How big is Indian gaming industry?

Video game industry statistics in India

Let's take a look at the current state of the market and what is driving growth: The number of gamers in India was about 365 million in 2020 and this is estimated to reach 510 million by 2022².

How much is India gaming industry worth?

Country has 507 million gamers and more than 900 companies in the sector. India's gaming market was valued at $2.6 billion in FY 2022 and it will be worth $8.6 billion by 2027 as it clocks a compound annual growth rate (CAGR) of 27 per cent, said a report on Thursday.

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 big is Indian esports industry?

"India saw esports players double from 300,000 in 2020 to 600,000 in 2021, with revenue growing by 29 per cent from ₹ 7.5 billion in 2020 to ₹ 9.7 billion in 2021," he said.

What country dominates gaming?

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

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.

Is gaming growing in India?

Indian Esports And Console Gaming

This makes 2023 even more exciting for Indian esports. A recent study projects that the esports industry will grow to $4 billion by March 2027, compared to $1.1 billion in 2022.

Is gaming industry growing in India?

India Gaming Market Analysis

The Indian gaming market is expected to register a CAGR of 22.65% over the forecast period. India is predicted to rank among the top market locations for the gaming industry due to having one of the most significant youth populations in the world.

How is no 1 gamer in India?

Mithilesh Patankar, a Mumbai-based Streamer known as Mythpat, began his career by creating educational cameo videos using PUBG and GTA 5. In India, he is considered one of the top Indian gaming YouTubers.

Who is India's most popular gamer?

Techno Gamerz, also known as Ujjwal Chaurasia, is a prominent Indian YouTuber based in New Delhi who has gained a massive following in the gaming world thanks to his GTA V series. With 32.2 million subscribers, he is one of the most popular Indian gaming YouTubers.

Who is the No 1 gaming creator in India?

When it comes to esports YouTubers, Ujjwal Chaurasia, a.k.a. Techno Gamerz, is one of the biggest names in India. He gained popularity through his gameplay series of GTA V, but he doesn't just stick to one game.

Who is the rich gamer in India?

Nihal "junglebook1" Sarin is the highest earning Indian player with $143,387.94 USD in prize money won overall, with $141,812.94 USD or 98.90% won from playing in Chess.com tournaments.

Who is the highest paid gamer in India?

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.

Is India emerging as a gaming hub?

According to industry research and surveys, India's percentage of new paying users (NPUs) in gaming has been the fastest-growing in the world for two consecutive years, at 40 per cent in 2020 and 50 per cent in 2021.

Which is the gaming capital of India?

This is the second year in a row that Lucknow has earned recognition for its gaming prowess—last year's IMGR revealed that growth in Lucknow outpaced all metros. Maharashtra, in the second spot, counts Pune as the number one gaming city. Pune registered 20% more gamers than Mumbai, which is placed second.

What is Asia's largest gaming market?

Japan and Korea are the most mature markets in the Asia-10 region, accounting for over 77% of revenue. For 2022, Japan games revenue is down 2.6% YoY and Korea's is flat. India is the second largest gamer base in the world, with 396.4 million gamers, making up 50.2% of all gamers in Asia-10.

What is the gaming potential in India?

India is the world's largest mobile gaming market in terms of App downloads. Revenue from online gaming grew 28% in 2021 to $1.2 Bn and is expected to reach $1.9 Bn by 2024.

What is the richest game industry in the world?

How big is the Chinese gaming market?

The market grossed 265.9 billion yuan ($39 billion) from video gaming sales in 2022, a 10.33% drop year-over-year, according to a new report released by the association on Tuesday. The overall user size shrank to 664 million, 0.33% fewer than the year before.