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Indian Gaming Industry Poised To Be Worth $4.5 Billion By 2025: AIGDF

A recent report by the All India Game Developers Forum (AIGDF) has said that the Indian gaming industry is poised for substanstial growth.

A recent survey by the All India Game Developers Forum (AIGDF) highlights the sector’s rapid expansion, rising investments, and increasing job opportunities. Employment in the industry is projected to grow 250,000 jobs, underscoring its growing role in India’s digital economy.

A report reveals that India’s gaming sector attracted $2.78 Billion in investments from FY20 to FY24 YTD. This surge in funding reflects the industry’s transformation, driven by advancements in technology and a growing talent pool extending beyond metro cities. On a global scale, the video gaming market, valued at $199.74 Billion in 2022, is projected to reach $307.19 Billion by 2029, growing at a 6.3% CAGR.

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ALSO READ: Nazara Technologies Expands Gaming Business Overseas

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India is emerging as a significant contributor, with its gaming market expected to reach $3.9 Billion by 2025. Key factors driving this growth include increased internet accessibility, affordable smartphones, and a rising interest in gaming across diverse demographics.

By now, generations of Indians have played, or know someone who plays online games. With time, the concept of games has changed too,with online games, commonly termed as Massively Multiplayer Online Games (MMORPGS) becoming the new normal, as compared to the Single Player games that once dominated the market.

Online gaming is becoming an increasingly lucrative market in India, and several companies are now investing money and increasing their investments in earlier investments in gaming entities. Nazara Technologies, one of the most popular gaming companies in India, has been on a investing and procuring spree since at least last year.

The Indian Government is putting some support behind the gaming companies in India. Recently, the Prime Minister of India, Narendra Modi has said that he would like to see Indian developers lead the gaming industry boom. Earlier, a Karnataka Minister had said that he sees Karnataka being at the centre of the gaming boom in India and even globally. 

For example, Bangalore-basedNazara Technologies has decided to expand its gaming business overseas. 

With so many positive aspects for the gaming industry, it remains to be seen how much of this growth will be absorbed by the real money gaming, poker and casino industry in India. 

Gutshot Magazine provides the latest information about poker and the real money gaming industry. From tournament series itineraries to winners lists, to interviews with some of the most popular poker players, we have it all. 

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