As of financial year 2023, the market size of India's real money gaming (RMG) segment was the largest among all the gaming sector categories, valuing two billion U.S. dollars. Comparatively, eSports accounted for the smallest segment of the booming market. Overall, the gaming sector in India was estimated to grow at a CAGR of 20 percent by fiscal year 2028, owing to a high conversion rate of gamers to paid users predicted in the coming years.
Market size of the gaming sector in India from financial year 2021 to 2023, with an estimate for 2028, by category
(in billion U.S. dollars)
Characteristic
FY 2021
FY 2022
FY 2023
FY 2028*
eSports, streaming and others
0.03
0.03
0.04
0.1
Casual and Hypercasual
0.4
0.5
0.7
2.3
Midcore and Hardcore
0.4
0.6
0.4
2.7
RMG
1.1
1.5
2
2.4
Created with Highcharts 7.2.2Market size in billion U.S. dollarsFY 2021FY 2022FY 2023FY 2028*RMGMidcore and HardcoreCasual and HypercasualeSports, streaming and others
02468
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Lumikai. (November 2, 2023). Market size of the gaming sector in India from financial year 2021 to 2023, with an estimate for 2028, by category (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 19, 2025, from https://www.statista.com/statistics/1401082/india-gaming-market-size-by-category/
Lumikai. "Market size of the gaming sector in India from financial year 2021 to 2023, with an estimate for 2028, by category (in billion U.S. dollars)." Chart. November 2, 2023. Statista. Accessed February 19, 2025. https://www.statista.com/statistics/1401082/india-gaming-market-size-by-category/
Lumikai. (2023). Market size of the gaming sector in India from financial year 2021 to 2023, with an estimate for 2028, by category (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 19, 2025. https://www.statista.com/statistics/1401082/india-gaming-market-size-by-category/
Lumikai. "Market Size of The Gaming Sector in India from Financial Year 2021 to 2023, with An Estimate for 2028, by Category (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Nov 2023, https://www.statista.com/statistics/1401082/india-gaming-market-size-by-category/
Lumikai, Market size of the gaming sector in India from financial year 2021 to 2023, with an estimate for 2028, by category (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1401082/india-gaming-market-size-by-category/ (last visited February 19, 2025)
Market size of the gaming sector in India from financial year 2021 to 2023, with an estimate for 2028, by category (in billion U.S. dollars) [Graph], Lumikai, November 2, 2023. [Online]. Available: https://www.statista.com/statistics/1401082/india-gaming-market-size-by-category/
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