India Gaming Market Overview: Regulatory Landscape and Consumer Preferences

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India's Gaming Market Positioned for Exponential Growth
The India Gaming Market is experiencing unprecedented growth, with market size escalating from USD 1.54 billion in 2023 to a projected USD 8.92 billion by 2030, reflecting a robust compound annual growth rate (CAGR) of 28.5% during this period. This surge is primarily driven by widespread smartphone adoption, affordable internet access, and a burgeoning youth demographic.
Competitive Landscape and Regional Demand
The Indian gaming ecosystem has witnessed a proliferation of gaming studios, expanding from a mere 15 in 2009 to over 275 by 2022. Key industry players such as Nazara Technologies , Dream11 , and Mobile Premier League (MPL) have been instrumental in shaping the market dynamics. The mobile gaming segment dominates, propelled by the accessibility of smartphones and high-speed internet, positioning India among the top five mobile gaming markets globally.
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Asia-Pacific: Gaming Market Opportunities and Consolidation

The Asia-Pacific region stands as a formidable force in the global gaming arena, with China, Japan, and South Korea leading the charge. The market size in this region was valued at USD 84.3 billion in 2023 and is anticipated to reach USD 113.1 billion by 2025, at a CAGR of 9.5%. Mobile gaming dominates, particularly in China, where titles like Honor of Kings and PUBG Mobile have massive user bases. The region is also witnessing consolidation, with mergers and acquisitions among gaming companies aiming to expand their portfolios and market reach.


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Market Segmentation: In-Depth Analysis:

by Type


Casual Games
Real Money Games
Online Fantasy Sports
E-Sports
Others

Depending on the Type of Game Casual games are predicted to have the biggest share of the market over the projected period and dominate the game type segment in 2022. Throughout the projection period, Real Money Games are anticipated to expand at a notable compound annual growth rate (CAGR) of 5.6%. By 2030, the number of users is predicted to rise from 433 million to 657 million, a more than 50% increase. Online fantasy sports, where players create fantasy teams and win money based on points earned; e-sports, which are professional gaming competitions where players compete for prize money; and casual games, where players play to kill time; and real-money games, where players wager real money in online games.

by Category

Action
Shooter
Role-Playing
Sports
Others

With the largest share of 25% in 2023, the Action sector leads the Indian gaming market by category. At the conclusion of the forecast period, the sector is anticipated to continue to dominate the market and grow at a compound annual growth rate (CAGR) of 6.8%. With a variety of subgenres like first-person shooter, battle royale, and hack-and-slash, action games captivate thrill-seekers with their heart-pounding adrenaline. Games like Call of Duty Mobile and PUBG Mobile, which are tailored for mobile devices in India, are popular among sports fans. Social aspects that improve player experiences and community building include leaderboards and multiplayer.

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Learn about the top players driving innovation in the Market:


1. Hyperlink InfoSystem
2. Sony Corporation
3. Unanimous Studios
4. Nintendo
5. Scientific Games
6. Microsoft Corporation
7. Griptonite Games
8. HData Systems
9. GSN Games
10.Nimblechapps
11.Rolocule
12.Nautilus Mobile
13.Electronic Arts
14.Timuz
15.Nazara Technologies
16.Spartan Group
17.Zensar Technologies
18.White Widget
19.TCS
20.Fgfactory
21.Scand
22.HData Systems
23.Dream 11
24.99 Games25.

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