Initiatives on Gaming,
Animation & Infotainment Sector
India's gaming market was valued at $2.6 billion in FY 2022 and it will be worth $8.6 billion by 2027 as it clocks a compound annual growth rate (CAGR) of 27 per cent,
Indian gaming worth $2.6 bn in FY22, will grow four-fold by 2027
Estimated to Have - Chnage it to Currently 507 million gamers and more than 900 companies in the sector
Highly engaged gamers: almost 1/3rd play 5 days per week or more, nearly 40% spend more than 6 hours per week playing mobile games
Launch of multiple E-Sports leagues in India
Increase viewership of games with live streams and fan clubs
Over 300+ Esports cafes in India, a number on up rise, catering to over 40,000 gamers
Ecosystem development with emergence of Start –ups such as Moon Frog Labs, Tiny Mogul Games, Seven Submit Studio, Hashstash Studios, Juego Studios, 19 Studio, etc.