India Gaming Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 15.8% (2024-2032)

According to the latest report by IMARC Group, the India gaming 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. The market is rapidly growing, driven by mobile gaming, rising internet access, and increasing investments.

India Gaming Market Trends and Drivers:

Factors Driving the Growth of the India Gaming Market

• High Smartphone Utilization and Affordable Internet Services:
  • The widespread use of smartphones and accessible internet services are key factors propelling the growth of the India gaming market.
  • Budget-friendly smartphones and high-speed internet have surged mobile gaming's popularity, democratizing gaming access across socio-economic backgrounds.
• Rising Popularity of Mobile Games and E-Sports:
  • The proliferation of online multiplayer games and the increasing popularity of e-sports have significantly contributed to market growth.
  • Games like PUBG Mobile, Free Fire, and Call of Duty Mobile have fostered vibrant gaming communities and competitive environments.
• Expanding Game Development Ecosystem:
  • The growing ecosystem of game development and increased investments in the gaming industry are crucial drivers.
  • Both domestic and international developers are investing in local gaming startups and establishing development studios, recognizing the market's potential.
• Influence of Streaming Platforms:
  • Streaming platforms such as YouTube and Twitch have played a significant role in popularizing gaming.
  • Gamers and streamers across India are building substantial followings, further fueling interest in gaming.
• Government Initiatives and Infrastructure Development:
  • Government initiatives aimed at promoting Digital India and the development of tech infrastructure are contributing to market growth.
• Increased Disposable Income:
  • The rising disposable income among the young population is leading to higher spending on gaming consoles, in-game purchases, and gaming accessories.
  • This economic trend 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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KeyHighlightsoftheReport:

MarketPerformance(2018-2023)
MarketOutlook(2024-2032)
MarketTrends
MarketDriversandSuccessFactors
ImpactofCOVID-19
ValueChainAnalysis
Comprehensivemappingofthecompetitivelandscape

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