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https://newzoo.com/insights/articles/global-games-market-to-generate-175-8-billion-in-2021-despite-a-slight-decline-the-market-is-on-track-to-surpass-200-billion-in-2023

Global Games Market to Generate $175.8 Billion in 2021; Despite a Slight Decline, the Market Is on Track to Surpass $200 Billion in 2023 | Newzoo The games market will see a small decline in 2021, but growth is coming! And there's no cause for concern. Read the full article to learn more

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If most reports coming out in the last one year are to be believed, India will see an even faster growth for the industry in the next few years, and now Bharat is joining in this growth. A recent report by Mobile Premier League (MPL), an esports and skill gaming platform revealed that India’s tier-III cities and towns have witnessed a significant rise in the number of online gamers in 2021. The top 30 of them reported up to 170% more gamers compared to 2020. Some of the small towns have more than 100% to up to 200% growth in online gamers. Another report by Sequoia India and BCG said that while the gaming industry in India is currently smaller than that of the US and China and is 1% of the global gaming market, it is generating $1.5B revenue and is expected to triple to over $5 billion by 2025 on the back of the ‘mobile first’ phenomenon.

Gaming: What to expect from the Indian gaming and e-sports industry in 2022 Some insights on the future of the Indian gaming landscape in the new year

According to Statista, the market value of the Indian gaming sector was over 90 billion INR in the financial year 2020. The study further states that the market value is expected to reach 143 billion INR by the end of 2022. Thus, the exponential growth of the market is playing a pivotal role in rapidly increasing the breadth of the overall gaming culture as well.

The market value of the Indian gaming sector was over 90 billion INR in the financial year 2020.
Well into the year 2022, we can look back and marvel at the whirlwind rise of our country's online gaming industry. Back in the 2000s, the advent of the Indian gaming industry had just started when console and PC gaming brought several middle-income groups onto digital gaming platforms. Since then, India has acted as the primary service provider for international developers as well.
The Indian gaming industry has been gaining popularity in recent years powered by a youthful and tech-savvy populace, affordable accessibility of smartphones, better internet availability, and overall technological evolution. The move has additionally sped up the development of multi-gaming designs in the online gaming space.
The industry is evolving due to the increasing deployment of advanced technology, software, cloud technology, and the internet for the convergence of games and videos on a global scale. According to Statista, the market value of the Indian gaming sector was over 90 billion INR in the financial year 2020. The study further states that the market value is expected to reach 143 billion INR by the end of 2022. Thus, the exponential growth of the market is playing a pivotal role in rapidly increasing the breadth of the overall gaming culture as well.

visit times now for more details https://www.timesnownews.com/sports/esports/article/how-digital-adoption-is-helping-the-indian-gaming-sector/862153 #:~:text=According%20to%20the%20report%20by%20KPMG%2C%20online%20gaming%20is%20expected,290%20billion%20(%243.84%20billion).

How Digital Adoption is helping the Indian Gaming Sector According to Statista, the market value of the Indian gaming sector was over 90 billion INR in the financial year 2020. The study further states that the market value is expected to reach 143 billion INR by the end of 2022. Thus, the exponential growth of the market is playing a pivotal role in rapi...