The report estimates India has a consumer base of around 568 million gamers and is home to approximately 15,000 game developers and programmers.
India is the fastest growing mobile gaming market and the annual revenue of the overall Indian gaming industry is expected to almost double to USD 6 billion by 2028 from USD 3.1 billion in 2023, a joint report by Interactive Entertainment and Innovation Council and online gaming firm Winzo said on Wednesday.
The India Gaming Report 2024 based on Interactive Entertainment and Innovation Council (IEIC) analysis and secondary data, projects paying gamers to reach 240 million by 2028 from 144 million paid users for games in 2023.
Conversely, about 30 per cent of Indian gamers averaged between 31 and 45 years, and their gaming preferences lean towards strategy games, according to the report.