Markntel Advisors’ report, Saudi Arabia Entertainment & Amusement Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Saudi Arabia Entertainment & Amusement presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Saudi Arabia Entertainment & Amusement Market Research Report & Market Summary:

The Saudi Arabia Entertainment & Amusement Market size was valued at around USD 2.6 billion in 2024 and is projected to reach USD 4.9 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 11% during the forecast period, i.e., 2025-30. The primary reason behind this boom is the country’s intensified efforts towards diversification of its economy. Therefore, under Saudi Vision 2030, the kingdom continuously focuses on growing tourism and hence the entertainment sector. For instance, the kingdom has generated about USD266.5 million from the entertainment sector from 2020 to 2024.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure-  https://www.marknteladvisors.com/query/request-sample/saudi-arabia-entertainment-amusement-market.html

Saudi Arabia Entertainment & Amusement Market Dynamics:

Key Driver-

Increasing Government’s Efforts to Boost the Entertainment Sector – The government of Saudi Arabia is launching numerous projects to assist the expansion of the entertainment sector. This is because the entertainment places drive the influx of more tourists which is the primary purpose of the Saudi Vision 2030. Saudi has also set up a General Entertainment Authority (GEA) that is responsible for maintaining a well-structured system and attracting local and foreign companies to become part of their entertainment sector.

Moreover, the government also provides tax reductions for the new companies as they can treat their first-year heavy expenditure as start-up expense thus reducing their taxable income. Therefore, the entertainment sector has grown in past years, and due to the vision of the government, this trend is predicted to be preserved in the future also as the kingdom aims to draw 72% of the global entertainment brands into it by 2030.

Saudi Arabia Entertainment & Amusement Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Entertainment Destination

• Amusement & Theme Parks- Market Size & Forecast 2020-2030, USD Million
• Cinemas & Theaters- Market Size & Forecast 2020-2030, USD Million
• Gardens & Zoos- Market Size & Forecast 2020-2030, USD Million
• Sports Fields & Arenas- Market Size & Forecast 2020-2030, USD Million
• Malls- Market Size & Forecast 2020-2030, USD Million
• Others (Gaming Centers, Aquariums, festivals, concerts, etc.)- Market Size & Forecast 2020-2030, USD Million

Based on the entertainment destination, the amusement & theme parks segment is expected to witness the highest growth in the coming years with around 52% market share. 

By Source of Revenue

• Tickets- Market Size & Forecast 2020-2030, USD Million
• Food & Beverages- Market Size & Forecast 2020-2030, USD Million
• Merchandise & Retail Sales- Market Size & Forecast 2020-2030, USD Million
• Advertising & Promotions- Market Size & Forecast 2020-2030, USD Million
• Others (Gambling, parking, etc.)- Market Size & Forecast 2020-2030, USD Million

Based on the source of revenue, tickets hold a major market share of around 45%. This is because ticket purchase is the primary thing to access the events, concerts, theme parks, cinemas, etc. 

By Region

• Riyadh
• Jeddah
• Makkah
• Dammam
• Rest of Saudi Arabia.

Regionally, Riyadh holds a major market share of around 47%. This is because Riyadh has obtained the highest amount of investment in its entertainment sector. For instance, the Qiddiya City, a project in this region to feature theme parks, sports facilities, and much more. More such projects are designed to make Riyadh a leading tourist attraction place.

As indicated in the latest market research report published by Markntel Advisors, “Saudi Arabia Entertainment & Amusement Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Saudi Arabia Entertainment & Amusement industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/saudi-arabia-entertainment-amusement-market.html

Top Companies Operating in the Saudi Arabia Entertainment & Amusement Market:

• Al Hokair Group
• Al Othaim Entertainment
• Broadway Entertainment
• AMC Cinemas
• Saudi Aramco Amusement Park
• Saudi Entertainment and Amusement Expo (SEA Expo) 
• Al Habtoor Group
• Qiddiya Investment Company    
• Al Shallal Theme Park
• Jungle Land Theme Park
•  

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Key Report Highlights:

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel and impede the industry across the geography?
4. How has the industry been evolving in terms of geography & Saudi Arabia Entertainment & Amusement Market adoption?
5. How has the competition been shaping up across the geography?

6. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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