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GCC Gamefi Market

ID: MRFR/ICT/58086-HCR
200 Pages
Aarti Dhapte
October 2025

GCC GameFi Market Research Report By Application (Android, Windows, iOS), By Types of NFTs (Accessories, Lands, Bundles, Runes, Weapons, Outfits, Others), By Model (Free-2-Play, Play-2-Earn) and By Game Type (NFT, Crypto) - Forecast to 2035

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GCC Gamefi Market Infographic
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GCC Gamefi Market Summary

As per MRFR analysis, the GCC gamefi market Size was estimated at 326.98 USD Million in 2024. The gamefi market is projected to grow from 420.17 USD Million in 2025 to 5159.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 28.5% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The GCC gamefi market is experiencing robust growth driven by innovative gaming models and technological advancements.

  • The largest segment in the GCC gamefi market is mobile gaming, which continues to dominate due to widespread smartphone adoption.
  • The fastest-growing segment is NFT gaming, reflecting a surge in interest among gamers and investors alike.
  • Emerging play-to-earn models are reshaping the gaming landscape, attracting a diverse player base eager for financial rewards.
  • Key market drivers include rising mobile gaming adoption and increased investment in esports, which are fueling market expansion.

Market Size & Forecast

2024 Market Size 326.98 (USD Million)
2035 Market Size 5159.0 (USD Million)
CAGR (2025 - 2035) 28.5%

Major Players

Animoca Brands (AU), Sky Mavis (VN), Dapper Labs (CA), Immutable (AU), Gala Games (US), Mythical Games (US), The Sandbox (FR), Yield Guild Games (PH)

GCC Gamefi Market Trends

The gamefi market in the GCC region is currently experiencing a notable transformation, driven by the increasing integration of blockchain technology and the growing popularity of play-to-earn models. This shift appears to be attracting a diverse audience, including both traditional gamers and those new to the gaming landscape. The rise of mobile gaming, coupled with enhanced internet connectivity, seems to facilitate greater access to gamefi platforms, thereby expanding the user base. Furthermore, local governments are reportedly supportive of digital innovation, which may foster a conducive environment for the growth of this sector. In addition, the gamefi market is likely to benefit from the increasing investment in digital infrastructure and the establishment of regulatory frameworks that promote safe and secure transactions. The collaboration between gaming companies and financial institutions could potentially enhance the monetization strategies within this market. As the landscape evolves, it is essential to monitor consumer preferences and technological advancements that may influence future developments in the gamefi market.

Emergence of Play-to-Earn Models

The play-to-earn model is gaining traction within the gamefi market, allowing players to earn rewards through gameplay. This trend appears to resonate particularly well with younger audiences, who are increasingly seeking ways to monetize their gaming experiences. As a result, developers are likely to focus on creating engaging content that incentivizes participation.

Integration of Blockchain Technology

Blockchain technology is becoming a cornerstone of the gamefi market, providing transparency and security for transactions. This integration may enhance user trust and encourage more players to engage with gamefi platforms. Additionally, the use of non-fungible tokens (NFTs) is expected to rise, allowing players to own unique in-game assets.

Government Support for Digital Innovation

Governments in the GCC region are reportedly fostering an environment conducive to digital innovation, which may positively impact the gamefi market. Initiatives aimed at promoting technology adoption and investment in digital infrastructure could lead to increased participation and growth in this sector.

GCC Gamefi Market Drivers

Rising Mobile Gaming Adoption

The gamefi market in the GCC is experiencing a notable surge in mobile gaming adoption. With over 70% of the population owning smartphones, the accessibility of mobile games is driving engagement. This trend is particularly pronounced among younger demographics, who are increasingly drawn to mobile platforms for gaming. The convenience of mobile gaming allows players to participate in gamefi activities anytime and anywhere, thus expanding the user base. Furthermore, the proliferation of high-speed internet and affordable data plans enhances the gaming experience, making it more appealing. As mobile gaming continues to dominate, the gamefi market is likely to see increased investment and innovation, potentially leading to new gamefi titles and features tailored for mobile users.

Growing Interest in NFT Gaming

The rise of non-fungible tokens (NFTs) is significantly influencing the gamefi market in the GCC. NFTs offer unique ownership of in-game assets, which has captured the attention of gamers and investors alike. In 2025, the NFT gaming sector is projected to account for a substantial portion of the overall gamefi market revenue. This trend is fostering a new economic model where players can buy, sell, and trade digital assets, creating a vibrant marketplace. The allure of owning exclusive items and the potential for profit are driving engagement. As more developers explore NFT integration, the gamefi market is likely to witness innovative gameplay mechanics and monetization strategies.

