India Gaming Market Thrives with "15.8% CAGR" Shaping the Future Technology

IMARC Group, a leading market research company, has recently releases report titled “India Gaming Market Report by Device Type (Consoles, Mobiles and Tablets, Computers), Platform (Online, Offline), Revenue Type (In-Game Purchase, Game Purchase, Advertising), Type (Adventure/Role Playing Games, Puzzles, Social Games, Strategy, Simulation, and Others), Age Group (Adult, Children), and Region 2024-2032”. 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 high utilization of smartphones as well as affordable internet services are the factors responsible for the growth of the India gaming market. Additionally, as consumers gain access to budget-friendly smartphones and high-speed internet, mobile gaming has surged in popularity. This accessibility has democratized gaming, allowing people from various socio-economic backgrounds to engage in gaming activities. Moreover, the proliferation of online multiplayer games and the increasing popularity of e-sports have also contributed to this growth. Games like PUBG Mobile, Free Fire, and Call of Duty Mobile have created vibrant gaming communities and competitive environments, driving further interest in and participation in the gaming culture.

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India Gaming Market Trends and Drivers:

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.

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.

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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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