According to industry representatives, online gaming has become popular after the COVID-19 outbreak. Quarantine measures that keep people in their homes have led people to rely on online entertainment, especially via online pc/mobile games. They added that during the lockdown, the industry grew by an average of 21%.
Online Gaming Picking Up Pace In This Covid-19 Outbreak
According to industry representatives, online gaming has become popular after the COVID-19 outbreak. Quarantine measures that keep people in their homes have led people to rely on online entertainment, especially via online pc/mobile games. They added that during the lockdown, the industry grew by an average of 21%.
In particular, mobile games in India have grown significantly, with 7.3 billion games installed in the first three quarters of 2020, accounting for 17% of the global number. In terms of growth, the industry’s revenue, user base, and usage are all growing. According to a report by BARC & Nielsen, the average mobile phone usage time has increased from 151 minutes before lockdown to 218 minutes after lockdown.
The average annual growth rate (CAGR) is 40% and is expected to reach US$2. Today, there are more than 300 million online game users in India, and they continue to grow. The industry added that skill competitions especially bring competition and excitement to real-world sports events.
According to industry representatives, especially in the past few years, they have become more and more popular. Online skill games are usually played on mobile devices, and India accounts for 13% of the global market. Some of the popular online skill games which are rooted in traditional Indian games are been shifted to digital platforms and now they are engaging a good amount of audience. They added that such games require a certain level of skills, knowledge, and skills to win the game.
If we talk about the great history in India of online games, there is some sort of games which have a long history of entertainment and social entertainment and social games, such historic games like Ludo, Carrom, Snakes, Mario and Ladders, and even chess. Modern technology brings these games to life in this digital world as with time online gaming picking up pace in this covid-19 outbreak. Online games bring the skills which you can use in your daily life and it helps you in increasing your eye coordination.
Mobile games are much in trend. If we compare it with any other platforms like pc or console they have more engagement rate of audiences than the pc and console. In the coming years, it will grow at a very large scale in India.
“The gaming industry is growing at large scale and gaining more users which are far ahead of the box office and music industries. The industry is currently particularly attractive to investors and raised US$131 million for Indian online gaming platforms in 2020,” said Roland Landers, CEO of the All India Gaming Federation. Obviously, a lightweight regulatory framework and a balanced political ecosystem are needed to promote innovation and attract more investment.
Now is the time for the government to cooperate with the industry to achieve overall growth,” he said. According to Ernst & Young, according to a report by BIS Research, the skill game market in India will grow by more than US$3.6 billion by 2022. March 2020 an EY-FICCI report predicts that the number of online gamers will increase from 365 million in 2019 to 440 million in 2022.
Credits: The Hindu
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