India is a country that is known around the world for its ability to enjoy and experience huge amounts of growth across a variety of different sectors, with the South Asian nation continuing to enjoy a rapid and evolving change.
Indeed, it has been able to experience change across a number of industries, with the mobile gaming sector appearing to be the next market sector set to enjoy a huge boom in the future. In fact, it has been claimed that the industry will grow at a faster pace in the coming years than it has done before, according to a recent study conducted by KPMG.
It was found that total revenue had been approximately Rs 13,600 crores last year, but this is expected to climb to around Rs 29,000 crore within the next couple of years. This has been highlighted by two different main factors: more freemium games being created and available to play, as well as an expected growth of more than 50% in regard to the number of mobile gamers.
Of course, with the continued increase in the number of cryptocurrency holders and the ability to wager at a crypto casino mobile platform nowadays, this is perhaps hardly a surprise. More and more Indians are now enjoying the best gaming experiences on their mobiles as they benefit from the ability to play their favorite wagering titles without consequence due to the advantages gained from crypto. Virtual currency allows them to eliminate restrictions that are in place, while also enjoying cross-border transactions, thus allowing them to bet while on their mobile devices.
Research shows mobile gaming on the rise
According to research and data collected, there were already around 433 million playing mobile games in India, with the vast majority of these defined as “casual gamers”. Many of these are involved in titles that involve real money, with Indian Rummy and Teen Patti proving to be very popular titles. In 2021, it is understood that revenue amounted to around Rs 4,980 crores, but this is expected to increase to Rs 6,130 crores in the coming years.
Furthermore, it is believed that mobile gaming will increase within the country because the screen time on these devices has continued to increase and it is a trend that does not appear to be fading away. More and more Indians found that they were using these mobile devices more often following the outbreak of the pandemic, with the average number of hours spent playing mobile games jumping from 2.5 hours every week to approximately 4.1 hours since April 2020; a figure that is almost double what it once was.
New games continue to be released
It should not come as a surprise to read the data from the study and find that the mobile gaming industry within India is on the rise, though, as titles have continued to be launched across a number of different devices, while gadgets have become more accessible and easier to build in order to enjoy them.
For instance, those who wish to play on a PC have found it easier as manufacturers of certain components that are required have made it easier for individuals to assemble their machines in order to have the capabilities of an improved gaming experience. Others are providing budget options that allow for game titles to be streamed effectively, too!
Developers are also looking to capitalize on the market that is available to them as they continue to bring their biggest titles to mobile devices as they look to capture as much audience as possible. We have seen instances of games that have been highly successful in the traditional gaming sphere have the same impact on mobile, as those unable to enjoy more conventional gaming experiences have turned to their smartphones and tablets in order to game as often as they can.
India’s gaming market continues to evolve rapidly and grow at a significant pace, and it does not come as a real surprise. It will, though, be very interesting to see how quickly it can grow and just how big it can potentially get in the coming years.
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