Increased Investment in Esports

Investment in esports is becoming a significant driver for the gamefi market in the GCC. The region has witnessed a surge in esports tournaments, attracting both local and international players. In 2025, the esports market in the GCC is projected to reach approximately $1 billion, indicating a robust growth trajectory. This influx of capital is not only enhancing the competitive landscape but also fostering partnerships between game developers and esports organizations. As esports gains traction, it creates a symbiotic relationship with the gamefi market, where players can earn rewards through participation. This dynamic is likely to attract a broader audience, further stimulating growth and innovation within the gamefi sector.

Adoption of Cryptocurrency Payments

The integration of cryptocurrency payments is emerging as a pivotal driver for the gamefi market in the GCC. As digital currencies gain acceptance, game developers are increasingly incorporating crypto payment options into their platforms. This shift allows players to transact seamlessly, enhancing the overall gaming experience. In 2025, it is estimated that around 30% of gamers in the region may prefer using cryptocurrencies for in-game purchases. This trend not only facilitates faster transactions but also appeals to a tech-savvy audience that values privacy and security. Consequently, the gamefi market is likely to evolve, with more developers exploring blockchain technology to enhance transparency and trust in transactions.

Expansion of Internet Infrastructure

The expansion of internet infrastructure is a crucial driver for the gamefi market in the GCC. Governments in the region are investing heavily in enhancing connectivity, with initiatives aimed at achieving widespread high-speed internet access. By 2025, it is anticipated that over 90% of households will have access to reliable internet services. This improved connectivity is essential for online gaming, enabling smoother gameplay and reducing latency issues. As more players gain access to high-speed internet, the gamefi market is expected to grow, attracting a larger audience. This trend may also encourage developers to create more complex and immersive gaming experiences, further stimulating market growth.

Market Segment Insights

GameFi Market Application Insights

The Application segment of the GCC GameFi Market holds a significant position within the broader gaming ecosystem, reflecting how digital engagement has transformed entertainment in the region. With the GCC countries investing heavily in digital infrastructure and increasing internet penetration, there has been a noticeable shift towards mobile and desktop gaming applications.

In this dynamic landscape, popular operating systems like Android, Windows, and iOS have emerged as crucial platforms driving user participation and monetization in the GameFi sector.Android, with its extensive user base, significantly contributes to the accessibility of GameFi applications, allowing developers to reach a diverse audience and facilitating integration with various blockchain technologies. 

Windows, known for its robust performance and gaming capabilities, serves as a preferred platform for hardcore gamers, thus ensuring a stable market presence for GameFi applications targeted at a more traditional gaming demographic. Meanwhile, iOS maintains a reputation for quality and exclusivity, enabling numerous high-revenue GameFi applications that attract users willing to invest in premium gaming experiences.

The increasing mobile gaming trend in the GCC, characterized by a burgeoning younger population, propels demand for innovative GameFi applications, where players can engage in earning real-world rewards through their gaming activities. Additionally, the regional government's support for digital initiatives further enhances the ecosystem, creating abundant opportunities for growth and collaboration among developers and players alike. 

Underpinned by rising disposable incomes and changing consumer behaviors towards gamified finance experiences, the Application segment of the GCC GameFi Market not only demonstrates impressive potential but also establishes a foundation for diverse gaming applications across various operating systems, paving the way for a thriving gaming culture in the region.As the region continues to embrace advancements in blockchain and decentralized finance, the significance of this segment is expected to grow, further enhancing the GCC GameFi Market's position on the global stage. 

GameFi Market Types of NFTs Insights

The Types of NFTs segment within the GCC GameFi Market is characterized by various categories that cater to diverse gamer interests and investment opportunities. Accessories, Lands, and Weapons represent essential components that players seek to enhance their gaming experience and character development. Accessories such as visual enhancements and in-game items significantly contribute to player engagement. Lands offer unique virtual real estate opportunities, allowing users to build and customize their environments, which is becoming increasingly popular in gaming communities.

Bundles that combine multiple items facilitate easier access to comprehensive sets for players, while Runes often have practical applications in boosting character abilities within gameplay, making them sought after. Outfits contribute to personalization, which is a growing trend as players prefer to showcase their individual styles in virtual worlds. The Others category captures miscellaneous yet significant offerings that support various gameplay mechanics.

As the GCC region invests in digital innovation and seeks to establish itself as a hub for the gaming industry, these categories within the GCC GameFi Market segmentation are likely to grow, reflecting the evolving preferences of players and the expanding adoption of blockchain technology in gaming.

