How big is the pro gaming industry?

Understanding the Esports Ecosystem

Most projections put the esports ecosystem on track to surpass $1 billion in revenue for the first time this year. And revenue is expected to grow from here—Newzoo projects it to hit $1.8 billion by 2022.

How big of an industry is eSports?

The market's largest segment is Sponsorship & Advertising with a market volume of US$894.60m in 2023. With a projected market volume of US$445.20m in 2023, most revenue is generated in China. In the eSports market, the number of users is expected to amount to 720.80m users by 2027.

How big is the global gaming industry?

The largest segment is Mobile Games with a market volume of US$315.90bn in 2023. In global comparison, most revenue will be generated in China (US$107,300.00m in 2023). The average revenue per user (ARPU) in the Video Games segment is projected to amount to US$140.20 in 2023.

Is eSports a billion dollar industry?

By comparison, that year's Super Bowl had about 98 million viewers. In 2022, Statista reported the global esports market was valued at just over $1.38 billion, projected to grow to as much as $1.87 billion in 2025.

How popular is professional gaming?

As of 2023, Over 2 billion people know what “esports” is. This is a huge growth since 2015, when only 800,000 people were aware of e-sports. Videogames and e-sports are projected to grow by 6% between 2020 and 2025.

The Gaming Industry's dirty little Secret explained

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.

Will eSports grow in India?

In the eSports market, the number of users is expected to amount to 122.10m users by 2027. User penetration will be 7.1% in 2023 and is expected to hit 8.3% by 2027.

How big is eSports industry in India?

The revenue of the eSports industry in India for the financial year 2021 was around 2.5 billion Indian rupees.

How many people play eSports in India?

According to FICCI-EY Media and Entertainment Report 2022, the number of esports players in India doubled from 300,000 in 2020 to 600,000 in 2021, and esports revenue grew by 29% from `7.5 billion in 2020 to `9.7 billion in 2021.

How much is gaming industry worth 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 gaming big in Asia?

Asia is the most important region for gaming in the world, representing a major opportunity for game developers and publishers, hardware and device makers, infrastructure providers, and investors.

What is the fastest growing gaming industry?

The report titled "Global Paid Competitive Gaming Report 2023," said that PCG, a relatively new form of gaming, is set to become one of the fastest-growing gaming segments. The report said the PCG market is expected to reach $16 billion by 2024. With a compound annual growth rate of 31.9 per cent from 2021 to 2024.

Which country is the biggest for gaming?

How big is esports in Asia?

The market's largest segment is Sponsorship & Advertising with a market volume of US$411.60m in 2023. With a projected market volume of US$445.20m in 2023, most revenue is generated in China. In the eSports market, the number of users is expected to amount to 439.90m users by 2027.

What is esports India?

Esports will now come under the Ministry of Sports and Youth Affairs. Esports refers to competitive and organised video game events. The industry had been campaigning that esports is a competitive sport where athletes use their mental and physical abilities.

Does esports have a future?

The future of the esports industry will likely be powered by mobile, which will further reduce barriers to entry and allow even more gamers and fans to pour in. The mobile gaming segment is set to make up 45% of the total global games market this year.

Who is Indian richest gamers?

Vivek Aabhas Horo, also known as "Clutchgod" within the online gaming community, was one of India's most prominent eSports athletes in terms of overall earnings that grossed over 52 thousand U.S. dollars by 2021.

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.

Who is the highest paid gamer in India?

Sahil Jakhar aka “Omega” is a popular esport player in India known for the famous esports Team-SouL. He is the In-game leader (IGL) of the SouL esports Team representing their BGMI scene for a long time. This highest-paying esport player pocketed around $34,432 or ₹28,30,959 approx. in 2022 via BGMI esports.

Why esports is not growing in India?

Gaming in general is looked down upon, and esports, even as a term, creates pause in majority of the population. Many believe this could be due to a lack of exposure of anything gaming and esports related in Indian media and television. Indian gaming and LAN tournaments get little to no coverage in traditional media.

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.

Which is India fastest growing gaming companies?

JetSynthesys, Octro, Hashcube, Games2Win, Mech Mocha, Dream11, 99 Games, Paytm First Games, Moonfrog Labs, and Nazara Technologies are the Top 10 Indian Gaming Startups in 2023. The country's recent digital revolution has given a huge boost to the development of Indian video games.

Is gaming a 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.

Which is the biggest esports game in India?

Dota 2's The International showcases highest prize pool i.e. $40M in 2021. The Indian team has secured the bronze medal in the Commonwealth Esports Championship 2022.