Niko Partners, a consulting firm covering all video game-related news in the Asian subcontinent released the 2021 report for the Video Games market in India as well as their five-year forecast till the year 2026. The firm also released reports for 9 other individual countries in the subcontinent including Indonesia, Japan, and more. Read on to know more details about why this report presents a particularly optimistic outlook of fastest growing video games and the future of gaming and indeed mobile gaming, in India.
India – A Rising Force in Video Games market
In terms of population, India is the second-largest country in the world so it does have the potential as the latest growing video games market. With such a huge populace, it is no secret that companies all over the globe are prioritizing India as one of the top markets for any product they wish to sell.
Games are no different and the report published by Niko partners effectively backs this up. Some of the main takeaways from the report include:
- The total revenue of gaming in India (mobile and PC gaming included) is expected to reach 534 million dollars for the year 2021.
- The report also estimates that India will account 56% of all mobile and PC gamers in the top ten Asian countries in the year 2025.
- India is the fastest growing market among the top 10 Asian countries, both in the number of gamers and money generated.
- Mobile gamers in India average more hours per day than any other market in the region, clocking up to 14.1 hours on mobile games each week.
The detailed report can be found here.
The future for games, and mobile gaming, in particular, looks very promising in India. The ease of access and cheap cost of mobile gaming makes it an enticing opportunity to the general populace and companies have started making some serious moves in the region. Expect these numbers to only increase in the future.
What do you think about the 2021 video games market report for India? Let us know in the comments below.
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