Online gaming industry in India to reach $1 billion by 2021: Report

Google India and KPMG's report also notes that there has a 117% spike in search for online games by Indians and estimates that the online gamer base of 120 million gamers in 2016, will grow to 310 million by 2021

Published Date
12 - May - 2017
| Last Updated
12 - May - 2017
 
Online gaming industry in India to reach $1 billion by 2021: Repo...

Online gaming in India is tipped to grow considerably by the year 2021. A report by Google India and KPMG called Online Gaming in India: 2021, predicts that the online gaming industry in India will gain momentum and grow to $1 billion by 2021, from the current $360 million. This would mark a growth rate of 20 percent. The report also notes that there has been a 117 percent spike in search for online games by Indians. It is estimated that the online gamer base of 120 million gamers in 2016, will grow to 310 million by 2021.

The report notes that gamers spend a third of their of online entertainment wallet on games. Further, 75 percent of gamers have smartphones priced less than Rs. 20,000. Hardcore gamers tend to prefer strategy games, while casual games tend to play puzzle games. The report also notes that less than half of gamers are influenced by referral and peer group.

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