The gaming industry in India is undergoing a massive transformation due to the mobile revolution – There has been over 20% growth in casual gaming because of Smartphone’s, Growth in Digital Infrastructure, Increased Adoption of Digital Payments, Incentive to Win Money in Transaction Based Games & a Young Population. In India about 5.6 billion mobile game applications were downloaded in 2019 which is globally the highest. According to latest reports by KPMG the total Indian Gaming Market is expected to grow 113% from INR 136 billion in 2022 to INR 290 billion in 2025. The online casual gaming segment is poised to see the fastest growth with revenues growing 182% from INR 60 billion in 2022 to INR 169 billion in 2025.
With around 420 million active online gamers and a 500-million-strong digitally native population aged between 15-35 India is set to become one of the fastest growing markets globally. Eminent industry leaders and stakeholders convened to discuss the future roadmap of the gaming industry in India. ... (more)
