According to latest research report by IMARC Group “India Mobile Gaming Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2023-2028” The mobile gaming market in India is expected to exhibit a growth rate (CAGR) of 18.9% during 2023-2028.
India Mobile Gaming Market Overview:
Mobile gaming refers to playing video games on portable devices, such as smartphones and tablets. It features 2D or 3D graphics that are created using royalty-free, cross-platform application programming devices. It relies on high-end components, including a fast graphics processing unit (GPU), central processing unit (CPU), large random-access memory (RAM), and high-resolution display screens. It is generally designed to be played in short sessions and is easy to pick up and play. It can be downloaded from the internet or portals of mobile operators via infrared connection, Bluetooth, and memory cards. It ranges from simple and basic games to more sophisticated games, such as 3D and augmented reality games.
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India Mobile Gaming Market Drivers:
The growing adoption of smartphones among individuals is driving the market in India. Coupled with this, the rising penetration of high-speed internet connectivity is contributing to the overall growth of the market. Moreover, the increasing utilization of innovative technologies for developing virtual reality (VR) and augmented reality (AR) games and 3D gaming is providing a boost to the demand. Since mobile gaming offers instant gratification, with games available for download and play anytime, anywhere, this is creating a positive market outlook. Furthermore, the growing number of esports leagues and mobile gamers is acting as other growth-inducing factors. The market is further driven by the escalating demand for digital entertainment and extensive research and development (R&D) activities by key players.
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Key Market Segmentation:
Breakup by Monetization Type:
- In-app Purchases
- Paid Apps
- Advertising
Breakup by Platform:
- Android
- iOS
- Others
Breakup by Game Type:
- Sports
- Strategy
- Action
- Adventure
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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