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Further use of blockchain and generative AI can enable other kinds of experiences. Video games came to India decades ago—to the delight of children and despair of parents. Since then, it has consistently won fans across ages, thanks to evolving technologies.

The reason for the growth

Raji stood out for the significant attention it garnered as a game developed in India and appreciated in Western markets. Last year was significant for Indian developers as well as how Indian culture was portrayed in video games. In March 2023, Xbox unveiled a programme aimed at assisting “underrepresented creators”, selecting The Palace on the Hill by Indian developer Niku Games as one of the beneficiaries. In May, Sony introduced a similar initiative to support up-and-coming game developers, especially in India. And then in July, Toronto-based Visai Games released Venba, which has been praised for its portrayal of Indian immigrants in Canada and the experiences of the Indian diaspora.

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The online gaming industry in India is witnessing rapid growth and has the potential to become a global hub. Analyze the factors driving this growth and the challenges faced by the industry. Experts said that the country’s gaming industry is expected to witness a 2.5x growth and reach INR 38,097 crore by 2026. They further added that the number of employees in the country’s gaming industry is further projected to increase by 50%, and take the sector’s overall growth trajectory to more than 113% by 2025. Furthermore, India’s gaming industry is expected to reach US$ 8.6 billion by 2027. With robust consumption, innovations around building paid game models and advertisers using gaming as a viable medium to advertise on, the sector is bound to witness unprecedented growth and emerge as a sunrise sector in India.

• We will not process a replacement or refund if the pickup is cancelled owing to missing MRP tag.
• India’s gaming industry has attracted ~ $350 mn in investments from VCs between 2014 and first few months of 2020, growing at a CAGR of 22%, as per a report by Maple Capital Advisors.
• With a burgeoning youth population, widespread accessibility to smartphones and high-speed internet, India’s gaming sector is poised to leave an indelible mark on the global gaming landscape.
• Innovations in animation, artificial intelligence, virtual and augmented reality technologies are improving game design.
• A prime example is PlayerUnknown’s Battlegrounds (PUBG), which enjoyed significant popularity in India, reflecting the dominance of international entities in the market,” he says.

The inclusion of missions within this open-world setting gives players a sense of purpose, resulting in a comprehensive and engaging gaming experience. Project Madras also stands out as a noteworthy addition to the indie video game landscape. Developed by Royston Cinemo and a small team in India, this semi-linear, open-world game immerses players in the vibrant and culturally rich city of Chennai. The industry has immense potential for growth in India considering the demographics, high-speed internet, tech talent and digital fluency available.

The pandemic also saw a shift in media and entertainment consumption trends and saw a contraction in typical segments such as film, TV, and print. People across demographics took gaming in a major way as a form of escapism and entertainment. It satisfied their demand for virtual entertainment with their family, friends, and peer groups. Influencers encouraged these games through online streaming thus providing another form of https://ipl-bet-online.com/ entertainment. The Indian gaming market evolved from coin-based arcade games such as ‘Tekken’ in gaming parlors, to handheld consoles such as Nintendo followed by PlayStation and Xbox’s of the world. Online gaming has become a mainstream source of entertainment and has gained increasing acceptance in India with a massive growth in number of online gamers.

Even though the Indian gaming industry is primarily made of mobile gamers, Imran doesn’t feel the need to shift to another medium. In fact, he states that mobile gaming has changed the way that Indian society looks at games, despite a few hiccups in the recent past. Imran has been uploading videos on YouTube since 2019, with thought-provoking video essays on gaming tropes and in-depth reviews of the latest games. Recently, the content creator received recognition from the likes of Ubisoft for reviewing their games. Considering how difficult it can be to partner with such big brands in the industry, Imran gave us more insight into how the Indian gaming industry works and where it may go in the future. With import taxes and duties, components such as graphic cards can cost almost double the price in India than what they do in countries such as US and UK.