How big is gaming industry in India?

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%. The quantity of gamers in the nation is supposed to expand from 420 million in 2022 to 450 million by 2023, and it hit 500 million by 2025.

Is India on top of the gaming market?

Last year, India became the largest consumer of mobile games in the world, recording over 15 billion downloads, as per a report by Lumikai, a gaming-focused venture capital fund.

How much is video game industry worth in India?

Revenue in the Video Games segment is projected to reach US$2.38bn in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 10.08%, resulting in a projected market volume of US$3.50bn by 2027.

What is the current gaming industry in India?

Esports revenue in India grew by 29% from ₹750 crore in 2020 to ₹970 crore in 2021. The number of players doubled to 600,000 in 2021, while the viewership grew to 2 million hours in the same year. The number of players is projected to reach 1 million in 2022, of which 20 percent would be female.

Which country has more gaming industry?

China and the United States have been battling it out for the top spot of the biggest global gaming market for years. Shenzhen-headquartered Tencent, one of the biggest online companies worldwide, is also driving the gaming market in China.

How BIG is Gaming Industry? Gaming in India | Abhi and Niyu

How is no 1 gamer in India?

Ajay, popularly known as Total Gaming (or Ajju Bhai), is an Indian gaming YouTuber. He was born in Ahmedabad, Gujarat, and is the most subscribed Indian gaming YouTuber.

Is gaming future in India?

The Indian gaming and esports sector has witnessed tremendous growth over the past few years, and there is no doubt that this growth will skyrocket even more in the years to come. Industry estimates predict that the number of online gaming users in India is poised to grow from 481 Mn in 2022 to over 657 Mn by 2025.

Is gaming industry growing in India?

A report by the Boston Consulting Group and Sequoia on India's mobile gaming sector shows that more than 300 million Indians play mobile games, and the gaming sector as a whole has grown at a compound annual growth rate of 38 percent in 2019-2020 and 37 percent in the previous fiscal year.

Is India the fastest growing gaming market?

Between 2017 and 2020, the country's industry expanded at a CAGR of 38%, compared to 8% in China and 10% in the US. For the past two years, India's proportion of New Paying Users (NPUs) in gaming has grown at the fastest rate in the world, rising from 40% in 2020 to 50% in 2021.

Who is the highest paid gamer in India?

Is gaming a luxury in India?

All that said, India is still not the market that has grown to its full potential. Games are still very expensive for the average man and mainstream gaming is still considered a luxury. But the industry is growing, slowly but steadily.

Which city has most gamers in India?

According to a survey released on Thursday, it had the most significant number of online gamers among all Indian cities in 2021.

Which is the biggest gamer in India?

Is gaming growing faster than social media in India?

In India, gaming is growing faster than most media sub-sectors, including OTT video, cinema, and home entertainment and audio. While India's gaming market is currently smaller than the US and China, it is worth about US$1.5 billion and is expected to triple in size to reach US$5 billion by 2025.

What is the income of gamers in India?

The average game salary in India is ₹ 700,000 per year or ₹ 280 per hour. Entry-level positions start at ₹ 450,000 per year, while most experienced workers make up to ₹ 2,000,000 per year.

Is India the fastest growing gaming market in Asia?

India now has the second largest gamer base in the world with 396.4 million gamers, a new report has showed. India now makes up 50.2 per cent of all gamers in the top 10 Asian countries' list, according to the data provided by market research firm Niko Partners.

How old are gamers in India?

The number of gamers in India has grown at a rapid pace over the last few years, especially after the pandemic. The growth rate is higher than that of the worldwide gaming market. Indian gamers are mostly young adults between the age of 20 and 44.

Who is the richest YouTuber in India?

The richest Youtuber in India BhuvanBam's net worth is $ 3. million (Rs 25 crore) in 2021. Earlier it was believed that people in technical professions like doctors, engineers, CPAs, etc. can compete and succeed in society.

Who is the god of gaming in India?

Subhav Dubey aka Elder God has been in the Indian gaming industry for over four years now and has his own set of followers on Facebook.

Who is no 1 girl gamer in India?

PayaI is currently India's richest female streamer and a member of the S8UL family. Deepanshi Rawat, popularly known as “Dobby,” is a BGMI player. She has a large fan following, with about 217K subscribers on her YouTube channel. Along with being a gamer and a streamer, Dobby is also a microbiologist.

How many gamers are in the US?

More than 214 million Americans play video games.

Out of 214.4 million gamers, 51.1 million are children, while 163.3 million are adults.