While India is rapidly establishing itself as a well-known global leader in many industries such as manufacturing, manufacturing and pharmaceuticals, comparative attention has not been paid to India's emerging gaming industry.
Gaming revenue in India is expected to reach around 1. 1.7 billion by 2020, making India one of the most significant consumer markets for sports in the world. There are an estimated 10,000 million players in the country, ahead of neighboring China alone.
In addition to being a major consumer market for video games of all stripes, India is also emerging as a major producer of gaming content for a global audience. Let's take a closer look at the key drivers behind India's rise as a gaming superpower in 2020.
1. Mobile gaming
When it comes to the global billion billion billion mobile gaming market, India is the clear market leader. It is estimated to be one of the top five countries for mobile gaming in the world in terms of market share 628 million Indians who regularly play mobile games According to Forbes.
Such figures are less surprising when you consider the fact that India has the highest number of mobile users in the world, at around 482 million. Currently the most popular mobile games in India are mobile sports giants like PGBGB Mobile and Garena Freefire, which is currently the highest grossing game on the Indian Google Play Store.
Meanwhile, domestic mobile gaming companies are expanding their reach in Indian markets in tandem with global juggernauts. Delhi-based game developer Winzo, for example, has recently teamed up with Tencent to offer PUBG mobile tournaments in 10 different regional languages across the country.
2. G online gaming
Due to its young people and high level penetration of internet, online gaming in India is one of the largest markets in the world, in many forms. An example of this is the world of competitive sports, where Indian teams are winning top prizes in major tournaments like Dota 2 and the Asian Games.
Meanwhile, India has flooded with its own, highly successful e-sports events like ESL One Mumbai and Delhi Dreamh Dream. Another major component of India's online gaming sector is casino games, where Indian players can play real money slots, roulette, blackjack and more.
The success of cas online casinos in India is a testament to the fact that large global operators, such as Royal Panda, are offering dozens. Some of the most popular real-money roulette games For Indian players. By some measures, the Indian online gambling market is already worth Rs 62 billion.
3. Console Gaming
The size of the traditional console gaming market in India may not yet be as impressive as the mobile market, but it is growing rapidly. Admittedly, console gaming restrictions remain expensive for most Indian consumers, and PC access is the lowest in the region. This helps to explain why mobile gaming makes up about 85% of India’s overall gaming market.
However, this is not the whole story. Explained in the Telegraph of India recently The console represents the 'next frontier' for gaming, Due to the huge level of enthusiasm for the medium among India’s young adult population.
The majority of console gaming viewers on streaming platforms like Twitch come from India, with developers like Micro and Fit and Sony confident that with the rollout of cloud gaming, which does not require a console, the Indian gaming market will open up. Never before.
In addition, there are many fast-growing Indian console developers striving to make a splash abroad, with award-winning indie studio Tent Works Interactive being just one well-known example. You will hear a lot from the Indian console gaming industry in the coming years.
Whatever investment is made in the video gaming industry, India cannot ignore it. In the coming years, this country of 1.4 billion people will become one of the most influential gaming markets on earth.