The Rise of Gaming in India
The Indian gaming sector has experienced rapid growth over the past decade, driven by increasing internet penetration, the proliferation of smartphones, and the emergence of new gaming platforms. As a result, the sector has become a significant contributor to the country’s economy, with projected revenues of $9.2 billion by FY29.
Key Factors Driving Growth
Several factors are contributing to the growth of the Indian gaming sector:
Female Gamers in India
The Indian gaming sector has also seen a significant increase in female gamers, with women now making up 44 per cent of the nation’s 591 million gaming population. This growth is attributed to various factors, including:
The country’s gaming industry is expected to reach $10 billion by 2025.
The Rise of Mobile Gaming in India
A Growing Market
India has emerged as a significant player in the global mobile gaming market, with the country’s gaming industry expected to reach $10 billion by 2025. The growth of mobile gaming in India can be attributed to the increasing accessibility and affordability of smartphones, as well as the rise of online gaming platforms.
Key Statistics
Mobile gaming is projected to reach $128 billion by 2025, with an estimated 2.
In-game purchases accounted for 75 per cent of total in-app purchases, with the majority of these coming from mobile devices.
The Rise of Mobile Gaming
The mobile gaming market has experienced tremendous growth in recent years, with the number of mobile gamers increasing exponentially.
Around 25 per cent of gamers said they spent money in games, consistent with FY23, with 83 per cent preferring UPI or digital wallets to make in-game payments.