GameFi Market Model Insights

The GCC GameFi Market showcases a dynamic blend of models that contribute significantly to its growth trajectory. The Free-2-Play model has become increasingly popular, attracting a diverse player base by offering accessible gaming experiences without upfront costs. This model encourages user engagement, leading to high retention rates and larger audiences, which is essential in the rapidly expanding GCC region.

Meanwhile, the Play-2-Earn model is revolutionizing how players interact with online games, allowing them to earn real-world value through gameplay.This model resonates particularly well within the GCC, where innovative digital economies are being fostered, and entrepreneurial aspirations are flourishing among the youth. 

As players in the GCC increasingly seek immersive experiences that offer both entertainment and financial incentives, these models have become fundamental to the GCC GameFi market dynamics. The combination of these approaches enhances revenue potential and drives industry growth, supporting a competitive landscape fueled by technological advancements and increasing investment in gaming infrastructure.Furthermore, market trends indicate a growing appetite for blockchain integration and cryptocurrency usage in gaming, highlighting the region's adaptability and inclination towards futuristic digital solutions.

GameFi Market Game Type Insights

The GCC GameFi Market is witnessing substantial growth, particularly in the Game Type segment, which encompasses various innovative elements like NFT and Crypto gaming. This segment has garnered significant attention as NFTs provide unique ownership experiences, enhancing player engagement and creating new revenue opportunities. In recent years, the adoption of cryptocurrencies in gaming has reshaped monetization strategies, allowing players to earn, invest, and trade their in-game assets securely and efficiently. The region has seen an increasing number of gaming startups incorporating blockchain technology, driven by supportive government initiatives aimed at diversifying the economy and fostering technology-driven sectors.

These initiatives align well with the burgeoning interest in gaming among the youth demographic in the GCC. Notably, NFT and Crypto gaming not only stimulate market activity but also enrich the overall gaming experience by integrating elements of tradable assets and decentralized finance. As the demand for immersive and rewarding gaming experiences continues to rise, the Game Type segment is expected to play a pivotal role in shaping the future of the GCC GameFi Market, driven by innovative technologies and a vibrant gaming community.

Get more detailed insights about GCC Gamefi Market

Key Players and Competitive Insights

The gamefi market exhibits a dynamic competitive landscape characterized by rapid innovation and strategic partnerships. Key players such as Animoca Brands (AU), Sky Mavis (VN), and Gala Games (US) are at the forefront, leveraging their unique strengths to capture market share. Animoca Brands (AU) focuses on expanding its portfolio through acquisitions and collaborations, enhancing its position in the blockchain gaming sector. Sky Mavis (VN), known for its flagship product Axie Infinity, emphasizes community engagement and user-generated content, which fosters a loyal player base. Meanwhile, Gala Games (US) is actively pursuing regional expansion, particularly in the GCC, by localizing its offerings to cater to diverse player preferences. Collectively, these strategies contribute to a competitive environment that is both fragmented and rapidly evolving, as companies vie for dominance in a burgeoning market.

The business tactics employed by these companies reflect a keen awareness of the market's structure, which is moderately fragmented yet increasingly competitive. Localizing game content and optimizing supply chains are pivotal strategies that enhance operational efficiency and customer satisfaction. The influence of major players is pronounced, as their actions often set industry standards and trends, compelling smaller entities to adapt or innovate in response.

In October 2025, Animoca Brands (AU) announced a strategic partnership with a leading GCC-based gaming studio to co-develop a new blockchain game tailored for regional audiences. This move is significant as it not only strengthens Animoca's foothold in the GCC but also aligns with its strategy of leveraging local expertise to enhance game relevance and appeal. Such collaborations are likely to yield a more engaged player community and drive revenue growth.

In September 2025, Sky Mavis (VN) launched a new initiative aimed at integrating AI-driven features into its gaming ecosystem. This initiative is crucial as it enhances gameplay experiences and positions Sky Mavis as a pioneer in utilizing advanced technologies within the gamefi sector. The incorporation of AI could potentially lead to more personalized gaming experiences, thereby attracting a broader audience and increasing player retention rates.

In August 2025, Gala Games (US) unveiled a new funding round aimed at expanding its game development capabilities and enhancing its blockchain infrastructure. This funding is vital for scaling operations and ensuring that Gala remains competitive in a landscape where technological advancements are paramount. The ability to innovate rapidly will likely determine the long-term success of Gala Games in the gamefi market.

