Wednesday, 18 March 2020

Emerging Gaming Industry in India

Expect Indian Gaming Industry To Cross $1 Billion Within Two Years.


The Indian gaming industry is witnessing its first commercial upsurge. Over the past few years, the boom in affordable, faster internet, along with increasingly affordable smartphones have seen exponential growth in the field of online gaming. Mobile gaming has been gradually producing gamers with serious gaming intent, and given that an overwhelmingly large section of all Indian smartphones run on Android.
With increasing access to affordable broadband mobile and greater choice in smartphones across price bands, the mobile gaming industry has seen an upsurge in the last few years. According to a report by Nasscom, India's mobile games market is expected to reach 628 million users and be worth $1.1 billion by 2020, up from $290 million in 2016Among all the emerging markets, India is the largest in terms of downloads with over 2.8 billion game downloads in the first half of 2018.
Globally, Android has over 2 billion active devices, and over 250 million apps are downloaded every day from the Play Store. There remains a huge opportunity for developers across the globe to develop successful and scalable businesses across the platform. In India, the developer ecosystem is on the rise.
Looking at this number growing continuously,  the gaming industry in India to reach $1 billion by 2021, giving a large commercial opportunity for the players in the ecosystem.

1 comment:

Please Comment Your Review about blog