Future of Indian Gaming Markets is Mind Blowing

11-Mar-20

10:49:24 AM

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Future of Indian Gaming Markets is Mind Blowing

We have more than 2 billion active devices on Android across the world. These devices have been absolutely functioning making over 250 million apps download each day. Apps designers and developers make unlimited hay while the sun is shining.

China exceptionally stays far the largest on the footings of usage and revenue, but the one which has managed the most rapid change over the previous few years is India. The country is progressing so quick in terms that every boss of the field puts the sight on it.

In recent years, there has been a revolution in faster internet supply and pocket-suited smart phones usage. This is one of the major cause that country has seen extraordinary upswing in the field of online gaming.

Due to rise of high passion for internet, mobile gaming has been gently inventing gamers with keen interests to rock in the field. Because a large number of smartphones in India run on Android, Google has been the top patron of the Indian apps and gaming industry.

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ndia has already overtaken the US as world’s second market in app downloads, with 12.1 billion. As per the calculation of App Annie by 2022, India will be able to take 37.2 billion downloads a year, a growth rate of 207% — which makes it by far the fastest growing app market in the world.

Appsflyer has predicted that India has currently the largest number of apps installations and used per month in the world and has left the US behind for the same.

The average data use per subscriber grew 2500% from 65 MB per month in 2014 to 1.6 GB per month in 2017. This fantastic upturn in Indian apps economy has boomed mainly because of the stake of 4G data, and rise of cheaper smartphones from Chinese markets. From 2016 The 4G revolution was started in 2016 by Reliance Jio allowing free 4G data, and secured the shocking number of 177 million users in less than 18 months.

Nasscom has reported that the market of India's mobile games is likely go 628 million users and be worth $1.1 billion by 2020, more than $290 million in 2016. Among all the looming markets, India has become the largest in terms of downloads with over 2.8 billion game downloads in the first half of 2018. A report by Google and KPMG in 2017 says, India is one of the largest future markets in relation The online gaming industry in India, which at present is worth of $350 million, is capable to progress upto $1 billion at a CAGR of 20% by the year 2021.

Various leading causes of this massive growth include: the growth of net data users to 750 million by 2020, almost 300 million smartphone due to the expansion of low-price and well built smartphones, revolutionary mind change of Indian youth in terms of digital products and more.

The Indian gaming industry doesn't seems to stop any time soon when we see that 43% of Indian population is presently of 15-40 age which means India is growing with deep interest in online platforms. Already roughly 60% of the Indian internet population is playing online games. Online gamers have been predicted to grow from 250 million to 530 million by 2021 at a CAGR of 17% and more than hundred online game developers are preparing to get started with the business in the next 4-5 years.

The future date is thus very propitious. People will pay digitally with an increase from 60-80 million in 2016 to 300 million by 2020. There would be opportune aspects in localised games keeping strong mix up of traditional games online. Thus the developer environment in India is on the big rise and even Google is mostly settled to sustain the growth of Indian gaming markets.

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