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Cotyledon Advisory
Planting the Future!

E-Gaming in KSA
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Table of Contents
Name Page Number
Letter to the Director 4
Current Challenges 5
FinTech Lab & Procedures 6
Current System Problems 7
Evaluation of FinTech Applications 8
Research Function 9
Increase Role of FinTech in Capital Markets 11
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E Gaming Market In MENA

Top Players in MENA 2021

Revenue in million US dollars

900 808
800
700
600
500 431
400
300 280
192
200 139 107 105 102 85 80
100
0
Saudi Arabia Iran United Arab Emirates Egypt Morocco Algeria Iraq Lebanon Qatar Kuwait

Gaming User by Age KSA Gaming User by Age UAE

44.8%
29.8%
27.0%

19.9% 28.7%

14.3%

8.9% 13.0% 12.1%

1.4%

2021 2021
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E Gaming Market In KSA

Demand Drivers KSA Market

Government Initiatives
• The Kingdom of Saudi Arabia is the biggest player in the MENA
games market
Internet Penetration & Affordable Plans • There are more The Kingdom is the 19th biggest gaming
market in the world and is currently experiencing an enormous
growth
Young Population • Driven by just under 21 million mobile gamers, Saudi Arabia’s
mobile games market was projected to generate more than
USD 951million in 2022
Large Scale Development of Unique Games

Market Size

1600 Revenue by Segment

1391
1400 1322
1253
1200 1170
1071
1000 951
808
800
637
600 448
400 261.4 304.7
148.1 166 170 179 186 190 194 198
200 86.42 102.1 121.2 60 65 70
5 12.83 25.38 33.12 39 43 49 55
0
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Download Games Gaming Network Total Online Games

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Support in KSA: Savvy Games Group

• Savvy Games, which is owned by Saudi Arabia’s Public Investment Fund (PIF). As a part of Savvy’s investment strategy, They will
invest SAR 142 billion across four programs each with specific objectives; SAR 50 billion has been earmarked for the acquisition and
About the
development of a leading game publisher to become a strategic development partner. SAR 70 billion will see Savvy make a series of
Program minority stake investments to support Savvy’s game development agenda. SAR 2 billion in diversified investments to grow early-stage
games and esports companies. SAR 20 billion invested into mature industry partners who add value and expertise to Savvy’s portfolio

• Saudi gaming studios are expected to benefit from the plan, and a target has been set for the studios to produce more than 30 games in
Benefits the Kingdom by 2030. A total of 20 government entities will implement and manage 86 new initiatives. as Savvy will invest in several
local and international programs and infrastructure in order to provide training, education and entrepreneurship opportunities

Benefits to • The aim of this program is to attract international companies to Saudi Arabia through investments and partnerships that will contribute to
International providing skills, knowledge transfer and building capabilities in the whole ecosystem. It will also establish 250 games companies in the
Players Kingdom, which will create 39,000 jobs, and raise the sector’s GDP contribution to SAR 50 billion by 2030

• The Crown Prince is also the chairman of the board of Savvy Games. It will involve business incubators, new educational academies,
Stakeholders
and regulation intended to stimulate growth of the industry
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Support in KSA: Ignite Program

• The Digital Content Council has announced the launch of Ignite, a new program that will establish the Kingdom of Saudi Arabia as a
About the
leading digital media, entertainment, and audio-visual content production hub. The program aims to create a comprehensive ecosystem
Program that will attract digital content companies and foster the growth of the local content and media creation sector

Investment • The program is backed by an investment of $1.1 billion to support. This is in addition to The program is in addition to the cinema support
Backed fund which will be allocated for infrastructure with the development, production, and distribution of local films, and to another fund
Program centered on the development of video games with the creation of infrastructure such as development studios

Benefits to • To attract more local and international partners to the Ignite program, Saudi Arabia will also improve intellectual property protection
International measures. Local and international partners will be able to benefit from a “one-stop investor window” that will facilitate investment
Players processes in the Saudi digital economy

Program • It includes initiatives such as financial support for local, regional, and international companies and start-ups, infrastructure development,
Focused talent development and improvement policy and regulation to allow the sector to grow rapidly
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Support in KSA: Other Programs

CITC WiFi 6E LAUNCH AND LEO SATELLITE TECHNOLOGY

• The Kingdom announced the launch of WiFi 6E, supported by the largest amount of spectrum available for WiFi of any country
About the worldwide. The combination of state-of-the-art technology and record amount of spectrum will allow Saudi Arabia to benefit from the
Program fastest achievable WiFi speeds globally (2.4 Gbps). Enabling this advanced connectivity is expected to quadruple WiFi's overall
contribution to Saudi Arabia's GDP rising from US$4.7 billion in 2021 to more than US$18 billion by 2030

• The Kingdom's WiFi upgrade is supported with other initiatives, including the first regional trial of Low Earth Orbit (LEO) satellite
Support with
technology to extend reliable coverage to remote areas of the Kingdom. CITC will also hold a frequency auction during the first half of
Other Initiatives this year, a development which is likely to place Saudi first globally for spectrum available to 5G networks

TREND MICRO

About the • Trend Micro announced the opening of its regional Middle East & Africa (MEA) headquarters in Riyadh, a security data lake, a
Program cybersecurity center of excellence and other investments in Saudi Arabia totaling over US$50 million

• The investments aim to amplify Trend Micro's continued commitment to protect public and private organizations in the Kingdom and
Benefits
across the entire region
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Why choose KSA?

Our Strengths

KSA UAE

Government support ✔
🗶
Continuous new initiative by Government ✔
🗶
Bigger market ✔ ✔
Potential ✔
🗶
Cost wise effective ✔ ✔
New player entrance ✔ ✔
Funding Access ✔ 🗶
✔ ✔
✔
🗶
✔
🗶
✔
🗶
✔
🗶

SUMMARY SLIDE
TITLE 01
KSA is the biggest Market for e-gaming in
MENA region , whereas UAE and Egypt
stand 2nd and 3rd respectively
TITLE 02
Make a big impact with professional
slides, charts, infographics and more.
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TITLE 03
KSA market is driven by young
population, government support, internet
penetration and affordable plans & large
scale development of games
TITLE 04
Make a big impact with professional
slides, charts, infographics and more.
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Cotyledon Support
Our Support