Home Legislation The Rise and Rise of the Online Gaming Industry in India

The Rise and Rise of the Online Gaming Industry in India

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A few years back, people in India and the rest of the world had to connect high-end consoles to their equally high-end televisions in order to enjoy high-quality gaming. However, everything has changed significantly since those days thanks to a number of technological innovations that have made accessing these games not only much easier but also significantly more affordable even for the average consumer. This is clearly portrayed by the success of games like PlayerUnknown’s Battlegrounds (PUBG) and Fortnite, both of which have contributed to the rise of the online gaming community in India. All one needs in order to enjoy high-quality gaming experiences these days is a decent smartphone, a situation that is made even better by the fact that cheap smartphones are getting very good and good smartphones are also becoming cheaper.

Needless to say, India has always been a tech-savvy country and it was only a matter of time before it caught the online gaming bug. Still, the effects of this have been monumental to the growth of the global online gaming industry and this is what makes the country’s online gaming industry. To put this into perspective, Forbes reports that the number of game developers in India grow from just 25 in 2010 to a whopping 250 in 2018. In addition to that, the country’s gaming industry is currently valued at around $890 million with the mobile industry alone expected to hit a staggering $1 billion by 2020.

How Does This Relate to Gambling?

These projections would have been considered to be too ambitious 5-10 years ago but the fact that the gaming industry continues to grow especially in the mobile sector proves that the industry certainly has a lot more potential. As it turns out, this trend also applies to real money online casino games as well – these include such popular titles daily fantasy sports and poker which have been growing rapidly in India. Since real money is involved in most cases, more players are joining gaming platforms in order to enjoy the additional kick.

Game developers and operators have been working diligently in order to cater to the growing numbers of players and to ensure that their services are available across different platforms. In addition to the thrill of playing the casino games for recreation, there is also a growing number of players who are playing the casino games professionally. All these are clear signs that the online gambling industry is still on a positive trajectory in all parts of the globe, a trend that will certainly not slow down anytime soon. In the meantime, stay tuned.

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