Tag: indian gaming market

08

May2023
Reportedly, AI-powered vocal intelligence is revolutionizing gameplay Artificial Intelligence is a new-age technology that has not only revamped the country’s major industry but also aided the sectors, which were in their infancy, to become prevalent, and gaming is no exception. With the development of technology, India’s emerging gaming sector has seen ... Read More
May 8, 2023Roland Landers

04

Apr2023
Pay-to-play gaming and esports have become well-known in recent years because of the accessibility of modest mobile internet and the penetration of smartphones. With the ascent of fantasy sports and other pay-to-play gaming products, the industry has turned into a major contributor to the Indian economy, generating employment and getting billions ... Read More
April 4, 2023Roland Landers

24

Feb2023
The Indian gaming market, the quickest developing globally, will cross $10 billion by 2030, as per a report by Kalaari. The report says that Indians spend more time on mobile gaming than on different types of entertainment, including OTT and music streaming. Gaming, according to the report, is no longer exclusive to ... Read More
February 24, 2023Roland Landers

24

Feb2023
VCs have been playing big in the gaming business for quite a while, worldwide. A few examples incorporate Andreessen Horowitz, which invested in Roblox, an online gaming platform that went public in March 2021 and, as of now, has a market valuation of more than $45 billion. Likewise, Sequoia Capital ... Read More
February 24, 2023Roland Landers

15

Dec2022
India now has around 350 million online payment users across e-commerce, shopping, travel, hospitality, and OTT, and the number is set to double by 2030, as per the latest report. There are around 40–45 million mature users (over half) who spend a significant portion of their wallets online. "We expect online transactions ... Read More
December 15, 2022Roland Landers

01

Sep2022
With around 420 million dynamic online gamers and a 500-million-strong digitally native populace aged 15–35, India is set to universally become quite possibly the fastest developing business sector. At the new India Gaming Conclave (IGO 2022), eminent industry leaders and stakeholders got together to discuss the future roadmap of the ... Read More
September 1, 2022Roland Landers

01

Sep2022
The online gaming industry has been promoted as the dawn sector in India and has likewise been recognized by the public authorities as one of the possible sectors for job creation. Pay-to-play gaming contributes 80% of all e-gaming revenues, and recent up-sides coming from different court decisions have given the ... Read More
September 1, 2022Roland Landers

01

Sep2022
When Sanjiv Mehta, 57, a government employee, reached the pinnacle of boredom during the principal period of the lockdown in 2020, he unconsciously got into a habit-forming diversion activity — playing Ludo Star on his mobile. The online version of his favorite childhood game was an incredible stress buster as ... Read More
September 1, 2022Roland Landers

11

May2022
The Fitment Committee, which involves officials from different states, is going to meet this week to talk about the hike in GST on online gaming, race courses, and casinos. "There was clear agreement in a meeting held by a group of ministers last week." "We are trusting that the board will ... Read More
May 11, 2022Roland Landers

10

May2022
As per reports, the Goods and Service Tax (GST) Council is probably going to consider imposing a 28% GST on cryptocurrencies and bitcoins at par with the lottery, casinos, race courses, and wagering. CNBC-TV18 detailed that the GST Council has named a board to consider the proposition of imposing a 28% ... Read More
May 10, 2022Roland Landers