Online gaming in India: Reaching a new pinnacle. Online gaming is expected to witness a shift in the age composition of gamer(s). Highest growth in gamer base is likely to be contributed by middle aged gamer(s) (Age 25-40 years). They are expected to constitute ~ 42 per cent of total base by 2021. Online Gaming/Gambling laws in India prohibit betting or wagering and any act which is intended to aid or facilitate the same. Gaming/Gambling being a State subject, gaming/gambling in India have laws which differ from state to state . This would mean what is permitted in one State may be an offence in another. India's online gaming industry has been buzzing with activity of late. The industry has already seen phenomenal growth and offers vast potential ahead, given India's young population and the The market value of the gaming industry in India was around 62 billion Indian rupees in 2019 and was estimated to go up to over 250 billion rupees by 2024. The number of new job opportunities in The online gaming market in India has seen tremendous growth of late, driven, in part, by the surge in digital usage. The revenues have nearly doubled over a period of four years, reaching INR43.8 billion in FY18 and are expected to grow further at a CAGR of 22.1 per cent from FY18-23, expected to reach INR118.8 billion. 01 The increase New Delhi: At this time of PUBG and other mobile games, reports suggest that the online gaming industry is expected to grow at a compound annual growth rate (CAGR) of 40% to USD 2.8 billion by India is among the top five online mobile gaming countries globally. Around 5.6 billion mobile gaming apps were downloaded in India in 2019, the highest in the world. More recently, online shooter games like PUBG, Call of Duty, and Fortnite have expanded their mobile gaming userbase in India. What about rapidly growing online casinos, which became essential part of online gaming. An online casino (virtual casino, online casino) is a site or special program that allows you to gamble on the Internet. Online casino sites may specialize in various types of gambling: slot machines, roulette, poker, or other card games. Subway Surfers, Temple Run, Angry Birds, Candy Crush are a few games which are quite popular in India. There are also a lot of games such as Skatelander, Real Cricket, and Teen Patti which are developed in India. As there is a large market for these games in India, there are many companies who develop these games. India’s online gaming industry has already attracted $350 million in investments from venture capital firms between 2014-2020. India is the second largest market worldwide for app downloads.
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