India Gaming Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 15.8% (2024-2032)
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India gaming market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments. According to the latest report by IMARC Group, the market size reached US$ 3.68 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.1 Billion by 2032, exhibiting a growth rate (CAGR) of 15.8% during 2024-2032.
India Gaming Market Trends and Drivers:
The growth of the India gaming market is driven by the widespread use of smartphones and affordable internet services. As consumers increasingly gain access to budget-friendly smartphones and high-speed internet, mobile gaming has soared in popularity. This accessibility has democratized gaming, enabling individuals from diverse socio-economic backgrounds to participate. Additionally, the rise of online multiplayer games and the growing popularity of e-sports have further fueled this growth. Games like PUBG Mobile, Free Fire, and Call of Duty Mobile have fostered vibrant gaming communities and competitive environments, enhancing interest and participation in the gaming culture.
Another significant driver is the expanding ecosystem of game development and investments in the gaming industry. Both domestic and international game developers are recognizing the potential of the Indian market, leading to increased investments in local gaming startups and the establishment of development studios. In addition to this, the growing influence of streaming platforms such as YouTube and Twitch has played a crucial role in popularizing gaming.
Gamers across India and streamers are building substantial followings, further fueling interest in gaming. Initiatives taken by government authorities aimed at promoting digital India and the creation of infrastructure to support the tech industry are also contributing to the growth of the market. The increasing disposable income among the young population is leading to higher spending on gaming consoles, in-game purchases, and gaming accessories. which is anticipated to drive the India gaming market over the forecasted period.
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India Gaming Market Segmentation:
Breakup by Device Type:
- Consoles
- Mobiles and Tablets
- Computer
Breakup by Platform:
- Online
- Offline
Breakup by Revenue Type:
- In-Game Purchase
- Game Purchase
- Advertising
Breakup by Type:
- Adventure/Role Playing Games
- Puzzles
- Social Games
- Strategy
- Simulation
- Others
Breakup by Age Group:
- Adult
- Children
Breakup by Region:
- South India
- North India
- West & Central India
- East India
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Key Highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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