Introduction: In recent years, India has witnessed an unprecedented surge in the popularity of gaming, with millions of enthusiasts across the country embracing gaming as a mainstream form of entertainment. From casual mobile gaming to competitive esports, the gaming industry in India is experiencing exponential growth, fueled by technological advancements, increased internet penetration, and changing social dynamics. Let's delve into the data and reports that shed light on this burgeoning gaming craze sweeping across India. The Explosive Growth of the Gaming Market in India According to a report by EY titled ‘New frontiers - Navigating the evolving landscape for online gaming in India’, over the past three years, the online gaming industry has grown at a 1CAGR of 28%, reaching INR16,428 crore in FY23. It is likely to reach INR33,243 crore by FY28 and the sector shows potential to expand job opportunities to 2,50,000 by 2025. Raghav Anand, Partner, EY said, “India's online g...
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