Indian online gaming industry to add 190 million gamer(s) and become a USD one billion opportunity by 2021, from USD 290 million today
Highlighting the growth opportunity for the online gaming industry in India, Google and KPMG today launched a report, ‘Online gaming in India: Reaching a new pinnacle’. The report, which gives a comprehensive overview of the current trends in the online gaming industry, projects that by 2021 the size of the online gaming industry is expected to grow more than 3X to cross US $1 billion.
The report outlines that next phase of growth of online gaming will be driven by the rise in internet penetration, proliferation of low cost smartphones and improved digital payment reach. However, this opportunity has unique consumption patterns and gaming behaviour as compared to global counterparts. This KPMG in India - Google report attempts to capture the consumer profiles, preferences, drivers and payment behaviour.
© 2019 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.