Summary
The market is segmented by Type of Gaming (Mobile Gaming, Console Gaming, PC/Downloaded Games)
Market Overview
India Gaming Market Overview
The India Gaming Market was valued at USD 2,993 Mn in 2023 and is projected to expand significantly, reaching USD 8,184 Mn by 2030. The rapid rise in smartphone penetration and growing digital literacy among the younger population has propelled mobile gaming to dominate the industry. In 2023, sponsorships and highly competitive esports tournaments emerged as lucrative revenue streams, further accelerating market growth. Regionally, the western part of India leads the gaming ecosystem, with Mumbai—home to over 20 million people and having one of the highest smartphone adoption rates—contributing the largest share to the country’s gaming landscape.
India Gaming Market Definition
Definition of India Gaming Market: The Indian Gaming market includes the total monetary revenue derived from manufacturing, sales & distribution of gaming products & services within the country. It is segmented by mobile, console and PC browser and downloaded games. Under Mobile gaming, the revenue accrued through mobile games (tablet & smartphone) is further segmented in terms of these platforms namely, Android & iOS. These revenues are indicative of revenues generated through in-app purchases, subscriptions & paid app illustrations. Revenues from hardware sales (tablets and smartphones), advertising, and online gambling and betting revenues are not considered while evaluating the market estimates. Both national & multinational companies have been considered for this report including Sony, Electronics Art Games India Pvt Ltd & Walt Disney India, to name a few.
Taxonomy
India Gaming Market Ecosystem
India Gaming Market Size (in USD Mn), 2019-2023
The India Gaming Market, valued at USD 1,029 million in 2019, expanded rapidly to USD 2,992.6 million in 2023, registering an impressive CAGR of 23.8% during 2019–2023. This remarkable growth has been driven by the widespread availability of affordable smartphones, rising internet penetration, a strong and evolving IT sector, increasing foreign investments, and India’s large and youthful population. The COVID-19 pandemic further accelerated market expansion, as homebound users turned to digital entertainment and online interactive platforms during prolonged lockdowns. Meanwhile, game developers have continued to enhance user experience by launching new titles and improving gameplay across consoles and platforms such as Xbox, PlayStation, and Windows PC. Additionally, the surge in game streaming, coupled with the availability of open source capturing and broadcasting tools, has significantly increased the number of hours spent watching gaming video content. Games that encourage creative content creation and competitive participation generate shareable, unique gameplay moments viewed by millions, contributing to the sector’s momentum. The emergence of multiple gaming platforms and unique competitions that empower gaming content creators has further fueled the sustained growth of the Indian gaming ecosystem.