The Indian online gaming industry is growing fast. A lot of it is due to the increasing rates of internet penetration, and the fact that data is cheaper is than ever. India has one of the world’s fastest-growing gaming markets. The market is worth about $1.8 billion and it continues to grow. As an Indian gamer, you can enjoy more than 15,000 games from over 275 companies.
Reasons to Invest in Indian Online Gaming
If you are looking for ways to make some money from the gaming industry in India, this is the right time to invest. Here are a few reasons to consider starting now.
- The Growth of Mobile Gaming
The Indian gambling industry relies heavily on the mobile sector. Most people play casino games through their iPhones and android devices. That’s alright. Some of the best online casino bonus sites are mobile responsive.
As such, you can claim plenty of bonuses to play slots and poker on your smartphones. Besides, mobile devices are convenient, and the variety is constantly growing. Mobile gaming companies have reported an increase in user base over the past few years. It is no surprise that investors are pumping millions of dollars into the sector. There is a lot of potential for long-term growth.
- The Pandemic and India’s Demographics
In 2021, Deloitte India reported that the country is one of the world’s top mobile gaming sectors. The Indian demographic is mostly young, and a big part of it is interested in online gaming. This, in addition to the pandemic, has catapulted the growth of the industry.
As more people stayed home, they had no choice but to explore online entertainment options. Online gaming turned into a popular pass time. As many companies adopt hybrid work models, it is safe to assume that online gaming platforms will become even more popular.
- Market Growth
The demand for online games keeps increasing. Gamers around the globe had an expected expenditure of $140 billion in 2018. The numbers are much higher now. Investors are likely to experience a growth in profits for the next few years. With so much wealth in the industry, you should consider investing right away.
- Internet Penetration
There are over 560 million internet users in India. Therefore, it is the second- internet consumer in the world. It only makes sense that online gaming would be one of the leading entertainment options.
Mobile phone users make up 85 percent of the industry, and tablets make up four percent. Many Indian gamers can access internet connections wherever they go. The data tariffs are low than ever.
- Technology Improvements
The gaming industry relies heavily on technology. Therefore, technological improvements help the growth of the Indian industry. Gaming on demand is one of the fastest-growing technologies in India. With the proper infrastructure and software, it can be the future.
- Market Awareness
More Indian gamers now understand the industry and what it entails. The stigma around gamers has dropped, and many people are willing to invest in the industry. The Indian gaming industry is no longer just dominated with the big names. There are lots of small players as well. You can thrive even without a lot of industry experience.
Investing In the Indian Gaming Industry
Unlike in the past, game development companies are starting to embrace the idea of letting external shareholders invest in the business and make money from it. The change in attitude has opened up endless doors for various investors. There are options for everyone, including fresh entrants and tech giants. Here are a few ways to invest in the industry.
- Invest In New Game Ideas
If you are thrilled with the idea of new games, consider investing in them. With sufficient funding, you can push new games to attain commercial success. You are likely to have a great ROI.
Even if a new game appears to be basic, proper investment can take it to the next level. Putting your money on new game ideas pays off most of the time.
- Invest In Game Development Companies
Take this route if you have a basic understanding of the industry. Many companies invest their resources into developing their own IPs. You would be wise to invest in such companies since they already have solid foundations. They have experience in creating games for different platforms and genres. Investing in game development companies is one of the safest bets.
- Pick Well-Known Games
If you are a novice investor, this is an option to keep in mind. You don’t need much knowledge of the industry to excel. Go with already popular games, and you will enjoy high returns consistently. The risk factor is pretty low as it is one of the safest investments in the industry.
The Indian gaming industry has lots of investing opportunities. You would be wise to strike while the iron is still hot. Even though the industry is flourishing, it hasn’t hit its peak yet. There is a lot of potential for growth and a lot of money to be made.
- Invest In Gaming Startups
Gaming startups in India have attracted billions of dollars in profits over the past few years. The surge in online gaming, especially after the pandemic, has opened up opportunities for startups to thrive.
Even newer businesses now have opportunities to compete against older ones effectively. Work with a startup to attract new customers, retain top talent, and advertise their gaming services. You will start reaping the benefits in no time.
- Start a Gaming Parlor
This is a simple and direct way to get in the industry. Indian gaming parlors are very profitable. They are a low-investment, high-profit venture even for fresh investors.
Note that it may take some work to take care of the registration process, marketing, and operation process. With some market research and dedication, you can make huge profits in the field.
Game parlors are some of the most profitable small businesses in India. They attract people of all ages, including kids and older adults. Gamers want to enjoy their favorite HD games on massive screens. Gaming parlors also present opportunities for socialization. They are famous for the thrill and excitement that they bring.