The Indian gaming market is projected to reach ₹8.6 billion by 2027, growing at a 28% CAGR, while the global market is expected to hit $340 billion.
02
A shift to a 28% GST on total deposits has pressured real-money gaming (RMG) firms, leading to layoffs, revenue slowdowns, and a strategic push toward geographic and genre diversification.
03
RMG currently dominates the Indian market, accounting for approximately 82% of total gaming revenue, though monetization remains low relative to total download volumes.
04
Blockchain-based mobile titles have secured $396 million in funding, while casual mobile games continue to attract seed to Series A rounds between $1 million and $8.5 million.
05
Institutional confidence remains high, with major venture funds including Accel, Sequoia, and Lightspeed actively investing across the gaming value chain.
06
Future industry growth over the next three to four years is expected to be driven by generative AI, AR/VR integration, competitive multiplayer mobile titles, and blockchain-enabled gameplay.
Insights
01
The Indian gaming market is projected to reach ₹8.6 billion by 2027, growing at a 28% CAGR, while the global market is expected to hit $340 billion.
02
A shift to a 28% GST on total deposits has pressured real-money gaming (RMG) firms, leading to layoffs, revenue slowdowns, and a strategic push toward geographic and genre diversification.
03
RMG currently dominates the Indian market, accounting for approximately 82% of total gaming revenue, though monetization remains low relative to total download volumes.
04
Blockchain-based mobile titles have secured $396 million in funding, while casual mobile games continue to attract seed to Series A rounds between $1 million and $8.5 million.
05
Institutional confidence remains high, with major venture funds including Accel, Sequoia, and Lightspeed actively investing across the gaming value chain.
06
Future industry growth over the next three to four years is expected to be driven by generative AI, AR/VR integration, competitive multiplayer mobile titles, and blockchain-enabled gameplay.