The Latin America, Middle East and Africa Gaming PC Market would witness market growth of 15.5% CAGR during the forecast period (2023-2030).
The increase in internet usage has helped many manufacturers of gaming PCs and accessories, fundamentally altered the gaming industry, and significantly boosted their profit margins. Along with the expansion of social media and the Internet, online gaming has grown in popularity. Online gaming is becoming increasingly popular as it becomes more accessible and cost-free. Both the continued growth in Internet users and the rising number of people having gaming subscriptions as well as accounts are important business pressures. As more people utilize the Internet, online entertainment is becoming more popular.
Since its inception, the Internet has altered how individuals communicate and pass their free time. The demand for gaming PC is also expanding due to rising internet subscription usage. The demand for gaming PCs and specialized equipment therefore rises. As a result, the market will grow as more people utilize the Internet and play online games.
According to the Saudi Esports Federation, the Kingdom of Saudi Arabia (KSA) will host gamers season (Gamers8) in Riyadh in 2022, the world's biggest video games and electronic sports event. Through several competitive events, the gamers season, with the theme "Your Portal to the Next World," offered esports and video game fans a distinctive experience. The top worldwide teams and individuals competed in this "elite competition," which had a total prize fund of USD 15 million and included various open-to-the-public educational and entertaining activities and events. Video games are being played by approximately 23.5 million individuals in the KSA, with almost every family having at least one member who enjoys them greatly. Thus, in the upcoming years, these factors will help the market in the LAMEA region to grow.
The Brazil market dominated the LAMEA Gaming PC Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,383.1 million by 2030. The Argentina market is experiencing a CAGR of 16.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 15.2% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Product, the market is segmented into Desktop, Laptop and Peripherals. Based on Price Range, the market is segmented into Mid-range, Low-range and High-end. Based on End User, the market is segmented into Professional Gamers, Casual Gamers and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Gaming PC Market is Projected to reach USD 125.5 Billion by 2030, at a CAGR of 12.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Acer, Inc., Advanced Micro Devices, Inc., Dell Technologies, Inc. (Alienware), Corsair Gaming, Inc., NVIDIA Corporation, HP, Inc., Lenovo Group Limited, Razer, Inc., Samsung Electronics Co., Ltd. (Samsung Group) and Micro-star International Co., Ltd.
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