India now has second largest gamer base in world at over 369 million

India now has the second largest gamer base in the world with 396.4 million gamers, a new report has showed

online gaming
IANS New Delhi
1 min read Last Updated : Nov 27 2022 | 5:14 PM IST

India now has the second largest gamer base in the world with 396.4 million gamers, a new report has showed.

India now makes up 50.2 per cent of all gamers in the top 10 Asian countries' list, according to the data provided by market research firm Niko Partners.

"India is also the fastest growing market with a 5-year growth rate of 21 per cent for revenue," mentioned the report titled 'The Asia-10 Games Market'.

Niko Partners projects the Asia-10 PC and mobile game market will generate $35.9 billion in 2022, reaching $41.4 billion in 2026.

"Gamers are increasing at a much faster rate than revenue. Niko Partners projects the Asia-10 PC and mobile gamers will total 788.7 million in 2022, reaching 1.06 billion in 2026," the report said.

India, Thailand, and the Philippines are the fastest growing markets for games revenue and number of gamers.

Japan and Korea are the most mature markets in the Asia-10 region, accounting for over 77 per cent of revenue, said the report.

--IANS

na/dpb

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :gaming industryGamingIndia

First Published: Nov 27 2022 | 5:14 PM IST

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