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India Online Game Market is projected to grow at a CAGR of around 23% during the forecast period, on account of increasing smartphone user base, rising internet penetration and surging disposable income.
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India Online Game Market - By Device, By Game Model, Competition, Forecast and Opportunities, 2024 Market Reports on India Provides the Trending Market Research Report on “India Online Game Market By Device (Mobile, PC and Console), By Player Format (Single Player and Multi-player), By Game Model (Free to Play, In-app Purchases and DVD Games), Competition, Forecast & Opportunities, 2024” under Information Technology category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. India Online Game Market is projected to grow at a CAGR of around 23% during the forecast period, on account of increasing smartphone user base, rising internet penetration and surging disposable income. Another factor which is directly impacting the market is age demographics. Major population in the country is young and below 26 years of age, which is the major age group segment in the online game market. Generally, gamers engage in gaming for stress relief and social interaction. Owing to aforementioned factors, online game market in India is expected to register strong growth during the forecast period. India online game market can be segmented based on device, player format and game model. On the basis of device, the market can be categorized into console, PC and mobile. Mobile segment dominated the country’s online game market in 2018 and is anticipated to maintain its leading position in the coming years as well, on account of affordable cost of smartphones and rising penetration of internet in rural and urban areas. In terms of player format, the market can be bifurcated into single player and multi-player. Multi-player segment is likely to grow at an impressive rate, as it engages more number of gamers and offers an opportunity for social interaction. Request a free sample copy of Online Game Market Report @ http://www.marketreportsonindia.com/marketreports/sample/reports/1753769 Online game is gaining traction across the country. In terms of regional analysis, the market can be segmented into north region, south region, east region and west region. Online game market in north region is growing at a brisk rate, on account of high internet
penetration in the region. Major players operating in India online game market include EASport, Tencent, StomStudio, Nazara Technologies, AGTech Holdings Ltd., 2K Games, Inc., Gameloft, Ubisoft, Rockstar North, Zynga, 99Game, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. The number of game-developing companies grew from 25 in 2010 to over 250 in 2018. In 2018, Alibaba’s AGtech Holdings and India digital payment company Paytm, as part of a joint venture, launched Gamepindi in India. Years considered for this report: Historical Years: 2014-2017 Base Year: 2018 Estimated Year: 2019 Forecast Period: 2020-2024 Objective of the Study: • To analyze and forecast India online game market size. • To classify and forecast India online game market based on device, player format, game model and regional distribution. • To identify drivers and challenges for India online game market. • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India online game market. • To identify and analyze the profile of leading players operating in India online game market. Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of service providers across the country. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the service providers which could not be identified due to the limitations of secondary research.
Our Research analyzed the service offerings, distribution channels and presence of all major service providers across the country. Browse our full report with Table of Contents : http://www.marketreportsonindia.com/marketreports/india-online-game- market-by-device-mobile-pc-and-console-by-player-format-single-player-and- multiplayer-by-game-model-fr/1753769 About Market Reports on India: Market Reports on India is an excellent source to obtain top quality market research reports that helps you to understand the business in the Indian market. We cover various industries, identifying and understanding key macro and micro-economic trends, insights and futuristic growth opportunities. To help achieve all this and more, Market Reports on India is the answer to all your business needs. Contact us at: Market Reports on India Tel: +91 22 27810772 / 27810775 Email: info@marketreportsonindia.com Website: www.marketreportsonindia.com Follow us on : Twitter, Facebook, LinkedIn Keyword: online game market, online game market report, online game market analysis, online game market forecast, online game market outlook, online game market research report, online game, games market, india online game market, online game industry, suriname online game market, ukraine online game market, online game market trends, online game market size, online game market share
