Online gaming industry in India to reach $1 billion by 2021: Google, KPMG
The report projects that the online gaming industry in India is expected to gain momentum and grow to US$1 billion by 2021.
Highlighting the growth opportunities in the digital gaming industry in India, Google India and KPMG has released a report, ‘Online Gaming in India: 2021’. The report projects that the online gaming industry in India is expected to gain momentum and grow to US$1 billion by 2021, from the current US$360 million, at a growth rate of 20 per cent. With a 117 per cent spike in searches for online games by Indians, it is estimated that the current online gamer base of 120 million gamers in 2016 will grow to 310 million by 2021.
The ‘Online Gaming in India: 2021’ report provides a detailed overview of the online gaming industry in India, its potential growth, the challenges and growth opportunities for developers. In addition to this, the report, highlights the consumer insights in terms of demographics and their gaming preference, their usage and spending patterns.