The Indian gaming market is projected to grow from $2.6 billion in 2022 to $8.6 billion by 2027, representing a compound annual growth rate of 27%.
Mobile gaming dominates the sector, accounting for nearly 90% of the total market share.
The user base has reached 500 million gamers, with approximately 120 million identified as paying users.
The domestic development ecosystem has expanded significantly, growing from 25 studios in 2010 to over 900 today.
While real-money gaming and fantasy sports currently lead revenue, the market is shifting toward in-app purchases and ad-based monetization for casual and mid-core titles.
Digital payment infrastructure, specifically the Unified Payments Interface, is driving higher average revenue per paying user by simplifying microtransactions.
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