Oman Online Gaming Market Overview
Oman Online Gaming market is anticipated to witness significant growth during the forecast period. Online gaming is majorly opted by youths of the Sultanate within the age group 15-30. In earlier days, a career in sports was only about football and cricket. However, at present and in the near future, E-sports has also opted as a profession. The worldwide growing awareness about online gaming is also influencing the people of the nation to opt for gaming as a career. In the past, there was a decline in the market in 2019 on account of ban of one of the most popular computer games. However, due to the outburst of COVID-19, people were quarantined, due to it lot of people had limited access to modes of entertainment. Therefore, people of Sultanate opted online gaming as a source of entertainment.
According to 6Wresearch, Oman Online Gaming Market size is projected to grow at a CAGR of 12.2% during 2021-2027. By gaming platform, mobile gaming acquired the majority of the revenue share in the overall market. The growth trend has been boosted by increasing smartphones, rising mobile connections and lowering data connection costs. Further, the availability of high graphics and fast processors makes the gaming experience fast and smooth which drives the growth of mobile gaming. Additionally, the emergence of cloud gaming for mobiles is also driving mobile gaming owing to the reason that gamers do need not install additional apps on their mobile phone. By purchasing subscriptions, any individual could play games and compete with worldwide gamers. A similar trend of mobile gaming being the leader is expected to be followed in the coming years.
Market by Region Analysis
By Region, North region acquired the majority share in revenues for the year 2020 owing to the reason that more than 90% of population reside in north. In the forthcoming years, north would continue to hold the majority share in revenues.
Key Highlights of the Report
- Oman Online Gaming Market Overview
- Oman Online Gaming Market Outlook
- Oman Online Gaming Market Forecast
- Oman Online Gaming Market Trends
- Oman Online Gaming Market Industry Life Cycle
- Oman Online Gaming Market Drivers and Restraints
- Porter’s Five Force Analysis
- Key Strategic Recommendations
- Market Opportunity Assessment
- Oman Online Gaming Market Share
- Historical Data Forecast of Oman Online Gaming Market Revenues for the Period 2017-2020
- Oman Online Gaming Market Overview on Competitive Benchmarking, by Technical and Operating Parameters
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