In 2023, the global gaming industry generated an estimated $188 billion in revenue.
Tag: gaming
GDAI signs MoU with FICCI to streamline gaming policies, sector growth
GDAI has also signed MoUs with the states of Rajasthan and Sikkim to enhance game development, align policy initiatives, and drive innovation.
India’s sports ecosystem to grow double its GDP at 14% CAGR, reveals Google-Deloitte report
The sports goods and apparel market is expected to double in value to $58 billion by 2030.
EXCLUSIVE: India’s gaming industry gets clarity, RMG sector to be regulated by MeitY
The longstanding demand to differentiate between entertainment-focused gaming and pay-to-play gaming has finally been addressed by the government of India.
Nazara and ONDC launch “gCommerce” to revolutionize in-game monetization
Presently in its soft-launch phase, gCommerce is slated for a broader rollout to game developers beginning in the first quarter of FY26.
Casual and hypercasual games: IAP up 10%, ads steady
47% of users are ad-tolerant to avoid paying for subscriptions with preference for micro-transaction based in-app purchases.
Global Esports defies odds to become India’s first profitable esports organization
Despite decline in brand sponsorships and game publisher interests, GE’s profitability shows green shoots and the revival of esports industry in the country.
Gladiator Esports acquires Bengaluru based Gods Reign
This consolidation aims to streamline operations, strengthen brand identity, and leverage the combined resources of both entities.
High taxes and policy uncertainty drive Real Money Gaming operators offshore
Real Money Gaming (RMG) was the largest contributor to the gaming sector in India, comprising 83-84% of overall revenue in FY22, according to a report by Grant Thornton Bharat titled Guardians of Safe Play: Ethical Gaming for Vibrant Bharat.
EGF collabs with MIB to launch City Quest
The game is aligned with Prime Minister Narendra Modi’s vision around urban planning determining the fate of our cities in Amrit Kaal.