Gaming: Growth of the fast-growing gaming industry in India, India included in the markets of the top five countries of the world

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At present, there are more than 400 gaming companies and 42 crore online gamers in the country. Only China has more online gamers in the world than India.

5G telecom services launched in the country The growth of the domestic online gaming industry has been the fastest in recent years.

According to Boston Consulting Group and venture capital firm Sequoia, the online gaming industry in India is currently growing at a rate of 38 percent annually. This growth rate will increase further after the introduction of 5G telecom services in the country. 

Compared to India, this growth rate in America is only 10 percent and China has registered a growth rate of eight percent.

According to KPMG, there are currently more than 400 gaming companies and about 42 crore online gamers in the country. 

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Only China has more online gamers than India. India has become one of the top five mobile gaming markets in the world. KPMG has estimated that the revenue of the Indian gaming industry will cross Rs 29,400 crore by the end of 2023-24.