The gaming market in India has seen tremendous growth in recent years, thanks to the increased access to affordable smartphones and high-speed internet connectivity. The market is expected to grow at a compound annual growth rate (CAGR) of 22.1% from 2020 to 2025, reaching a value of $3.8 billion by 2025.
Mobile gaming is the largest segment in the Indian gaming market, accounting for more than 85% of the revenue. Popular mobile games in India include PUBG Mobile, Call of Duty Mobile, Free Fire, Clash of Clans, and Candy Crush Saga. These games are popular due to their accessibility, affordability, and social features.
PC gaming is another growing segment in India, with more and more gamers shifting to PC gaming for a more immersive and high-quality gaming experience. Some of the popular PC games in India include Counter-Strike: Global Offensive, Dota 2, Valorant, and FIFA.
Console gaming, on the other hand, is still in its nascent stage in India due to the high cost of consoles and games. However, with the launch of the PlayStation 5 and Xbox Series X/S, console gaming is expected to grow in India in the coming years.
Esports is also gaining popularity in India, with more and more gamers participating in online and offline tournaments. Popular esports games in India include PUBG, Dota 2, FIFA, and Call of Duty.
Apart from gaming, the Indian gaming market also has a growing demand for gaming hardware, such as gaming laptops, keyboards, mice, and controllers. With the rise of gaming culture and esports in India, the demand for gaming merchandise and accessories is expected to grow in the coming years.
In conclusion, the gaming market in India is seeing rapid growth and is expected to continue to grow in the coming years. Mobile gaming is the largest segment, followed by PC gaming and console gaming. Esports is also gaining popularity, and gaming hardware and accessories have a growing demand.