The Indian gaming market was at around USD 1.00 billion in 2020, and it is expected to reach USD 5.00 billion by 2026, registering a CAGR of 20.83% over the forecast period 2021 – 2026. With one of the world’s largest youth populations, India is expected to become one of the world’s leading market destinations in the gaming industry. The growth in the country is driven by the growing younger population, higher disposable incomes, the introduction of new gaming genres, and the rapidly increasing number of smartphone and tablet users. This has resulted in the country ranking fifth among the world’s top mobile gaming markets, with over 220 million gamers spending an average of 42 minutes per day on mobile games. By 2020, NASSCOM data estimated that the Indian mobile gaming market would reach 628 million users. Game developers are also continuously striving to enhance the gamer’s experience and launching new games for diverse console/platforms, such as PlayStation, Xbox, and Windows PC, which are provided to the gamers through these devices.
If you have an interesting Article / Report/case study to share, please get in touch with us at editors@roymediative.com/Â roy@roymediative.com , 9811346846/9625243429.
