According to the latest report by IMARC Group, titled “India Esports Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the India esports market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 40% during 2021-2026.
Esports, or electronic sports, refer to the competitive video game tournaments that are organized through online gaming platforms. These games can be played by professional gamers as well as amateurs for leisure or professional championships on consoles, personal computers (PC), mobiles, tablets, etc. Esports are commonly available in various formats, such as player vs. player (PvP), real-time strategy (RTS), multiplayer online battle arena (MOBA), first-person shooters (FPS), etc. These games are primarily played by gamers who are sponsored by different organizations for advertisements, merchandise, tickets, media rights, etc. The audiences can watch the players compete and interact through a human-computer interface.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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India Esports Market Trends and Drivers:
The rising popularity of PC and mobile-based video games is one of the key factors driving the India esports market. Moreover, the shifting consumer preferences towards participation in mobile gaming tournaments as a recreational activity are further catalyzing the market growth. Besides this, several esports organizers are offering lucrative opportunities, such as one-to-one sponsorship and streaming revenues, to gamers and influencers, which is fueling the product demand. Additionally, the extensive adoption of the free-to-play (F2P) gaming model that enables players to participate in games free of charge is also augmenting the regional market. In the coming years, numerous other factors, including the growing penetration of high-speed internet and the increasing utilization of esports in the education industry to enhance the cognitive abilities of students, are expected to fuel the India esports market.
Key Market Segmentation:
The report has segmented the India esports market on the basis of revenue source, games, platform and region.
Breakup by Revenue Source:
- Advertising
- Media Rights
- Merchandise and Tickets
- Publisher Fees
- Sponsorship
Breakup by Games:
- Multiplayer Online Battle Arena (MOBA)
- Player Vs. Player (PvP)
- First Person Shooters (FPS)
- Real Time Strategy (RTS)
Breakup by Platform:
- PC-Based Esports
- Consoles-Based Esports
- Mobile and Tablets
Breakup by Region:
- North India
- West and Central India
- South India
- East India
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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