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Digital Gaming Market in India Thriving on Technological Advancements

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Andrew Thomas
Digital Gaming Market in India Thriving on Technological Advancements

A new report published by Research on Global Markets titled "Digital Gaming Market In India (2018-2023)" studies the performance of the digital gaming market in India over a five year assessment period from 2018 to 2023. The report presents the value forecast of the digital gaming market in India and provides key insights into the factors driving market growth as well as the factors restricting market growth. According to the Research On Global Markets analysts, increased internet and smartphone penetration, improved digital payment infrastructure, advancement in technologies, rising income level, and change in game preferences are the main reasons for the popularity of digital games in India.

Digital Gaming Market in India – Market Insights

The report published by Research On Global Markets suggests that India is emerging as a popular outsourcing destination for global gaming companies owing to the high availability of skilled game developers and a rapid upsurge in the country's gaming market. On the basis of technology, the Indian digital gaming market is segmented into mobile gaming, computer gaming and console gaming. Mobile gaming holds the largest share of the market. In India, strategic games like Clash of Clans, Call of Duty and Counter Strike are played mostly.

Currently, the Indian gaming industry is witnessing a paradigm shift from console gaming to mobile gaming mainly due to the growth and improvement of wireless connectivity in the country. Various mobile gaming companies are focusing on increasing adoption of Platform as a Service (PaaS) as this is expected to help companies in creating games in a short span of time.

According to Research On Global Markets, the growth of the Indian digital gaming market is mainly driven by the global rise in smartphone ownership, and India has the second highest smartphone users. Studies have revealed that smartphone users in India spend four hours per day on gaming apps. Technology too is playing a key role in the Indian digital gaming industry. Due to the recent advancements in technology, many of the latest new games are incredibly life-like and attractive to the users, which is also attracting a considerable amount of new as well as existing gamers.

However, threats in the form of pirated versions of the digital games that are easily available across various online sources as well as in CD/DVD formats, which enable the gamers to play their desired games for free or at low costs, is a significant growth deterrent for the digital gaming market in India.

Research On Global Markets tracks the performance of some of the major players operating in the digital gaming market in India including 99Games Online Pvt. Ltd., Creatiosoft Solutions Pvt. Ltd., Dhurva Interactive, Electronics Arts Games India Pvt. Ltd., Gameloft Software Pvt. Ltd. and Nazara Technologies Ltd., among others.

Some of the key topics covered in this report are:

• Overview of the Indian digital gaming market
• Historical, current and forecasted market size data for the Indian digital gaming market (2016 to 2023)
• Qualitative analysis of the Indian digital gaming market and its segments (by technology- mobile gaming, console gaming and computer gaming, by types of games – strategy, casual, action, sports, simulation and others)
• Qualitative analysis of the major drivers and challenges affecting the market
• Analysis of the competitive landscape and profiles of major players operating in the market

For more information on this market, request a free sample report.

About Research On Global Markets:
Owned by Netscribes, Research On Global Markets draws from the company’s vast experience in market research and intelligence. For any queries related to our products and services, feel free to get in touch with us at [email protected].
 
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Research On Global Markets
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Email: [email protected]
Website: https://www.researchonglobalmarkets.com

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