Niko Partners Report India as Asia’s Fastest Growing Games Market
According to market analyst Niko Partners, India is experiencing rapid growth in terms of PC and mobile game revenue in its Asia Game Market Report 2021. The market research firm revealed that the market Asia-10 gaming market will grow strongly in the next 5 years with the potential number of mobile and PC game players expected to reach more than 940 million by 2025. In which audience play Indian games will include more than 330 million players by 2025 according to the report.
The Asian market will see some form of growth over the next few years
The ‘Asian Games Market Report‘shows data for the Asia-10 region containing Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Chinese Taipei, Japan, Korea and India. These 10 countries are expected to reach over 940 million gamers by 2025. Nearly a billion gamers are expected to spend around $41.8 billion on speed-based PC and mobile games. the region’s compound annual growth rate (CAGR).
According to a report by Niko Partners, the cloud gaming market is expected to triple to around 500 million users in the next 5 years. With the advent of services like Microsoft Game Pass, it’s not necessary to own high-end hardware to enjoy high-quality games.
However, network connectivity continues to be an issue for cloud gaming services in regions with sub-internet connectivity and it remains to be seen whether significantly better network infrastructure can be found. introduced in the near future or not.
India’s PC and mobile game revenue is expected to reach $534.1 million in 2021 and $1.49 billion in 2025. India’s PC and mobile gamers will grow with 5-year CAGR of 13.7%, reaching 529.1 million by 2025, and the country is expected to account for 56% of all mobile and PC gamers in the Asia-10 region. It is already the second largest game market in the world, after China.
India is currently more involved than any other market and is the 10 fastest growing region in Asia due to low 4G data costs, affordable smartphones and availability of titles. quality and free e-sports.
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https://afkgaming.com/esports/news/niko-partners-reports-india-as-the-fastest-growing-games-market-in-asia Niko Partners Report India as Asia’s Fastest Growing Games Market