![]() ![]() The market for online gaming increased by 28% in 2021, reaching US$ 1.2 billion. By 2025, India is anticipated to create more than 250 thousand employment opportunities and 2,000+ gaming enterprises. With Gen Z being heavily influenced by e-sports, it is yet another gaming space that is rapidly growing. The gaming sector is anticipated to grow by 30% annually, as one of the fastest-growing segments in media and entertainment by 2025 and the number of game users is anticipated to rise by 50% over the last year. ![]() The Animation, Visual Effects, Gaming, and Comic (AVGC) sector in India has the potential to become the torch bearer for "Create in India" and "Brand India".īy 2025, India might hold 5% (US$ 40 billion) of the global market with a yearly growth rate of between 25 to 30% and the creation of more than 1,60,000 new jobs. Gaming has grown more immersive, realistic, and entertaining because of cloud-based technologies, Artificial Intelligence-Machine Learning, Virtual Reality, Web3, and Blockchain technology. It continues to boom, both in terms of scope and revenue, as a result of factors including a progressively younger population, the widespread use of smartphones, reasonably priced internet, higher salaries, and social media. The rise of the internet and mobile devices had a significant influence in transforming gaming into this intriguing monster of an industry. As games became more complicated and realistic, they moved from arcades to homes, computers, and mobile devices. The gaming industry has evolved both culturally and technologically throughout the years, and this rate of development continues to accelerate even today. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |