Reasons why online gaming is serious business
Gamers today span all income levels and demographics. Female gamers are making their mark and enthusiasts are no longer limited to tier I cities
The global online gaming and e-sports industry has reached a tipping point in popularity. With more than one billion PC gamers worldwide, the industry has evolved from a niche community connecting and playing at local LAN parties, to filling out stadiums via competitive platforms such as Intel Extreme Masters and ESL One, which are viewed by millions. In India, the industry has come full circle with PC gaming taking centre stage yet again. With the world’s largest youth population, India is one of the fastest growing gaming markets globally. A recent KPMG report predicts online gaming revenue will touch ₹11,900 crore by 2023. It also states that the number of game developing firms in the country have increased ten-fold from 25 in 2010 to 250 in 2018.