Esports Archives - Inc42 Media

Increasing mobile penetration and high usage has led to a surge in mobile gaming in India. The average mobile device user spends 3-4 hours every day watching OTT, playing games and music or on online shopping. Mobile gaming, however, is the fastest growing source of entertainment for Indian users. According to a KPMG-Google report, the Indian online gaming industry will add 190 Mn gamers and is poised to become a $1 Bn opportunity by 2021 from the current $290 Mn. This upsurge will create immense opportunities in the gaming ecosystem, employment generation, entertainment, engagement and market growth. Talking about the global scenario, interestingly, China is losing its global lead in gaming. By the end of 2019, the United States will replace China as the world’s largest gaming market, with an estimated revenue of $36.9 Bn, says a new report from research firm Newzoo. The report also highlights that mobile games will continue to outpace PC gaming and consoles in the coming years. As expected, emerging markets that are mobile-first and mobile-only will drive most of the boom in mobile gaming, which is on course to account for almost half (49%) of the entire sector by 2022. The Regional Hook Today, all the apps focusing on the Indian market are building capabilities to reach the masses through personalized content in regional languages. Gaming in regional languages is still a fresh idea, but it has become a vital strategy to reach out to consumers. Incorporating regional languages into their apps and platforms is helping developers drive adoption and expand their customer base. Gaming players are bringing social play and ‘Skill Game’ experience across more broad-based genres such as casual and multiplayer gaming experience in the hands of first-time smartphone users in Tier 2 and Tier 3 markets in regional languages like Hindi, Punjabi, Kannada, Bengali and Gujarati. Online gaming has become one of the most important segments of entertainment in the country today, and according to a report by Nasscom, India’s mobile games market is expected to reach 628 million users and be worth $1.1 Bn by 2020, up from $290 Mn in 2016. From Entertainment To Esports India is the fastest growing entertainment and media market globally and is expected to maintain that momentum, according to a recent PwC report on Entertainment and Media Outlook. It also states that in the next five years India will see significant growth in over-the-top (OTT), online gaming and Internet advertising. Online gaming has evolved over the years, donning a new hat in form of Esports, not only becoming more realistic and engrossing but also making a possible foray in the 2024 Paris Olympics as a demonstration sport. The Esports market is a huge draw and is burgeoning; according to the Newzoo Global Esports Market Report 2019, revenues from Esports are expected to surpass US$1 billion for the first time this year, with the global audience exceeding 450 Mn. With improving infrastructure India is poised to move into the top 10 global gaming markets by consumer revenue by 2023. Opportunities Ahead India is one of the fastest growing gaming markets globally, and gaming enthusiasts are no longer limited to Tier I cities. Tier 2 and Tier 3 markets have contributed significantly, triggered by the wave of affordability and better connectivity. Over the past few years, the boom in affordable and faster internet, along with increasingly affordable smartphones has tantamounted to better reach and engagement. Apart from this, performance and technology innovation are also two of the biggest factors driving gaming today. Similarly, gaming content is changing and growing with personalized and local content. Gaming is helping people build relationships and make friends online, empowering them in a way that has not been possible before. Today, a career in gaming has become a mainstream career option for youth and they are not shying away from it. In the last decade or so, there has been growing demand for professionals in this field, from data scientists and programmers to designers, audio engineers, gaming app developers and, lately, consumer behaviour experts. There are many more exciting jobs emerging, which are not just about being in front of the screen but about developing the whole gaming ecosystem behind gaming screens and in the cloud.

Blowhorn Raises Fresh Funding As It Eyes Domestic, International Expansion

Government Extends Ecommerce Guideline Feedback Submission To October 31

Tata Motors, IIT Bombay Students Collaborate On ‘EVoK’ Electric Race Car...

Exclusive: Zodius, Avendus Invest $2.7 Mn In Lingerie Startup Zivame

Geocoding, Real-Time Tracking And Sorting: How Locus Automated The Age-Old Logis...

How MPL Used Multiple Games And Localisation To Scale Up To 27 Mn Users In Under...

How RFPIO Is Optimising Sales, Operations With RFP Automation

BookMyForex Chases B2B Success After Bringing Foreign Exchange To Consumer Doors...

Time For ‘Startup India 2.0’: Can PM Narendra Modi’s Startup Policy For India Co...

How Vizag Is Building A Robust Startup Ecosystem To Compete With Regional Hubs

Inc42 UpNext: Can Paytm Money Be Paytm’s Trump Card In The Fintech Race?

Big On Potential, Short On Cash: India’s Slow Digital Growth In 5 Charts

Esports

Online Gaming: Riding The Crest Of A Wave Worth $1.1 Bn

Online Gaming: Riding The Crest Of A Wave Worth $1.1 Bn

Global eSports Takes Over International Competitive Video Gaming

Why Mark Cuban Has Chosen to Participate In Our UnikoinGold Token Sale (AKA) ICO...

Flipkart Launches Online Gaming Championship To Tap eSports

Unikrn Acquires Gurgaon-Based DotaProHub; Aims To Enhance Esports Statistics

Featured Stories

How Amazon Web Services Is Powering Digital India And The Government’s Smart Cit...

Big On Potential, Short On Cash: India’s Slow Digital Growth In 5 Charts

Festive Season Sales: Amazon Expands Furniture Category To Match Flipkart’s Pace...

Early Stage Investor Firm Kae Capital To Raise $60 Mn For Third VC Fund

As Series A, B Investments Rise In Logistics And Fintech, Startups Must Beware U...

Inc42 UpNext: Can Paytm Money Be Paytm’s Trump Card In The Fintech Race?

India’s FMCG 2.0 Moment: Can FMCG Startups Tap Digital Media To Compete With Est...

The Uncanny Valley: How Artificial Intelligence, Automation Have Eroded Human In...

Government On Private Carpooling: Makes Guidelines For Restrictions, Revenue

Mixer by Inc42 Media

BIGShift Ahmedabad

Founders Meetup 9th Edition By Inc42

Featured Stories

What's hot?

Upcoming Events