Maple Capital Advisors

NEW DELHI: Mobile gaming contributes more than 90% to the current $1.6 billion gaming market in the country, according to the latest report by the Internet and Mobile Association of India (IAMAI).

India is currently home to over 430 million mobile gamers and the number is estimated to grow to 650 million by 2025, according to the study accessed by IANS. 

The pandemic has accelerated the organic growth of digital games as mobile app downloads grew by 50% and user engagement went up by 20%. 

May 27, 2020 20:05
MUMBAI: India’s online gaming industry has attracted about $350 million in investments from venture capital firms between 2014 and first few months of 2020, growing at a CAGR of 22%, and by 2024, is set to be valued at $3.75 billion, according to a new study.