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Indian Online Gaming Industry: Is It The Next Big Thing ?

Updated on: 02 September,2021 10:09 PM IST  |  Mumbai
BrandMedia | brandmedia@mid-day.com

A 22 percent yearly growth rate has made India the fastest-growing mobile gaming industry in the world.Can India Become The Next Big Thing In Online Gaming Industry?

Indian Online Gaming Industry: Is It The Next Big Thing ?

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Counter Strike, Age of Empires, Silkroad, and other games attracted thousands of Indian gamers online in the early 2000s. Ever since, India has gone a long way, especially with the surge in internet usage and smartphone users in the country, as well as others. Due to the coronavirus outbreak, millions of Indians turned to mobile gaming platforms in order to keep connected while isolated at home. Unsurprisingly, India's gaming sector has also witnessed remarkable development, leaving us to question if India might become the next huge online gaming industry. From 2016 to 2021, there are more than 140 digital gaming and sports firms in the nation. In 2016, there were just two million users, and now there are over 90 million. According to FICCI-EY, the gaming sector had a value of INR 65 billion in 2019 and is anticipated to reach INR 187 billion before 2022.



India Has The Potential To Be A Game-Changer


There are several reasons why India dominates the gaming business, but the most important is that it has a large and growing 60 percent of Indian gamers are between the ages of 18 and 24 years old, indicating a larger inclination for young people to play online games. In addition, the number of online users is on the rise, which creates a big market. It is also noted that there is a sharp rise in online gamers who are looking for real money games in the nation.

 

Online gaming was boosted because of COVID pandemic.

COVID-19 has driven the increase further as consumers have turned to online gaming platforms in the scarcity of entertainment choices during lockdown. In the midst of the epidemic, the online gaming business has not only thrived but started growing rapidly. 45 percent of the Indian population is said to be playing games on their cellphones as a result of the epidemic. In addition, COVID-19 has attracted new players who have plenty of free time and a shortage of offline entertainment choices while at home.COVID-19 has had a major impact on the game industry in terms of expanding the audience available for i-gaming. It's very uncommon for people to play video games at home, and a continuous stream of news reveals that it's booming during the midst of the epidemic. Numerous online platforms have been introduced as a result of internet gaming's instant growth, during COVID-19.

 

Aayush from TeenPatti.co.in reckons that different types of gamers are seeking for the better things to engage their leisure time in and the majority of players have been exploring virtual gaming because of the sudden popularity of online card games such as Teen Patti. Online gaming and other platforms have been more popular than ever, because of the newest technical advancements that have made it possible for game creators to produce more games.

 

 

 

 

 

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