GAMING INDUSTRY

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The gaming industry is no longer a niche arena for a certain age group or consumer segment. With the advent of mobile gaming and improvements to hardware used in playing these games, gaming has become a viable form of entertainment for players from all backgrounds and ages. The improvements to hardware such as sound cards, graphics and faster processors have meant a related growth and development of the gaming industry as well. As a result, modern games, especially those that are PC based, have become very demanding as applications and serious gamers are among those who purchase high-powered personal computers to keep up with the newest games.Types of Gaming: PC Gaming, Console Gaming, Mobile Gaming.

With one of the world’s largest youth population, India is poised to become one of the world’s leading markets in Gaming Sector. Currently valued at USD 890 million, the Indian Gaming Industry is estimated for the annual growth rate of 14.3 per cent with mobile Gaming taking the lead at 71% share.the Indian game developer ecosystem will have ample opportunity to innovate and provide compelling content with social and cultural context, which is key in engaging the Indian consumer. With experience outsourcing, QA testing and developing products combined with availability of creative talent, advanced technology and low-cost, Indian markets provide the best opportunity for collaboration and development work.In 2018, the gaming industry generated almost $135 billion.That is a 10.9% growth in just a year. It marked a steady 10% growth for two years. It is expected to reach $180.1 billion by 2021.