[ad_1]
The market of Mobile Games in India is constantly touching new heights. Mobile gaming has come a long way from the early days of snake games on Nokia phones to the next generation of smartphones offering high-definition graphics and immersive gameplay that rivals even the most popular console games. Mobile gaming has evolved as much as the mobile devices themselves.
Kovid-19 epidemic gave wind
According to the news, due to the Kovid-19 epidemic and the ban imposed during that time, the mobile gaming segment shone as it fulfilled the desire of the entertainment-seeking public. The Indian mobile gaming market witnessed a huge boom during this period, which is still continuing in this sector. During the Covid-19 wave, consumers turned to online channels in a big way.
Every fifth mobile gamer in the world is in India
Pavan Nanda, co-founder of WinZO Games, said that there has been a significant uptick in the adoption of important pillars of the economy – banking and payments – which has made India the world’s largest gaming market from the third largest mobile gaming market. Every fifth mobile gamer in the world lives in his own country. According to a recent report by marketing firm Moingage, the mobile gaming market in the country is expected to reach $8.6 billion by the end of 2027 due to rising smartphone penetration, low-cost smartphones and more affordable data plans.
How much is the current market estimate
The report also estimates that the current valuation of the Indian gaming industry is $2.6 billion. India presents a significant opportunity for mobile gaming and is expected to become a $7 billion market by 2025, Nanda said. The sector is expected to see the emergence of five Decacorns (10 billion dollar startup companies) and 10 Unicorns (1 billion dollar startup companies), making them highly attractive for Foreign Direct Investment (FDI) as compared to others.
Why India has seen an increase
As a mobile-first nation, India has seen a significant growth in mobile gaming in recent years due to the convergence of powerful premium smartphones, improved data connectivity, rise of a new generation of influencers as well as user-generated content influenced by them. Is. Prabhu Ram, Head of Cyber Media Research (CMR) at Industry Intelligence Group, said that this trend will continue, both mobile and PC gaming will gain strength in the coming times.
women spend an average of 11.2 hours per week
In particular, there has been an increase in the amount of time spent gaming by serious female gamers and mobile gamers, Ram said. According to Lumikaize’s State of India Gaming Report 2022, published in collaboration with Amazon Web Services (AWS), women spend an average of 11.2 hours per week playing video games, while men spend 10.2 hours per week. The survey found that 60 percent of gamers were male, while 40 percent were female.
Sports Games Most Wanted
According to CMR, nearly five out of six smartphone users play games on their smartphones to relieve stress (44 percent) and pass the time (41 percent), and often immerse themselves in another character (26 percent). Sports games are the most liked (53 percent) among gamers. After this comes the number of action / adventure games (51 percent). When gaming on their smartphone, battery life is important to seven out of eight gamers. A report released by Statista, a German online platform specializing in data gathering and visualization, revealed that the number of mobile gamers in India in 2022 was more than 174 million, and downloaded mobile games The number of was more than 9.3 billion.
read this also
How camera works in mobile phone, here understand the whole technology, role of these components
[ad_2]
Source link