The Gaming Market in India To Grow 113% by 2025
India's player base will jump by 52% in the next four years, a report shows.
The Indian gaming market is headed for rapid growth in the next 4 years, according to a new report from KPMG in India. KPMG's new report Beyond the Tipping Point: A Primer on Online Casual Gaming in India shows that the total Indian gaming market is expected to grow 113% from $1.83 billion this fiscal year to $3.91 billion in 2025. At the same time, the player base is projected to grow 52% from 433 million to 657 million.
The report breaks the industry down into casual games, real-money card and casino games, and online fantasy sports. The online casual gaming segment is poised to see the greatest growth, KPMG expects, with revenues growing 182% from $808 million this year to $2.28 billion in 2025.
KPMG cites many factors behind this expected growth. According to the report, macro trends like the increasing adoption of smartphones in the country, growth in digital infrastructure, a young population, and increased adoption of digital payments should help spur demand.
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