India Games Market Report 2022: India's PC and Mobile Game Markets are Projected to Reach US$1.4 Billion in 2026,?with 630 Million Gamers
India Games Market
Dublin, March 03, 2023 (GLOBE NEWSWIRE) -- The "India Games Market Report" report has been added to ResearchAndMarkets.com's offering.
What You'll Learn From This Report:
India has quickly become one of the most important markets that the publisher tracks and is the fastest growing market by both revenue and gamers in the Asia-10 region, which the publisher classifies as: SEA-6 (Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam), Japan, South Korea, Chinese Taipei, and India. India has the largest gamer base in the Asia-10 region and the second largest in the world, behind China. India is a mobile first market that 2016 underwent a digital revolution.
India's nearly 400 million gamers account for over half of the 788 million gamers in Asia-10 and are a formidable force to be understood and served by developers and publishers, hardware and peripherals companies, streaming platforms, and advertisers and sponsors.
India's gamers combined with the rest of Asia-10 gamers and China's 702 million gamers equal to 1.5 billion gamers -nearly 20% of the worldwide population and 36% of the Asia-10 population. They are an important user base with immense growth potential.
The Report Includes:
Market model and 5 year forecast through 2026
Macroeconomic data
Revenue
Revenue by genre
Gamers
ARPU
Results of a survey of more than 1,000 gamers.
Top games
Top publishers
Trends
Market developments
Local market updates
Esports
Esports tournaments
Esports teams and sponsors
Regulatory overview
PC ownership
Impact of gaming on PC purchase
PC brand and spending
PC accessory brand
PC game spending and payment methods
PC gaming hours
Console
Top PC games
Internet cafes
Mobile games spending
Top mobile games
Mobile gaming behavior
App stores
Mobile payments
91 slides
30+ exhibits
Key Takeaways from the Analysis:
India's PC and mobile game markets are projected to generate player spending of US$704.5 million in 2022 with 396.4 million gamers, growing to reach US$1.4 billion in 2026?with 630 million gamers
This excludes revenue from Real Money Gaming, which is currently an important yet separate part of India's games market
India is the fastest growing market in Asia-10 for both revenue and gamers and it is also the second largest games market in the world by gamers, behind China
India is a mobile first market with 98.8% of gamers playing on the platform, accounting for 85% of total market revenue. Data costs in India are the lowest in the world and 5G has started rolling out this year.
Indian gamers spend an average of 14.1 hours per week on mobile games and India has the highest proportion of mobile gamers across the Asia-10 region that play over 5 hours per week
Propensity to pay has increased with a higher number of spenders and higher spending per paying user. 34% of gamers in India spent money on games in 2022
2023 will have a lower growth rate than 2022 because this will include the first full year impact of BGMI's ban. The growth rate could be revised down if additional mobile games are banned in 2023
Companies Mentioned
Activision Blizzard
AppLovin Corp
Asus
Azur Interactive Games Limited
Big Network
BitKraft Ventures
Bombay Play
Booyah
Care Game
CD Projekt Red
Crazy Labs
Egg Network
Electronic Arts
Embracer Group
Epic Games
Facebook Gaming
Galaxy Racer
Game Eon
Gamerji
Games 247
Gametion
Google Play
Ivy
Jio Games
Krafton
Lila Games
Loco
miHoYo
Miniclip
Moon Active
Nautilus Mobile
Nazara Technology
nCore Games
Nintendo
Nvidia
Octro
Outfit7
Playrix
PlayVerse
Riot Games
Rockstar India (Rockstar Games)
Rooter
SayGames
Skyesports
Sony
Supercell
SUPERSONIC STUDIOS
The Gaming Project
TOP GAMES INC.
Twitch
Ubisoft
Upskillz Games
Valve
Voodoo
Winzo
Xbox
For more information about this report visit https://www.researchandmarkets.com/r/mx3co1
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