India Gaming Market (2023-2029) | Revenue, Size, Companies, Industry, Forecast, Growth, Analysis, Value, Trends, Share & COVID-19 IMPACT

India Gaming Market Highlights

Report Name	India Gaming Market
Base Year	2022
Historical Period	2019-2022
Forecast Period	2023-2029
Growth Rate (CAGR)	15.70%
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Game Type, By Device Type, By End-User
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
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Topics Covered in India Gaming Market Report

India Gaming Market report thoroughly covers the market by game type, by device type, by end-user. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

India Gaming Market Synopsis

The India gaming market is a rapidly growing segment of the country`s entertainment and digital industry. With a large population of tech-savvy youth and increasing internet penetration, gaming has become a popular form of entertainment in India. The market`s growth is driven by factors such as the rise of smartphone gaming, the availability of affordable gaming consoles, and the expansion of online gaming platforms.

According to 6Wresearch, the India Gaming Market size is anticipated to rise at a CAGR of 15.70% during 2023–2029. The market benefits from the diversity of gaming genres, from casual mobile games to immersive multiplayer experiences. Key players in the market include gaming companies, software developers, and online platforms that offer a wide variety of games and gaming experiences to cater to the diverse preferences of India gamers. The India gaming market is driven by several factors. Firstly, the increasing penetration of smartphones and the availability of affordable internet data plans have contributed to the growth of mobile gaming in India. Mobile gaming is accessible to a large population, leading to a significant user base and driving the demand for gaming apps and content. Secondly, the rise of esports and online gaming tournaments has garnered a massive following, with professional gamers and gaming enthusiasts actively participating in competitive gaming events. The growth of gaming infrastructure, such as gaming cafes and esports arenas, also influences the market`s expansion. Additionally, the launch of new gaming consoles and the development of high-quality gaming content cater to the preferences of diverse gaming audiences.

The India gaming market faces challenges concerning infrastructure and internet connectivity. Inadequate access to high-speed internet in certain regions can limit the growth of online gaming. Moreover, concerns over gaming addiction and its impact on mental health may lead to regulatory challenges and calls for responsible gaming practices. The market has the potential to overcome these challenges and India Gaming Market Size will continue to grow.

COVID-19 Impacts on Gaming Market in India

The COVID-19 pandemic had a transformative impact on the India gaming market which is a key part of the Asia Pacific Gaming Market. With restrictions on outdoor activities and the need for home-based entertainment, the gaming industry witnessed a surge in demand. Video games, mobile gaming, and online gaming experienced significant growth as people sought virtual entertainment options. The closure of entertainment venues and restrictions on social gatherings further accelerated the shift towards digital gaming. The gaming market is expected to continue its upward trajectory in the post-pandemic period, driven by increasing internet penetration, smartphone adoption, and a growing gaming community.

Key Players of the Market

The India Gaming Industry is served by various gaming companies and platforms. Some key players in this sector include Tencent India, Nazara Technologies, Dream11, and Octro Inc. These companies offer a wide range of gaming experiences, including mobile games, online gaming, and e-sports. Their focus on user engagement, innovative game development, and partnerships with popular gaming franchises has positioned them as key players in the gaming market in India.

Gaming Industry in India 2023

As of 2023, the India Gaming Industry has experienced a prominent surge in growth and prominence. Fueled by factors like growing internet penetration, the widespread availability of cost-effective smartphones, and a young demographic inclined towards virtual entertainment, India has become a vibrant gaming industry across the world. The mobile gaming market, in particular, continues to dominate, with titles ranging from casual games to complex multiplayer experiences attaining immense popularity. Esports has seen remarkable growth, with a burgeoning community of professional leaders, dedicated enthusiasts, as well as a rising number of tournaments and leagues.

India Gaming Market: Government Initiatives

The government in India has taken prominent steps to foster as well as regulate the burgeoning gaming. Many initiatives have been taken as of 2023 in order to inspire the growth and development of the market. One significant effort is the establishment of Esports Federation of India (ESFI) as the governing body for competitive gaming, which aims to standardizing regulations and promoting esports. In addition, initiatives like the 'Digital India' campaign, focuses on improving digital infrastructure, have indirectly supported the gaming industry by improving internet connectivity and accessibility, vital for online gaming experiences. The government of the country has also been actively engaging with stakeholders via forums, conferences, and policy discussions in order to understand and address the needs of the gaming ecosystem.

Market by Game Type

The shooter segment on the basis of game type is anticipated to attain key share in the market. It is due to the fact that most shooter games have 3D realistic graphics, which come with challenging tactical mission.

Market by Device Type

Mobile phones on the basis of device type are projected to dominate the sector. This is due to the fact that the number of people possessing mobile phones is increasing more and more with each passing days and people enjoy playing games in their mobile phones.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Gaming Market Outlook
• Market Size of India Gaming Market, 2022
• Forecast of India Gaming Market, 2029
• Historical Data and Forecast of India Gaming Revenues & Volume for the Period 2019 - 2029
• India Gaming Market Trend Evolution
• India Gaming Market Drivers and Challenges
• India Gaming Price Trends
• India Gaming Porter's Five Forces
• India Gaming Industry Life Cycle
• Historical Data and Forecast of India Gaming Market Revenues & Volume By Game Type for the Period 2019 - 2029
• Historical Data and Forecast of India Gaming Market Revenues & Volume By Shooter for the Period 2019 - 2029
• Historical Data and Forecast of India Gaming Market Revenues & Volume By Action for the Period 2019 - 2029
• Historical Data and Forecast of India Gaming Market Revenues & Volume By Sports for the Period 2019 - 2029
• Historical Data and Forecast of India Gaming Market Revenues & Volume By Role-Playing for the Period 2019 - 2029
• Historical Data and Forecast of India Gaming Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of India Gaming Market Revenues & Volume By Device Type for the Period 2019 - 2029
• Historical Data and Forecast of India Gaming Market Revenues & Volume By PC/MMO for the Period 2019 - 2029
• Historical Data and Forecast of India Gaming Market Revenues & Volume By Tablet for the Period 2019 - 2029
• Historical Data and Forecast of India Gaming Market Revenues & Volume By Mobile Phone for the Period 2019 - 2029
• Historical Data and Forecast of India Gaming Market Revenues & Volume By TV/Console for the Period 2019 - 2029
• Historical Data and Forecast of India Gaming Market Revenues & Volume By End-User for the Period 2019 - 2029
• Historical Data and Forecast of India Gaming Market Revenues & Volume By Male for the Period 2019 - 2029
• Historical Data and Forecast of India Gaming Market Revenues & Volume By Female for the Period 2019 - 2029
• India Gaming Import Export Trade Statistics
• Market Opportunity Assessment By Game Type
• Market Opportunity Assessment By Device Type
• Market Opportunity Assessment By End-User
• India Gaming Top Companies Market Share
• India Gaming Competitive Benchmarking By Technical and Operational Parameters
• India Gaming Company Profiles
• India Gaming Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Game Type

• Shooter
• Action
• Sports
• Role-Playing
• Others

By Device Type

• PC/MMO
• Tablet
• Mobile Phone
• TV/Console

By End-User

• Male
• Female