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Game On! India Levels Up to Become the World’s Second-Largest Mobile Gaming Market

Updated: May 07, 2025 18:58

Image Source: Fortune India
India's gaming sector is on a record scale, and it's expected to touch ₹66,000 crore by 2029-at a staggering 14.5% CAGR, almost twice the global average of 8%. This growth is driven by a mobile-first economy, huge internet penetration, and a young population that is digitally literate, turning India into the second-largest mobile gaming market in the world by downloads-3.5 times that of the US or Brazil.
 
Important Points
  • Blast User Base: India has 590 million players, with 23 million new users in FY24 alone. The nation is now approximately 20% of the globe's players and experiences more than 11 billion yearly mobile game downloads.
  • Investment Attractor: The industry received $2.8–3 billion worth of investments and foreign direct investment, with real money gaming (RMG) leading revenues and taking up 85% of the market.
  • Employment Generator: Gaming is becoming a huge employment generator, with expectations of over 2 million high-skilled positions by 2034, and over 1.3 lakh professionals currently working.
  • Innovation Centre: Indian studios are transitioning from the role of consumers to becoming world creators, creating homegrown IPs and using AI, blockchain, and immersive technologies to match up on a global stage.
  • Economic Pillar: Gaming is rapidly becoming a pillar of India's digital economy, with industry leaders and investors placing bets on its ability to unlock up to $60 billion in value by 2034.
  • Challenges Remain: Regulatory clarity, talent development, and infrastructure investment are required to maintain momentum and see India continue to rise as a global gaming powerhouse.
India's gaming boom is rewriting the rules-retransforming from a domestic hobby into a worldwide economic and cultural influence.
 
Source: Business Today, Economic Times, BW Marketing World

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