The size of the eSports market in India boomed at a compound annual growth rate of 74 percent between the fiscal years 2021 and 2023. Forecasts suggest that the market is expected to maintain this growth trajectory over the coming years, expanding to a market size of 344 million U.S. dollars in 2027. The official recognition of eSports and the encouragement of sponsorships and partnerships in India have been crucial to this growth.
Compound Annual Growth Rate (CAGR) of eSports market in India between financial year 2021 and 2023, with an estimate until 2027
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Redseer. (November 16, 2023). Compound Annual Growth Rate (CAGR) of eSports market in India between financial year 2021 and 2023, with an estimate until 2027 [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1426323/india-cagr-of-esports-market/
Redseer. "Compound Annual Growth Rate (CAGR) of eSports market in India between financial year 2021 and 2023, with an estimate until 2027." Chart. November 16, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1426323/india-cagr-of-esports-market/
Redseer. (2023). Compound Annual Growth Rate (CAGR) of eSports market in India between financial year 2021 and 2023, with an estimate until 2027. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1426323/india-cagr-of-esports-market/
Redseer. "Compound Annual Growth Rate (Cagr) of Esports Market in India between Financial Year 2021 and 2023, with An Estimate until 2027." Statista, Statista Inc., 16 Nov 2023, https://www.statista.com/statistics/1426323/india-cagr-of-esports-market/
Redseer, Compound Annual Growth Rate (CAGR) of eSports market in India between financial year 2021 and 2023, with an estimate until 2027 Statista, https://www.statista.com/statistics/1426323/india-cagr-of-esports-market/ (last visited December 03, 2024)
Compound Annual Growth Rate (CAGR) of eSports market in India between financial year 2021 and 2023, with an estimate until 2027 [Graph], Redseer, November 16, 2023. [Online]. Available: https://www.statista.com/statistics/1426323/india-cagr-of-esports-market/