Impressed with the burgeoning popularity of online gaming in India and the ever-rising purchasing power of Indians, Sharma foresees India becoming one of the top five gaming countries in the world in the coming years.As technology advances, mobile gaming is becoming more power-intensive and complex. Rightly so, especially with the way battlegrounds games such as PUBG Mobile India and Garena Free Fire are getting traction. The report predicted that in-app spending in casual and hyper-casual gaming is expected to balloon at a rate of 30–40 per cent over the next five years due to the increase in paying customers. Mobile-friendly real-money gaming platforms like Dream11, Rumm圜ircle, MPL, Winzo, and Junglee Rummy, among others, have spent millions of dollars in advertising and marketing campaigns to make gamers get the addiction to winning cash in high-risk games.Ĩ0 million people were paying gamers in 2020, with real-money games still accounting for the majority of the market's revenue, according to ‘India Gaming Report 2021’ by Lumikai and Redseer. Rise And Rise of Real Money, Action Gamesīluestacks CEO Sharma said that real money gaming is becoming really popular in India. The report estimated rapid growth for the gaming segment in 2022 as well. According to a March 21 report by EY and FICCI, in terms of annual revenue, the online gaming market in India increased by 28% from approximately $1 billion in 2020 to $1.25 billion in 2021.
The number of online gamers in India is indeed increasing at a rapid pace. (ALSO READ: Microfinance borrowers' resilience behind MFI industry's turnaround post-COVID: Muthoot Microfin CEO) Sharma called the rise of mobile gamers in India a ‘grassroots evolution’. Narrating another such incident, Sharma said that he saw two people playing Ludo King, another popular game that has successfully hooked millions on their smartphones, near Charminar in Hyderabad. (ALSO READ: Swiggy Moonlighting Policy: Company allows employees to work with other firms to make more moolah) Both have tens of millions of users who tirelessly enjoy playing them for long hours. India’s digital revolution, fueled by cheaper bandwidth, affordable smartphones, and access to high-speed internet, has indeed provided the much-need push for mobile gaming.įor the unversed, PUBG Mobile and Garena Free Fire are two of the most popular free-to-play battle royale games in India. CEO of Bluestacks Rosen Sharma, who overheard the conversation between the two security guards, told Zee News English that he has been visiting the bank for the last 20 years, and has always watched them playing cards to kill boredom. New Delhi: “Freefire khelna hai ya PUBG? (Want to play Freefire or PUBG?)” a security guard asked his fellow at a bank near Bluestacks office.
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