The Online Gaming industry in India has turned into the most invigorating area that is rising investments from gamers and companies correspondingly. It isn’t at all astonishing that in 2022, the gaming business is projected to outreach at an amazing $3.6 billion income by 2022. India has a significant part in helping this gaming industry to grow all together.
The gaming industry has various segments involved in which the specific real money gaming is likely to grow at 40% CAGR from 2022-22. A key pattern in this segment involves expanding support for games like poker and rummy which are likely to fall under the game of skills and is legal in India and this has led to more new users in the segment.
Online sports income is relied upon to ascend at a CAGR of 36% over the course of the following three years. As observed gamers invest more time watching others users play online games than they do watching TV for traditional games. In the meantime, fantasy sports income expanded nine times in the pre-pandemic years somewhere in the range of 2017−18 and 2019−20, coming to ₹16,500 crores. An Indian user spends 3.6 hours per week in watch e-sports matches.
COVID-19 has driven the development further as gamers hooked on to online gaming platforms during the lockdown due to a lack of entertainment sources. The time spent on gaming applications, expanded by 21% during the initial lockdown where the total customer base crossed 300 million users and 45 per cent of the Indian population is observed playing games on their cellphones as a result of the outbreak.
The online gaming and eSports sector in India is noticing development and has been growing at an increasing pace. With the simple availability of technology, the online gaming area is rising especially in millennials and Gen-Z. The population from rural areas has also been a major part of the growing industry. There are a large number of online platforms that have been introduced as an outcome of online gaming industry growth during Coronavirus.
These platforms allow users to play on their platforms and attract them with numerous offers for sign-ups.
With the increasing demand and interest observed in online gaming, there have been many online platforms that direct you to top sites to play. Let Me Analyze, an online platform where users can get complete guidance on online gaming like a variety of games and sites to play on! The experts have reviewed the sites that make the user gaming experience better.