Revenue in the India Esports Market is projected to reach US$ 919.0 Million by 2032

IMARC Group, a leading market research company, has recently releases report titled “India Esports Market Report by Revenue Source (Advertising, Media Rights, Merchandise and Tickets, Publisher Fees, Sponsorship), Games (Multiplayer Online Battle Arena (MOBA), Player Vs. Player (PvP), First Person Shooters (FPS), Real Time Strategy (RTS)), Platform (PC-Based Esports, Consoles-Based Esports, Mobile and Tablets), and Region 2024-2032”. The India esports market size reached US$ 200.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 919.0 Million by 2032, exhibiting a growth rate (CAGR) of 18.42% during 2024-2032.

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The rising accessibility and affordability of high-speed internet and smartphones are fueling the growth of the India esport market. Furthermore, the popularity of online gaming and esports is growing as more Indians acquire access to stable internet connections and powerful mobile devices. This is bolstered by the demographic advantage of a youthful, tech-savvy populace that is passionate about gaming. Moreover, the rise of streaming platforms such as YouTube and Twitch has played a crucial role in the growth of esports, providing gamers with a platform to showcase their skills and build a following. These platforms also facilitate engagement and interaction among the gaming community, fostering a robust esports culture in India.

India Esport Market Trends and Drivers:

Another significant driver is the growing investment from both domestic and international stakeholders. Major gaming companies and investors are recognizing the potential of the India esport market and are injecting substantial capital to develop the infrastructure and ecosystem. This includes organizing large-scale esports tournaments, building dedicated gaming arenas, and supporting professional esports teams. The involvement of brands and sponsors in esports events is also enhancing the visibility and credibility of the industry.

Additionally, the government authorities of India are increasingly acknowledging esports as a legitimate sport, which is expected to lead to more structured policies and support for the industry. Educational institutions are also beginning to offer courses and programs related to esports, further legitimizing and professionalizing the field, which is anticipated to drive the India esport market over the forecasted period.

India Esport Market Segmentation:

Breakup by Revenue Source:

• Advertising

• Media Rights

• Merchandise and Tickets

• Publisher Fees

• Sponsorship

Breakup by Games:

• Multiplayer Online Battle Arena (MOBA)

• Player Vs. Player (PvP)

• First Person Shooters (FPS)

• Real Time Strategy (RTS)

Breakup by Platform:

• PC-Based Esports

• Consoles-Based Esports

• Mobile and Tablets

Breakup by Region:

• North India

• West and Central India

• South 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

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