The online game industry in India seems to have a bright future in 2019 with the accelerated growth recognized by enthusiasts having good disposable income. The ecosystem is also paying attention as several gaming startups emerging on a regular basis.
The online gaming industry thrives with the increasing appetite for digital gaming in India. The industry is growing radically in comparison to the other sectors. The global giants are taking great advantage of the different innovative opportunities which come with this industry but the startup developers also benefit from this. The considerable rise in the digital gaming industry in India is mainly because of its connection with the smartphone. According to a recent study, the number of smartphone users in India is going to reach 530 million by the end of 2019. Additionally, the mobile games market in India is expected to hit $1.1 billion by 2020. The number of users is set to hit a mark of 628 million. Thus, it is pretty evident that several gaming developers are going to capitalize on the increasing number of smartphone users for capturing a portion of the market. New content is being introduced constantly to satisfy the growing demands of the users who are continuously looking for brand new forms of entertainment. As per the research of 2018, the gaming industry has seen a boom of 10% while TV entertainment has gone up by just 8%.
Increase in Smartphone Adoption
Early in the 90s, it was difficult to get access to the game. The games had to be installed on desktops or consoled. Nevertheless, in the last two decades, the world has seen the increasing popularity of digital gaming due to its easy accessibility. Now, every other person is using a smartphone and games can be downloaded from Indian gaming sites just with a tap of a finger. In fact, users do not even have to pay a price to download them. All users need is an active internet connection. The rising use of smartphone has also turned out to be an important factor that contributed to the online gaming industry’s success. It is quite unlike the conventional gaming era where you will be where you can easily download. Thus, the adaptation of the smartphone has resulted in the accessibility of the games and also led to the reduction of the data pack cost.
Introduction of New Gaming Formats
The formats of games play an important role when it comes to attracting users and changing the way in which they played games in previous times. This craze for mobile phones games has become prominent with real-world games being made available for smartphones. These kinds of games will enable users to play it on their mobile phone and involves real money. Thus, they are able to compete against other players across the players through one device. The online gaming industry has an innovative format and they change the whole arena of entertainment that is now changing its course from televisions sets to mobile phones. The new gaming formats have great prospective for the gaming developers, as well as graphic designers as they use state-of-art technology for accelerating the growth of the industry in this year.
Great Opportunity for Bigger Players
Since the last two years, the online gaming industry in India is increased to a billion-dollar opportunity for all investors. The popularity of it has made online gaming companies and investors to support the industry with investment and take the maximum profit out of growth. These companies are developing new games to cater to the growing demands of the players. With affordable mobile internet and increased use of smartphones, India is reaching great heights and this is giving way to new opportunities to big online players, as well as investors. The number of game developing companies has increased from 25 in 2010 to 250 in 2019.
This article was written exclusively for All India Gaming Federation