Investor's Psychology

Is Online Gaming Industry in India on the Brink of Extinction?

Created on 14 Jul 2023

Wraps up in 9 Min

Read by 93 people

Updated on 10 Aug 2023

Premium articleElite

From playing platform games like Mario on our computers to spending hours playing online games on mobile phones, we have come a long way. Almost 1/3rd people in the world have a hobby of either fighting battles in games like PUBG or trying their luck on betting game platforms like Rummy. The rest of the population frowns upon this lifestyle choice and wonders why anyone would spend money and time on mere video games. But, the craze of online games is here to stay and will only increase rapidly with time.
The gaming industry, both online and offline, is a big arena today. The global gaming market in 2022 was $249.55 billion and is estimated to reach $665.77 billion by 2030. Asia Pacific, which includes countries like India, China, Japan, Korea, Bhutan, Bangladesh etc., is the continent with the largest and fastest-growing gaming market.

Likewise the Indian gaming market is increasing with astounding speed and is estimated to grow at a CAGR of around 28.5% by 2029. The graph below represents a clearer picture of this industry in India.

You are missing out on so much.

To continue reading, Subscribe.

You can have unlimited access to all the Elite Articles. Log in to check if your Finology account is ready for Elite.

By Subscribing to Finology One, you can unlock more superpowers -

  • Up to 3 premium articles every week
  • 15+ Stock recommendations with Recipe.
  • 45+ premium courses with Quest.
  • Valuation Calculators and more tools with Ticker.

You get all of these in one, with One.

comment on this article
share this article
Photo of Preeti Gupta

An Article By -

Preeti Gupta

128 Posts


613 Post Likes

A book-lover who adores everything fictional, Preeti has undertaken the life mission of tasting every flavour available in the pantry. A science student with a Master's in Mass Communication, she now wishes to conquer the Finance world as a writer. With the power invested by the randomly chosen music, she is here to make Finance fun for you.

Topics under this Article

Share your thoughts

We showed you ours, now you show us yours (opinions 😉)

no comments on this article yet

Why not start a conversation?

Looks like nobody has said anything yet. Would you take this as an opportunity to start a discussion or a chat fight may be.

Under Investor's Psychology

"A few" articles ain't enough! Explore more under this category.

Share this post
share on facebook


share on twitter


share on whatsapp


share on linkedin


Or copy the link to this post -

copy url to this post