The Indian gaming market is expected to grow from $2.8 billion in 2022 to $5 billion in 2025, growing at a CAGR of 28-30%.
Welcome to my gaming blog! My name is Gautam Kumar Mahar, and I am a computer science engineering student at IIT Goa. I am also an avid esports player, with a particular focus on PUBG.
The Indian gaming industry is one of the fastest-growing in the world, with an estimated value of over $1 billion. This growth is driven by a number of factors, including the increasing affordability of smartphones and internet access, as well as the growing number of young, tech-savvy consumers in India.
One of the major drivers of the Indian gaming industry is mobile gaming. With over 600 million smartphone users in India, mobile gaming has become incredibly popular, with games like PUBG, Call of Duty: Mobile, and Garena Free Fire becoming household names. The rise of mobile gaming has also led to the rise of esports in India, with tournaments and leagues being organized regularly.
Another driver of the Indian gaming industry is the rise of online gaming. With more and more people in India having access to the internet, online gaming has become increasingly popular, with games like Dota 2 and League of Legends being played by millions of people. This has also led to the rise of online gaming communities and esports tournaments in India.
The Indian gaming industry has also seen a rise in the number of game development studios and game publishers in the country. These studios and publishers are creating games that are tailored to the Indian market, with themes and gameplay that are more relatable to Indian players. This has led to the rise of Indian-made games like FAU-G and Ludo King, which have become incredibly popular in the country.
In addition to the growth of the Indian gaming industry, the government has also taken notice and has begun to invest in the industry. The government has recognized the potential of the gaming industry to drive economic growth and create jobs, and has taken steps to support the development of the industry.
One example of this support is the launch of the National Gaming Policy in 2019, which aims to promote the growth of the gaming industry in India. The policy includes measures such as tax incentives for game development studios and publishers, as well as the creation of a National Gaming Commission to regulate the industry.
Another example is the launch of the National Centre for Excellence in Gaming in 2020, which aims to provide training and resources to game developers and designers in India. The centre will focus on areas such as game development, game design, and game art and animation, and will work closely with the gaming industry to ensure that the training provided is relevant and useful.
Furthermore, the Indian gaming industry has also seen a rise in venture capital and private equity investment, which is helping to fuel the growth of the industry. This investment is helping to fund the development of new games and the expansion of existing studios and publishers, which will help to drive further growth in the industry.
In conclusion, the Indian gaming industry is a rapidly growing and exciting industry. With the support of the government and the rise of venture capital and private equity investment, the industry is poised for even more growth in the future. The increasing popularity of mobile and online gaming, as well as the rise of Indian-made games and esports, are all contributing to this growth. As a PUBG esports player and computer science engineering student, I am excited to see how the industry will evolve in the future.