Saifi Ismail – Group President – Yalla Group Limited.
As smart devices have rapidly swept across the world, they’ve paved the way for innovative electronic games (apps for smartphones and tablets) and previously unheard-of entertainment platforms that appeal to people from all walks of life and backgrounds.
As a result, the world is full of promising investment opportunities that digital entertainment startups can seize. In a nutshell, this is what the digital entertainment world is all about.
According to a recent report by Newzoo, a trusted source for games and esports analytics and market research, the games market is in a state of constant growth. Consumer spending on electronic games for mobile devices, computers and consoles is set to reach a record $203.1 billion this year—an increase of 5.4% from 2021. Mobile games alone are predicted to contribute to over half of gaming revenues.