The Indian online gaming market is anticipated to grow with an exponential CAGR during the forecast period (2020-2026). The developing IT infrastructure coupled with the rising penetration of smartphones and high-speed internet is one of the major factors driving the market growth rate.
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The game-centric smartphones costs less than $200 by the Chinese companies and one of the cheapest internet globally are offering a great user experience to the online gamers in the country. The young population of the country is turning out to be the most enthusiastic regarding online gaming. Some of them are also seeking it as an opportunity to earn by getting into it professionally.
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However, casual gaming is also emerging as a popular trend among generation-Z populations. Furthermore, the outbreak of the COVID-19 resulting nationwide lockdown has increased the growth of the online gaming industry. A considerable uptick in the number of users on online gaming platforms has been observed and a surge in the number of hours spend gaming online is also being observed after the emergence of COVID-19 in the country.
Market Coverage
- The market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered-
o By Game Type
o By Device Type
o By Revenue Model
- Competitive Landscape- Gametion Technologies Pvt. Ltd., Activision Blizzard, Inc., Electronic Arts Inc., Krafton Inc., Valve Corp., Rockstar Games, Inc.
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
India Online Gaming Market Report Segment
By Game Type
- Role-Playing Game
- Action & Adventure Games
- Racing Games
- Simulation Games
- Strategy Games
- Sports Games
- Other Games
- (This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
