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Market research firm Niko Partners released its 2023 India Games Market Report and says the country’s game revenue is poised to reach $868 million this year.
This year’s projection represents a growth of 21% year-over-year compared to 2022.
India’s games market revenue is projected to reach $1.6 billion by 2027.
The report also estimates that game players will increase by 12% year-over-year to 444 million in 2023.
Niko Partners also says that 31% of the population will spend revenue on titles.
As a mobile-first market, 97% of India’s gamers play titles on smartphones or tablet devices.
