SME Futures Explains : Gaming Industry in India
The online gaming market in India has seen tremendous growth of late, driven, in part, by the surge in digital usage. Online gaming revenues are growing at 22 percent annually, and the industry is estimated to reach Rs 11,400 crore by 2023. That is nearly 3 times growth from 2014 when revenues stood at Rs 4,400 crore.
There are about 250 million game developers in the country, up 10 times from 2010 when there were just 25 million. Games like pubG, dream11, clash of clans, subway surfer and candy crush are on top of the gamers list.