According to a report prepared by IAMAI together with OnePlus and RedSeer, the Indian gaming market will be worth USD 6-7 billion by 2025, up from USD 6-7 billion by 2025, up from USD 1.8 billion today. As per the report, 40 per cent of the hardcore gamers pay for their games with an average monthly spend of Rs 230.
The study revealed that the pandemic has accelerated the organic growth of digital games by increasing mobile app downloads by 50 percent and user engagement by 20 percent. In addition to this, casual gaming remained the most genre in India, increased gaming time has further fueled the growth of hardcore gamers in India.
The report was launched today by Shri Jayesh Ranjan, Principal Secretary of the Industries & Commerce (I&C) and Information Technology (IT), Department of the Telangana Government; Shri Saurabh Gaur, Joint Secretary Ministry of Electronics and Information Technology, in the presence of Mr Navnit Nakra, Vice President, Chief
Strategy Officer and Head of India Sales, OnePlus India, and Mr Rajen Vagadia, Vice President and President, Qualcomm at a Roundtable discussion around E-Gaming hosted by IAMAI moderated by RedSeer, Associate Partner,
Kanishka Mohan. “We are at the cusp of a gaming revolution and the gaming ecosystem is working towards user-friendly smartphones and leveraging 5G technologies,” said Shri Jayesh Ranjan, speaking at the roundtable. He also discussed the gaming industry’s potential for growth and the importance of user-friendly devices in this regard.
Also due to the rapid increase in smartphone penetration in India, gaming has jumped into the mobile gaming era with major console and PC games now being curated for mobile platforms. Reportedly the sector is also attracting significant investment interest, with nearly USD 1 billion invested in the last six months.
Over 400 million online gamers live in India today, with the number expected to rise to 650 million by 2025. Mobile gaming currently dominates the Indian gaming sector, accounting for more than 90 percent of the USD 1.8 billion gaming market which is expected to grow to USD 6-7 billion in value by2025, according to the report.
Smartphones equipped with powerful hardware that is capable of running games requiring medium to high specs have made more immersive gaming more accessible to the masses with smartphone OEMs also increasingly focusing on incorporating dedicated gaming features on their newest devices and launching gaming-specific phones.
“Over the years, OnePlus has been focusing on making the seamless integration of top-of-the-line hardware and software more accessible to a wider audience of gaming enthusiasts. The company had also introduced industry-leading innovative features that amplified the gaming experience for users such as 120Hz refresh rate, Warp Charge, Screen Recording, and Gaming Mode, which was later revamped to ‘Fnatic mode’. Further, the recently launched OnePlus 9R 5G was specially designed to cater to the demands of gaming enthusiasts, empowering them with smooth scrolling, immersive gaming controls and a superior viewing experience. Today, the OnePlus 9R 5G is one of the very few gaming phones in the market with an inbuilt VC cooling system. The introduction of OnePlus Games and Pro Gaming Mode have further enhanced the gaming experience for OnePlus users,” the report stated.
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