India Online Gaming Market, By Device (Mobile/ Tablet, Console, PC/ Laptop); By Game Category & Genre (Casual, Real Money Games (RMG), Online Fantasy Sports (OFS)); By Monetization Model (Subscription, Ad Revenue, In-app Purchases, Commission); By Gamer Skill (Casual, Mid-core, Hardcore, Professional), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
India Online Gaming Market Size More Than Doubles Touch USD 2.31 Billion by 2029
India online gaming market is flourishing because of the further deepening of smart gaming devices, an increasing focus on game development and innovations, government initiatives supporting the digital gaming industry, and pandemic-induced boost in online gaming activities.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India online gaming market size at USD 1.09 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects India online gaming market size to grow at a significant CAGR of 13.34% reaching a value of USD 2.31 billion by 2029. Major growth drivers for the India online gaming market include an increasing internet penetration, smartphone adoption, and a tech-savvy young population have fueled the demand for online gaming platforms, including mobile, PC, and console games. Esports has emerged as a thriving segment, positioning India as a competitive player globally. The industry has witnessed a shift towards game development, inspired by the Prime Minister's vision for a "Digital India." The Central Government's efforts, including the establishment of the Inter-Ministerial Task Force (IMTF) to recommend national-level regulations, have further supported the sector's growth. The gaming industry has been hailed as the "next sunrise industry," with a growing female audience contributing to its expansion. Affordable mobile data has accelerated internet usage, making gaming the fastest-growing industry. Also, the COVID-19 pandemic prompted a shift from desktop to laptop computing, especially among service-oriented and public sector organizations. However, increasing cases of addiction and legal and regulatory complexities are anticipated to restrain the overall market growth during the period in analysis.
India Online Gaming Market – Overview
India online gaming market refers to the sector within India's entertainment and gaming industry that involves the online distribution and consumption of various interactive games and related content. It encompasses a wide range of gaming formats, including mobile games, PC games, console games, and online multiplayer games. India is expected to be among the leading markets for the gaming industry, mainly due to its sizable youth population. The country's market growth is driven by the increasing use of smartphones and high-speed internet, which has facilitated the growth of its IT infrastructure. Also, WEB3, an advanced version of the internet integrating decentralization, VR, AR, and the metaverse, has gained popularity in the gaming sector. According to an industry estimate, approximately 30% of India's 450 WEB3 businesses are engaged in gaming, with investments of about USD 400 billion in Web3 games in recent years. This indicates the rapid development and immense potential of the gaming industry in India.
Impact of COVID-19 on India Online Gaming Market
COVID-19 pandemic had a positive impact on the India online gaming market. With lockdowns and movement restrictions in place, people turned to online entertainment, including gaming, for leisure and social interaction. This led to a surge in the number of active players and an increase in gaming revenues. Online gaming platforms witnessed higher user engagement and longer session times during the pandemic. Additionally, the closure of physical entertainment venues and the cancellation of live events drove the demand for virtual gaming experiences. The pandemic accelerated the adoption of online gaming as a preferred form of entertainment, transforming the industry and opening new opportunities for growth and innovation.
India Online Gaming Market
Segmental Information
India Online Gaming Market – By Device
By device, the India online gaming market is divided into Mobile/ Tablet, Console, and PC/ Laptop segments. The mobile/tablet segment holds the highest share in the India online gaming market during the forecast period. The widespread adoption of smartphones and tablets, driven by their availability and affordability, has made mobile gaming accessible to a larger audience. Additionally, the convenience and portability offered by mobile devices have attracted users who prefer gaming on the go. The increasing internet penetration in the country has further facilitated online gaming on mobile devices. Moreover, the diverse offerings of mobile games, including casual, multiplayer, and esports, cater to different preferences and demographics, appealing to a wide range of users. Social features integrated into mobile games encourage interaction with friends and foster a sense of community, adding to the segment's popularity. These combined factors have propelled the mobile/tablet segment to the forefront of the India online gaming market.
