According to Statista, the online gaming business in India is predicted to reach a value of Rs 150 billion in CY2024, up from Rs 120 billion in 2022. The Indian online gaming market has expanded dramatically over the past 2.5 years, and is now viewed as a legitimate career.
In the past few years, the gaming business has expanded in ways that were unimaginable. In fact, the unrivalled potential of this field is currently being marvelled at by the entire world.
Esports are now more popular than any social media platform, with people interacting for 51 minutes each day. It is a leading digital engagement platform worldwide.
By 2025, it is anticipated that the global gaming market would be worth $257 billion, with 90% of users being members of the Gen-Z generation. The gaming market in the GCC has kept pace with this rapid growth and is anticipated to increase from US$ 693 million in 2017 to US$ 821 million by 2021.
The first summit of its kind in the region, the Global E-Sports & Gaming Summit brings together the entire gaming ecosystem, including heads of top brands, developers, publishers, distributors, leagues and competitions, storytellers, sports organisations, influencers, broadcast and live stream media, among others.