As of November 2025, current trends indicate a strong emphasis on digitalization, sustainability, and the integration of AI technologies within the gamefi market. Strategic alliances are increasingly shaping the competitive landscape, as companies recognize the value of collaboration in driving innovation. Looking ahead, competitive differentiation is expected to evolve, with a shift from traditional price-based competition towards a focus on technological innovation, enhanced user experiences, and reliable supply chains. This transition underscores the necessity for companies to adapt and innovate continuously to maintain relevance in an ever-changing market.

Key Companies in the GCC Gamefi Market market include

Industry Developments

Recent developments in the GCC GameFi Market have seen significant growth, with companies like Animoca Brands and Gala Games increasing their investment in blockchain-based gaming projects. Unity Technologies has announced partnerships with local game developers, which aim to enhance game development capabilities across the GCC. The growth of GameFi has also attracted attention from major players like Ubisoft and Nexon, who are exploring the introduction of play-to-earn models tailored to the Gulf audience. 

Several GameFi sessions were held during the Future Blockchain Summit 2024, further solidifying Dubai's standing as a regional GameFi hub. With a US$ 60 million prize pool, Saudi Arabia hosted the first-ever Esports World Cup from July to August 2024, demonstrating the region's increased commitment to digital ecosystems. 

This strengthening of ties reflects the region's commitment to embracing innovative gaming technologies. The GCC GameFi market is estimated to grow at a compound annual growth rate (CAGR) of 30% by 2025, further solidifying its position as a thriving hub for gaming innovation.

Future Outlook

GCC Gamefi Market Future Outlook

The gamefi market is projected to grow at a 28.5% CAGR from 2024 to 2035, driven by technological advancements, increased user engagement, and evolving monetization strategies.

New opportunities lie in:

  • Development of blockchain-based gaming platforms for secure transactions.
  • Integration of AI-driven analytics for personalized gaming experiences.
  • Expansion of in-game advertising partnerships to diversify revenue streams.

By 2035, the gamefi market is expected to achieve substantial growth and innovation.

Market Segmentation

GCC Gamefi Market Game Type Outlook

  • NFT
  • Crypto

GCC Gamefi Market Game Model Outlook

  • Free-2-Play
  • Play-2-Earn

GCC Gamefi Market Application Outlook

  • Android
  • Windows
  • iOS

GCC Gamefi Market Type of NFTs Outlook

  • Accessories
  • Lands
  • Bundles
  • Runes
  • Weapons
  • Outfits
  • Others

Report Scope

MARKET SIZE 2024 326.98(USD Million)
MARKET SIZE 2025 420.17(USD Million)
MARKET SIZE 2035 5159.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 28.5% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled ["Animoca Brands (AU)", "Sky Mavis (VN)", "Dapper Labs (CA)", "Immutable (AU)", "Gala Games (US)", "Mythical Games (US)", "The Sandbox (FR)", "Yield Guild Games (PH)"]
Segments Covered Application, Type of NFTs, Game Model, Game Type
Key Market Opportunities Integration of blockchain technology enhances user engagement and monetization in the gamefi market.
Key Market Dynamics Rising consumer interest in blockchain gaming drives innovation and competition within the GameFi market.
Countries Covered GCC

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FAQs

What is the expected market size of the GCC GameFi Market by 2035?

The GCC GameFi Market is projected to reach a valuation of approximately 12774.2 USD Million by 2035.

What is the Compound Annual Growth Rate (CAGR) for the GCC GameFi Market from 2025 to 2035?

The CAGR for the GCC GameFi Market is anticipated to be around 30.537% from 2025 to 2035.

Which applications contribute significantly to the GCC GameFi Market?

The key applications in the GCC GameFi Market include Android, Windows, and iOS, with each having a growing share.

What will be the market value of the Android segment in 2035?

The Android segment of the GCC GameFi Market is expected to grow to 3500.0 USD Million by 2035.

How much is the Windows segment expected to be valued at in 2035?

The Windows segment is projected to reach a market value of 4500.0 USD Million by the year 2035.

What is the market size estimated for the iOS segment in 2024?

The iOS segment of the GCC GameFi Market is valued at approximately 231.2 USD Million in 2024.

Who are the major players in the GCC GameFi Market?

Key players in the GCC GameFi Market include Animoca Brands, Gala Games, Crytek, Square Enix, among others.

What is the estimated market value for the overall GCC GameFi Market in 2024?

The overall GCC GameFi Market is estimated to be valued at around 681.2 USD Million in 2024.

What challenges does the GCC GameFi Market face?

The market faces challenges from competition and the need for continuous innovation to meet player expectations.

What opportunities does the GCC GameFi Market offer for growth?

The rapid increase in mobile gaming and digital currencies presents significant growth opportunities in the GCC GameFi Market.

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