Over 100 Million Indians Embraced e-Gaming In '20
The coronavirus pandemic came as a huge benefit to the Indian gaming industry - according to a new KPMG report, the industry has added more than 100 million Indian users in the past year.
By contentwriteramisha
The number of online players increased from around 300 million in 2019 to 433 million in FY20-21. Revenue doubled from 6 6,200 million in FY19-20 to ₹ 13,600 million in FY20-21.
And while Spotlight has been marred by real money games like poker and rummy, and fantasy online gaming companies like Dream 11, it seems to be growing at a comfortable pace. According to a report by KPMG, casual sports revenue over the past fiscal year, which targeted a large audience, amounted to Rs 6,020 crore, while real and fantasy sports recorded revenue of Rs 4,980 crore. and Rs 30,430 crore respectively.
In 2020, India had the highest number of game downloads in the world in terms of ease of mobile play (excluding China), while T1-T32020 downloads were 7.3 billion, with game downloads global mobiles (around 43 43). (17%). Period, ”the report says.
The growth of the Indian gaming market over the past year has been documented. In January, mobile games company Octro said its Teenpatti game saw a significant 800,800% increase last year, with more than 150 million players playing at the time. South Korea claims that Krafton Inc.'s upcoming game, Beat Grounds Mobile India, has received over 2 million registrations this month. Battlegrounds Mobile India is one of the alternative sites for the popular mobile war game PUBG, which was banned in India last year.
Growth is driven by increased smartphone and Internet penetration, but the report noted that it also helped increase the supply of world-class game titles, local content, and new features. He said the covid lockdown last year was a "turning point" for the gaming industry in India.
However, despite the growth of the online gaming segment, most players in India still use mobile phones to play games. Mobile phones accounted for 94% of the country's consumer base, with PCs and consoles accounting for 9% and 4%, respectively.
The report estimated the value of India's online gaming segment at 13,600 million rupees and said it would grow to an incredible 21% annual growth rate of 29,000 rupees over the next five years.
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