India Gaming Market Forecast: Technological Advancements and Market Trends
India Gaming Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the India Gaming Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the India Gaming market by thorough analysis, and projections are made up to 2030.
Projected Growth Trajectory for India Gaming Market:
The India Gaming Market size was valued at USD 1.54 Billion in 2023. The total India Gaming revenue is expected to grow at a CAGR of 28.5% from 2024 to 2030, reaching nearly USD 8.92 Billion by 2030.
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India Gaming Market Scope and Methodology:
The approach that gives investors relevant information by combining descriptive analysis and SWOT analysis is covered in the study. Giving a complete picture of the India Gaming market is the study's main objective. The process of gathering data involves a variety of methods, such as questionnaires and surveys. After then, mathematical, statistical, and numerical techniques are used to evaluate the data. Gathering and categorizing data is crucial since a combination of qualitative and quantitative research methodologies are needed to identify India Gaming market trends.
The buyer-direct scenario, RD projects, innovative forms of development, cutting-edge industry practices, and market consolidations and acquisitions are all carefully examined in order to evaluate the potential futures of the market. Included in the research are charts, organizational portfolios, methods, and a critical evaluation of well-known corporate leaders. A thorough SWOT and PESTLE analysis was conducted on the India Gaming Market in order to pinpoint market trends and provide microeconomic factors.
India Gaming Market Regional Insights:
The Regional Analysis section displays the present state of the India Gaming market in each of the study's participating nations. Due to the complexity of the India Gaming business, local perspectives must be considered. North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa are the regions that comprise the India Gaming market. We extensively examine each research region's market size, growth rate, imports and exports, as well as other particular characteristics.
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India Gaming Market Segmentation:
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 revenue share of the market over the projected period and dominated the game type segment in 2022. Throughout the projection period, Real Money Games are anticipated to expand at a noteworthy 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 led 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. PUBG Mobile, Call of Duty Mobile, Free Fire, Apex Legends Mobile, and the Grand Theft Auto series are among the most popular games.
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India Gaming Market Key Players:
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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Key questions answered in the India Gaming Market are:
- What growth strategies are the players considering to increase their presence in India Gaming?
- What are the upcoming industry applications and trends for the India Gaming Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the India Gaming Market?
- Who are the leading companies and what are their portfolios in India Gaming Market?
- What segments are covered in the India Gaming Market?
- Who are the key players in the India Gaming market?
- Which application holds the highest potential in the India Gaming market?
- What are the key challenges and opportunities in the India Gaming market?
- What is India Gaming?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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