Indians will spend more on online gaming than on films by 2025: EY-Ficci

Sector is growing at twice the pace of filmed entertainment, study shows

Online gaming revenues are set to exceed those of filmed entertainment by 2025.

The filmed entertainment segment’s 2019 pre-pandemic revenue of Rs 19,100 crore was nearly three times that of online gaming’s (Rs 6,500 crore), shows data from the Ficci-EY media and entertainment (M&E) sector report released earlier this month.

The pandemic brought down movie revenues by 62 per cent. It is only estimated to recover to pre-pandemic levels in 2023 with Rs 19,400 crore in revenue.

The online gaming industry, meanwhile, continued to grow. It is estimated to have revenues of Rs 16,700 crore in 2023. This is expected