa (2020 - 2025)
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 ofvideo games in the continent.
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 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 as they are the most prevalent people towards the same.