India E-sports Market Size, Industry Trends, Overview, Analysis and Forecast 2022-2027

According to IMARC Group's latest report, titled "India Esports Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, the India esports market is expected to exhibit a CAGR of 22.13% during 2022-2027. Esports, or electronic sports, refer to competitive video game tournaments organized via online platforms. Professional gamers and amateurs can play these games for leisure or professional championships on consoles, personal computers (PC), mobiles, and tablets. Esports is commonly available in player vs player (PvP), multiplayer online battle arena (MOBA), first-person shooters (FPS), and real-time strategy (RTS) formats. These games are majorly played by gamers sponsored by organizations for tickets, merchandise, advertisements, and media rights. The tournaments are managed through various software used for promoting and scheduling events, handling user registration, running branding campaigns, and facilitating prize pools.

Note: 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:

The growing popularity of mobile and PC-based video games among the millennials is primarily driving the India esports market. Besides this, the shifting consumer preference for participation in online and mobile gaming tournaments as a recreational activity is further augmenting the market growth. Moreover, esports organizers offer lucrative opportunities, such as streaming revenues, international prize pools, and one-to-one sponsorships, to developers, gamers, and influencers, which is also catalyzing the market across India. Apart from this, the elevating utilization of the free-to-play (F2P) gaming model, which enables the players to participate in games free of charge, is acting as another significant growth-inducing factor. Furthermore, the rising penetration of high-speed internet, especially in rural areas, and the increasing need for gaming platforms in the education industry to enhance the cognitive abilities of the students, are expected to bolster the India esports market in the coming years.

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India Esports Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Market Segmentation:

The report has segmented the india esports market on the basis of algorithm and standard, architecture, product, application 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

Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
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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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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This release was published on openPR.