India play Online games: 2021 Report Highlights and Future Outlook for 2024
According to KPMG’s “India Online Casual Gaming Report,” the Indian gaming market is projected to experience explosive growth over the next four years.
The report estimates that the total value of the Indian gaming market will rise from ₹136 billion (US$1.83 billion) this year to ₹290 billion (US$3.91 billion) by 2025, representing a growth of 113%.
During the same period, the number of gamers in India is expected to increase by 52%, from 433 million to 657 million.
The report categorizes the Indian gaming industry into “casual” games, gambling games, and online virtual sports. KPMG predicts that the online casual gaming segment will see the most significant growth, with revenue surging from ₹60 billion (US$808 million) this year to ₹169 billion (US$2.28 billion) by 2025, a growth of 182%.
The report highlights several macro trends driving this growth, including the increasing use of smartphones, improvements in digital infrastructure, a growing young population, and the expansion of digital payments in India.
Additionally, KPMG anticipates that with the continued development of local studios, better game content localization, and rising investor interest, the supply side of the gaming market will also grow healthily.
The report also emphasizes some differences between the Indian market and more mature markets. For instance, the majority of India’s casual gaming market is mobile-based, with only 9% of players using PCs and just 4% using gaming consoles. Casual games are predominantly ad-driven, with only 40% of revenue coming from consumer spending, and this proportion is expected to rise to 41% by 2025.
India Online Casual Gaming Report 2021
Market Overview: The 2021 report on India’s online casual gaming sector highlights the rapid growth and evolving landscape of this industry. The online casual gaming market in India has experienced significant expansion, driven by various factors, including increased smartphone penetration, improved digital infrastructure, and a growing base of young, tech-savvy consumers.
Key Findings:
2024 India Online Casual Gaming Report
Market Overview: The 2024 report provides a comprehensive analysis of the online casual gaming market in India, highlighting the sector’s significant growth and evolving dynamics. The Indian online casual gaming market continues to expand rapidly, driven by technological advancements, increased smartphone penetration, and a growing user base.
Future Outlook: The outlook for the Indian online casual gaming market remains positive, with continued growth expected. The report underscores the importance of adapting to evolving consumer preferences and leveraging technological advancements to stay competitive in this dynamic industry.
Summary: The online casual gaming market in India has experienced unprecedented growth, with projections indicating a significant increase in both market value and player base. The sector is now expected to reach ₹290 billion (US$3.91 billion) by 2025, driven by the rise in smartphone use, improved digital infrastructure, and a young, tech-savvy population.
Summary: The latest report reveals that the Indian online casual gaming market is booming, with revenue growth driven by mobile gaming and ad-supported models. The number of gamers is anticipated to hit 657 million by 2025, showcasing the market’s expanding reach and the growing importance of digital entertainment in India.
Summary: India’s casual gaming sector continues to evolve, with significant advancements and growth in 2024. The report highlights the dominance of mobile gaming, the increasing role of localized content, and the impact of technological innovations on the industry’s future trajectory.
Summary: The 2024 report offers detailed insights into India’s thriving online casual gaming market. Key findings include a forecasted market size of ₹290 billion (US$3.91 billion) by 2025 and a substantial rise in the number of gamers. The report also addresses challenges such as regulatory issues and market saturation while identifying opportunities for innovation and growth.
Summary: India’s online casual gaming market is on an impressive growth trajectory, with the latest data indicating a robust increase in market value and user engagement. The 2024 report emphasizes the rise of mobile gaming, the significant role of advertisements, and the promising future of game localization and technological advancements.