India’s Online Gaming Industry to Grow At 22% CAGR Between FY 2018 – 2023

Date posted: Friday 8 March 2019

Mobile phones accounts for the majority of online gaming revenues in India. Number of fantasy sports operators in India witnessed a seven times growth since 2016, while the user base grew 25 times.250 mn online gamers and game developing companies were recorded in 2018 as compared to 20 mn and 25 mn, respectively in 2010.Major drivers for the mobile gaming growth is increasing smartphone affordability and penetration, expanding internet user base and declining data prices.

(inc42)

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