Indian gaming revenue set to hit Rs 250 billion by 2019




MUMBAI: With the growing technology, not only the number of users in India is growing steadily but the mobile gaming users increased too.

The latest report by mobile gaming trends and gaming habits the Seattle based enterprise SaaS for mobile marketing company has stated that Indian gaming revenue is set to double in the next three years and hit Rs 250 billion by 2019, owing its growth to the increase of smartphone penetration and higher in-app spending in the market. Combined with industry estimates this proves that mobile games in India are growing at an average rate of 56 per cent.

The report titled, ‘India & Mobile Gaming: Poised for Massive Growth’ comprises insights and data collected from over 3,500 Indian smartphone owners and over 220 million mobile app installs in India mapped from January-September 2016.

As per the Tune report, Indian mobile gamers are more likely to buy virtual goods. In fact, 34 per cent of Indians respondents admitted to spending money in mobile games every month. Interestingly, a tiny fraction of players are the highest contributors to game revenue, just as it is seen in other markets globally. Specific to India, 2.5 per cent of Indian gamers provide over half of game revenue, and 5 per cent account for almost 80 per cent of all game monetisation in the country.

Regional Head of Sales India Ashwiny Thapliyal said, “India is already the world’s second-biggest market for smartphones. With 221 million smartphone owners and as many as 800 million Indian citizens joining the smartphone revolution over the next decade, India will emerge as the country with biggest global opportunity for growth. India is a mobile-first country and its people are mobile-centric buyers. This is one of the many reasons why we furthered our existing commitment towards the Indian market by opening TUNE’s first corporate office in India located at Delhi/NCR in November 2016. Our India office will also serve as our strategic hub for business in Southeast Asia.”

Another key finding revealed that women are serious mobile gamers in India, with 87 per cent playing a game at least one hour per week. This number matches the North American data, where women make up 55 per cent of all mobile gamers. Of the women surveyed, 63% said that they prefer playing single player games and 18 per cent prefer playing against another player.

Interestingly, women prefer single-player games to an even greater extent than men.

Tune’s mobile economist John Koetsier added, “As per our research, the number of app installs in India doubled last year and in fact, Indians downloaded more than 3X as many commerce-oriented apps per capita as the next highest country, Brazil. Although relatively nascent, Indian mobile gaming industry is catching-up fast and our research highlights the immense potential it holds for gamers, game developers, mobile publishers and advertisers.”

Indian Gamers and their Gaming Habits:

84% of Indian smartphone owners have games on their phones.

37% of gamers have three or more games on their phones.

47% of Indians in top urban cities like Delhi and Mumbai tend to install one to two games on their phone.

Indians are very eager to try new apps: a majority install new apps every week. 90% of Indian smartphone owners download games regularly and are very willing to try new apps, especially new games.

Those with cheaper smartphones change to new games more frequently possibly due to low storage/device memory.

Google Play is the undisputed leader in India, taking 94% share of all game installs.

The cheaper the phone one possesses, the more likely is an Indian consumer to get new apps straight from a friend or from the web.

Almost 7% of people get new apps from their friends.

Gaming Behaviour Trends: Almost 9 in 10 Indian smartphone owners play games weekly.

86% of people play at least one game regularly and almost a third play more than three games regularly.

http://www.indiantelevision.com/iworld/enews/indian-gaming-revenue-set-to-hit-rs-250-billion-by-2019-161205




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Updated: December 30, 2017 — 1:33 pm

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