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The online gaming industry in India has seen a rapid expansion of 28% CAGR between FY20 and FY23. Projections indicate further growth to ₹33,243 crore by FY28, with a sustained 15% CAGR https://55club-play.in/. This sector not only attracts significant foreign and domestic investments but also generates substantial direct and indirect employment. Leveraging India’s IT prowess, the industry holds natural potential for India. Notably, while the size of the global gaming industry crossed $300 billion in 2021 — more than the combined markets for the movie and music industry — the online gaming segment in India constitutes 1.1% of the global online gaming revenue. Thus, the potential for growth is enormous.
With the growing number of people tuning in it is expected that India will have around 1,250 professional gamers by 2028 marking a 2.5-fold increase, within just five years. This rise highlights the expanding career opportunities and the increasing popularity of e-sports in the Indian scene. As e-sports gains viewers and players the competition gets tougher. Major e-sports events in India are seeing an increase in prize money attracting talent and boosting the professionalism of the gaming industry. For instance, at the PUBG Mobile India Open in 2023 the prize pool exceeded Rs. One crore (US$ 125,000) demonstrating the rewards for skilled players. This rapid growth not only emphasizes the potential of e-sports as a career choice but also showcases its transformative impact on India’s gaming community.
Despite the growing demand for skilled professionals in the gaming industry, India faced a shortage of trained talent in game development, design and programming. Investing in education and skill development initiatives to build a skilled workforce is essential for long-term growth.
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What is the future of gaming in india
The next wave of iGaming brands has built on this success by propelling the industry into a brighter limelight with innovative marketing strategies. Armed with a digital-first outlook, these brands have capitalised on the evolving dynamics of the marketing landscape by combining traditional marketing approaches with new-age strategies to reach out to a much wider audience and supercharge the industry’s growth.
Video games have gained significant popularity in India over the past decade. Initially seen as a pastime for children and teenagers, video games have now emerged as a lucrative industry with a significant impact on the Indian economy. In this essay, we will explore the use of video games in India and their impact on society.
India’s competitive edge in game development also makes it an appealing destination for studios seeking talent at low costs. However, overcoming challenges such as establishing regulations is crucial for India to solidify its position on a scale. Enhancing the infrastructure, in regions can bridge the divide allowing a significant untapped demographic to engage in the online world. India has the opportunity to solidify its position as a major player, in the evolving gaming industry by addressing these challenges and harnessing its potential.
India’s gaming community thrives due to its population. An interesting fact often cited is that India has more than 600 million individuals under the age of 35 accounting for 45% of the population (according to Worldometers, 2024). These young adults are not only youthful but also tech savvy. A report published in 2023 by Internet and Mobile Association of India shows that smartphone usage in India has reached 75%. The widespread adoption of smartphones along with a growing interest in entertainment positions them as the driving force behind the gaming industry. Furthermore, their active participation is fuelled by increasing income levels. This points towards a group of consumers who are increasingly drawn to gaming. Their preference is evident in the growth of in-app purchases, which serve as a revenue stream for games. The young demographic is not just playing games, they are actively shaping the industry by seeking games, with engaging narratives and microtransactions that enhance gameplay and an evolving mobile gaming landscape.
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The tech giant joined the gaming landscape in 2015 by putting together a team to develop platforms for game builders. It has developers and engineers that create multiplayer and online games. Tech Mahindra’s games are popular for their competitive gameplay and strong community engagement. In 2022, it also launched Cloud Gaming as a Service through its cloud-based platform powered by Ludium Labs.