India Games Market Report 2023-2027 - Return of BGMI and Free Fire are Positive Signs for the Industry and Foreign Game Companies Looking to Enter the Market
Bedtime reading about a market set to grow 21.2% this year.
October 11, 2023
[This unedited press release is made available courtesy of Game Developer and its partnership with notable game PR-related resource Games Press]
Research and Markets | [11-October-2023]
DUBLIN, Oct. 11, 2023 /PRNewswire/ -- The "India Games Market Report" report from Niko Partners, Inc. has been added to ResearchAndMarkets.com's offering.
The India Games Market Report offers a comprehensive overview of the video games and esports sectors in India. It provides insights into various aspects of the market, including gamer preferences, in-game monetization strategies, and the importance of localization in India's gaming landscape.
Key takeaways from the analysis:
Revenue across all platforms to reach $868 million in 2023, up 21.2% YoY.
India's video game market is the fastest growing by gamers and revenue, which is forecast to reach $1.6 billion by 2027, growing at a 5-year CAGR of 17.2%.
The number of gamers in India across all platforms is forecast to reach 444 million in 2023, up 12.1% YoY.
The number of gamers across all platforms in India is forecast to reach 641.2 million in 2027, growing at a 5-year CAGR of 10.1%.
India is a mobile first market with 96.8% of total gamers playing on a smartphone or tablet.
31% of the 444.4 million gamers will spend on video games in 2023, with annual ARPPU reaching $6.38
The return of BGMI and Free Fire are positive si gns for the industry and foreign game companies looking to enter the market.
This data is valuable for businesses and stakeholders in the gaming industry, providing insights to make informed decisions regarding market entry, game development, and monetization strategies in the dynamic Indian gaming market.
Key Topics Covered:
Introduction
Executive Summary
Market Size, Forecast and Macroeconomic Trends
Macroeconomic data, Population, Gamers and Internet Users Population
Key Drivers of Growth Through 2027
Gamer Survey Demographics
Methodology
Percentage of Gamers by Gender, Age, Preferred Devices
Average Annual Income of Indian Gamers
Average Game Playing Hours per Week
Real Money Gaming
Overview
Regulations on RMG
Percentage of Indian Gamers Who Have Played RMG
Average Playing Hours and Monthly Spending on RMG
Concerns for RMG
Mobile Games Market
Mobile Games Revenue & Downloads
BGMI and The Rise of Battle Royale Genre
Top Mobile Games By Revenue and Downloads
Top Mobile Game Publishers By Revenue and Downloads
Popularity of Digital Wallets among Indian Mobile Gamers and Subscription Like Services
Most Disliked Aspects of Mobile Games
Smartphone brands, App Stores, and Gaming Location
PC Games Market?
PC Games Revenue & Streaming
Most Popular PC Games Genres
Overview of Steam Ban Concerns
Popularity of Digital Wallets among Indian PC Gamers and Subscription Like Services
Most Disliked Aspects of PC Games
Laptop brands, App Stores, and Gaming Location
Console Games Market
Number of Console Gamers and Console Ownership
India Hero Project
Average Number of Downloaded Games per Year
Most Played Games and Average Gaming Hours per Week
Popularity of Digital Wallets among Indian Console Gamers and Subscription Like Services
Esports and Livestreaming
Esports Industry Revenue
Preferred Device for Esports Tournaments
Esports Engagement among Indian Gamers
Overview of the Top PC and Mobile Esports Tournaments
Overview of Gaming & Esports Content Consumption Behavior
Game Livestreaming Platforms and Monetization
Hardware and Infrastructure and Technology
Internet Cafe Attendance
5G Mobile Internet Usage
Reception Towards Play-to-Earn Mechanics Within Games
Localization and Monetization
Incorporation of Indian Elements in Games Localization
Importance of Games Localization
Barriers to Spending for Games
Reception Towards In-Game Ads
Unified Payments Interface (UPI) Usage
Regulations and M&A
Gaming-related Regulators in India
Recommendations for Developers and Publishers
Key Gaming M&A / Investment Events in India
Appendix (Genre List and Glossary)
Companies Mentioned
Accel
Acer
Activision Blizzard
AFCO Asia
Airtel
Alienware
All India Gaming Federation (AIGF)
Apple
Asus
Baldota Family Office
Better Capital
BHIM
Bigo Live
Black Shark
Bobble AI
Branded
CIIE.Co
Courtside Ventures
Dell
Driffle
Egg Network
Electronic Arts
Faad Network
Fingersoft
Galaxy Racer
GameEon
Gamerji
Gametion
Garena
Global Pay Media
Hitwicket
Honor
HP
Huawei
Imangi Studios
IndiGG
International Esports Federation (IESF)
Iqoo
Jetsynthesys
Jlo
Kalaari Captail
Konami
Krafton
Kratos Studios
Lenovo
LG
Lightbox
Loco
Lumikai
Marwah Sports
Mayhe m Studio
MeitY
Meta
Microsoft
MihoYo
Miniclip
Ministry of Youth Affairs
Mixi
Moon Active
Nazara Technologies
nCore Games
NetEase
Nexus Venture Partners
Nimo TV
Nintendo
Nodding Head Studios
Nodwin Gaming
Octro
OnePlus
OPPO
Outfit7
Pay tm
Pivot Ventures
Playrix
Poco
Prime Venture Partners
Prosus Ventures
Pyrodactical Studios
Qlan
Razer
RealMe
Reliance Jio
Riot Games
Rooter
Rovio Entertainment
Samsung
Sky Sports
Snax Gaming
SoftStar
Sony Interactive Entertainment
Sequoia Capital
Steadview Capital
Studio Sirah
Supercell
Supergaming
Supersonic studios
Taturs Ventures
The Esports Federation of India (ESFI)
TOP GAMES
Trifecta Capital
True Caller
Twitch
Valve
Vi
White Venture Capital
Xiaomi
YouTube
ZTE
For more information about this report visit https://www.researchandmarkets.com/r/71htu8
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