Competitive Landscape
Major players operating in the India online gaming market include Dream11, Mobile Premier League (MPL), Games24x7, Gametion, Games2win, Octro, Moonfrog, Reliance games, Gameberry, Blacklight Gaming, JetSynthesys, and Nazara Technologies. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Online Gaming Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Online Gaming Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. India Online Gaming Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Pandemic Boost
- 3.2.1.2. Growing Device Penetration
- 3.2.2. Restraints
- 3.2.2.1. Increasing Cases of Addiction
- 3.2.2.2. Legal and Regulatory Complexities
- 3.2.3. Opportunities
- 3.2.3.1. Rapid Expansion in Supply and Quality of Games
- 3.2.3.2. Technology Infrastructure Development
- 3.2.4. Challenges
- 3.2.4.1. Low Average Revenue Per Paying User (ARPPU)
- 3.2.4.2. Lack of Scale for Indian Studios
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. India Online Gaming Market Overview
- 4.1. Market Size & Forecast, 2019–2029
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share and Forecast
- 4.2.1. By Device
- 4.2.1.1. Mobile/ Tablet
- 4.2.1.2. Console
- 4.2.1.3. PC/ Laptop
- 4.2.2. By Game Category and Genre
- 4.2.2.1. Casual
- 4.2.2.1.1. Casual/ Hyper-casual
- 4.2.2.1.2. Classic
- 4.2.2.1.3. Mid-core
- 4.2.2.1.4. Hard-core
- 4.2.2.2. Real Money Games (RMG)
- 4.2.2.3. Online Fantasy Sports (OFS)
- 4.2.3. By Monetization Model
- 4.2.3.1. Subscription
- 4.2.3.2. Ad revenue
- 4.2.3.3. In-app purchases
- 4.2.3.4. Commission
- 4.2.4. By Gamer Skill
- 4.2.4.1. Casual
- 4.2.4.2. Mid-core
- 4.2.4.3. Hardcore
- 4.2.4.4. Professional
- 5. Competitive Landscape
- 5.1. List of Key Players and Their Offerings
- 5.2. India Online Gaming Market Share Analysis, 2022
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 6. Impact of Covid-19 on India Online Gaming Market
- 7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 7.1. Dream11
- 7.2. Mobile Premier League (MPL)
- 7.3. Games24x7
- 7.4. Gametion
- 7.5. Games2win
- 7.6. Octro
- 7.7. Moonfrog
- 7.8. Reliance games
- 7.9. Gameberry
- 7.10. Blacklight Gaming
- 7.11. JetSynthesys
- 7.12. Nazara Technologies
- 7.13. Other Prominent Players
- 8. Key Strategic Recommendations
- 9. Research Methodology
- 9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
- 9.2. Quantitative Research
- 9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
- 9.4. Breakdown of Primary Research Respondents, By Gamer Skill
- 9.5. Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
- List of Figures
- Figure 1 India Online Gaming Segmentation
- Figure 2 India Online Gaming Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 India Online Gaming Market Size, By Value (USD Billion), 2019–2029
- Figure 5 India Online Gaming Market Share, By Device, By Value, 2019–2029
- Figure 6 India Online Gaming Market Share, By Game Category and Genre, By Value, 2019–2029
- Figure 7 India Online Gaming Market Share, By Monetization Model, By Value, 2019–2029
- Figure 8 India Online Gaming Market Share, By Gamer Skill, By Value, 2019–2029
- List of Tables
- Table 1 India Online Gaming Market Size, By Value (USD Billion), 2019–2029
- Table 2 India Online Gaming Market Share, By Device, By Value, 2019–2029
- Table 3 India Online Gaming Market Share, By Game Category and Genre, By Value, 2019–2029
- Table 4 India Online Gaming Market Share, By Monetization Model, By Value, 2019–2029
- Table 5 India Online Gaming Market Share, By Gamer Skill, By Value, 2019–2029
- Table 6 Dream11 Company Overview
- Table 7 Dream11 Financial Overview
- Table 8 Mobile Premier League (MPL) Company Overview
- Table 9 Mobile Premier League (MPL) Financial Overview
- Table 10 Games24x7 Company Overview
- Table 11 Games24x7 Financial Overview
- Table 12 Gametion Company Overview
- Table 13 Gametion Financial Overview
- Table 14 Games2win Company Overview
- Table 15 Games2win Financial Overview
- Table 16 Octro Company Overview
- Table 17 Octro Financial Overview
- Table 18 Moonfrog Company Overview
- Table 19 Moonfrog Financial Overview
- Table 20 Reliance games Company Overview
- Table 21 Reliance games Financial Overview
- Table 22 Gameberry Company Overview
- Table 23 Gameberry Financial Overview
- Table 24 Blacklight Gaming Company Overview
- Table 25 Blacklight Gaming Financial Overview
- Table 26 JetSynthesys Company Overview
- Table 27 JetSynthesys Financial Overview
- Table 28 Nazara Technologies Company Overview
- Table 29 Nazara Technologies Financial Overview
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