Trends of the Real Money Gaming Industry in India 2022
by Tonya Callison AuthorThe gaming industry has more than a million players, and the participation and engagement of people from all over the world are to a great extent. The gaming industry is now the strongest empire built on the base of technology. The real money gaming industry feeds many players across India. It includes games like Ludo king, Rummy, poker, fantasy league, etc.
Trends and growth rate: Pandemic has contributed a
great deal in making the gaming industry stronger than before. The total number
of gamers has increased 8% from 360 million in 2020 to 390 million in 2021. The
major reason because of why the gaming industry is reaching heights is because
of six video game trends i.e. cloud gaming and streaming, digital distribution,
business models like free-to-play, increased diversity and audience, mobile
gaming and next-generation consoles. There are more than 50 companies providing
services of real money gaming experience to all the players out there.
All India Gaming Federation (AIGF) has stated that India’s
gaming industry is worth more than 200 billion rupees. Mobile gaming has
contributed the most to the online real money gaming industry. It is expected
that by 2030, industry gross gaming revenue is about to reach 2 billion
dollars. Although, 12% of it consists of actively and investing players. All
India Gaming Federation (AIGF) require to regulate the establish uniform rules
and recommendations for all players and operators to avoid any conflicts or
cybercrime.
Covid-19 and real money gaming: Real money ludo game has almost diminished the traditional way of gambling which happened because of the pandemic that occurred in 2020. Most the gambling players to meet the need for their pleasure shifted to online platforms. Everyone was forced to stay home during the pandemic due to which boredom also took place and there’s no better pastime than gaming. Around 8% increase was seen in players when the pandemic hit India.
Eye at the future: Various strategies and expansion techniques are being applied to expand the gaming industry to the next level and generate more employment in that sector. It focuses on marketing costs and focuses on making players feel comfortable in the gaming ecosystem.
All these trends are making a great impact on the gaming
industry resulting in the blooming of the industry fruitfully. Makers are
trying to develop the gaming industry at every step and create a base for
players to promote them and provide them with immense exposure.
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Created on Jul 4th 2022 07:29. Viewed 202 times.