India's gaming industry is growing at a rapid pace, outstripping the average growth rate of the economy and helping to provide an increasing number of jobs. In 2016, India's gaming market was worth $290 million, but by the end of 2021, it's expected to surpass $1 billion. This growth has been helped by a userbase of more than 628 million Indian gamers, who now make up one of the largest gaming markets in the world.
As Indians are spending more on games, they're helping to build the Indian gaming market and increase demand for localized content from game developers. This increased demand is bringing more developers to India, helping create jobs in the country. The growing gaming market has also included Dreamz online casino sites and sports betting, which have seen growing numbers of Indian users. Provided these sites are legal and regulated, they can provide a lot of benefits to players and the market as a whole.
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There are lots of different reasons why the Indian gaming market has seen rapid growth over the past few years. The country itself is also seeing a growing economy, with more jobs and a higher number of people with disposable income. As around half of the population of India are 25 or below, a large number of those are drawn to online gaming, playing by themselves or with friends.
Other reasons for the rapid growth include:
The number of developers in India is growing, and this includes game developers too. Unsplash
Indian gamers cover a wide range of demographics, including male and female, old and young. Popular games include action and adventure, but many Indian players also enjoy puzzle games and quizzes. Over the next few years, the number of gamers in India is likely to continue to grow and, with it, the gaming industry. As demand for Indian gaming content increases, more major developers are rushing to produce games for the Indian market. Many have also partnered with local developers to approach the Indian gaming market in the right way.
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