Overview of GAMING INDUSTRY

1. Video Gaming
Industry

2. INTRODUCTION
Gaming has always been into the blood of Indians. They just love playing
games whether it be on the fields or off the fields The expansion of this
love in the dimensions of Computer gaming has surely not gone
unnoticed. Video Games have been a popular pastime across the world
since the 1970s. When seen in reference to the present day scenario, the
virtual world of Gaming has become an unavoidable dimension of its
own, leaving no stone unturned in gaining prominence in India like
never before.

3. Gaming Industry-A brief overview
• Gaming is developing into one of the key growth segments in
India with the country having majority of its population as youth.
COVID-19 pandemic has acted as biggest recruiter in the gaming
pool and that around 45% of the Indian population started playing
games during this period.
The Indian Gaming industry is one of the fastest growing
industries in the country today. Highly skilled manpower and
dramatic cost-effectiveness have made India a sought after hub of
animation industry.

4. Indian Gaming market

5. Accelerating factors in the Growth
● High percentage of young population.
● Steadily rising disposable incomes.
● Significant rise in penetration of personal computers and
mobile phones in everyday life.
● Significant rise in penetration of personal computers and
mobile phones in everyday life.
● Proliferation of game developers.

6. Market Segmentation

7. The gaming industry in India can be
Categorized into 3 segments-
• Mobile Gaming
• Console Gaming
• PC & Online

8. Mobile Gaming
Mobile Gaming is one of the most lucrative markets with a bright future
valued at USD 119 billion.
Steady rise in the number of wireless subscribers along with increasing
usage of data enabled handsets is providing a strong base for the
gaming industry.
The market is expected to reach 330 billion by 2030.

9. Console Gaming
Console Gaming contributes the largest share of gaming revenues both
globally as well as in India.
The global Gaming Console Market size was USD 34.27 billion in 2019.
It is projected to reach USD 51.15 billion by 2027, exhibiting a CAGR of
5.3% during the forecast period.

10. PC Gaming
Presently, rise in the usage of social networking and proper marketing of
online gaming has made the concept of social gaming immensely
popular.
The global digital pc games market size will grow from $10.86
billion in 2022 to $12.67 billionn in 2023.
It also has a compound annual growth rate (CAGR) of 16.7%.

11. Conclusion
The purpose of the presentation is to describe the present situation with
regard to the ways in which the gaming industry has touched a chord
with our lives. Once the gaming industry in India completely develops, it
will grow to be one of the best markets in the world. In short, the
gaming has only just begun...