Technology

Indian gaming market is expected to reach US $ 3.9 billion by 2025

New Delhi, October 5th: With the Indian gaming market ready to reach $ 3.9 billion by 2025, more than 40% of hardcore gamers spend an average of 230 rupees a month on games. (IAMAI) was screened on Tuesday. The pandemic accelerated the organic growth of digital games with 50% more mobile app downloads and 20% more user engagement.

While casual games continue to be India’s most popular genre, increased game time is spurring the growth of Indian hardcore gamers, based on smartphone brands OnePlus and Bangalore. A report produced in collaboration with market research firm Red Seer states. Gaming PC monitors the hit market in the Asia-Pacific region and records 21.7 million units. IDC expects gaming PC and monitor shipments to increase by 15% in 2021.

“We are at the forefront of the gaming revolution, the gaming ecosystem is working towards user-friendly smartphones and leveraging 5G technology,” said Jayesh Ranjan, chief secretary for Industries and Commerce and IT at Telangana. Stated.

“The gaming division emphasizes the importance of affordable smartphones with compatible hardware,” he said in his report. India currently has more than 430 million mobile gamers, which is estimated to grow to 650 million by 2025. Mobile games dominate this sector today, contributing more than 90% to India’s current $ 1.6 billion gaming market.

“The (global) gaming industry could match electronics and consoles could be manufactured in India,” said Saurabh Gaur, co-secretary-general of electronic information technology, based on Indian culture. Announced support for creating games for domestic viewers.

Indian games have joined the trend of mobile games due to the rapid spread of smartphones in the country. Currently, large console and PC games are curated for mobile platforms. This sector is also attracting investment, with nearly $ 1 billion invested in this sector in the last six months.

“In the last few years, the Indian electronic gaming industry has grown tremendously, driven by OEM innovation and the growing path to digitalization and accessibility, centered on affordability. We’ve done that, “said Navnit Nakra, Chief Strategy Officer and Chief Strategy Officer, India Sales Manager, OnePlus India.

Smartphones are becoming more affordable and feature powerful hardware equipped to run games that may require medium to high specifications. This gives access to more immersive games for the masses.

“In the last 12 years, we’ve had to update our GPUs (graphics processing units) more than 700 times, which is consumer demand,” said Rajen Vagadia, vice president and president of Qualcomm. ..

(The story above was first published in LatestLY at 6:36 pm IST on October 5, 2021. For news and updates on politics, the world, sports, entertainment and lifestyle, please visit our website. Please log on to. latestly.com).



https://www.latestly.com/technology/indian-gaming-market-expected-to-hit-usd-3-9-billion-by-2025-2920492.html Indian gaming market is expected to reach US $ 3.9 billion by 2025

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