India Esports Market 2023: Size, Industry Overview, Analysis, Latest Insights and Forecast to 2028

According to IMARC Group's latest report, titled "𝗜𝗻𝗱𝗶𝗮 𝗘𝘀𝗽𝗼𝗿𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗦𝗵𝗮𝗿𝗲, 𝗦𝗶𝘇𝗲, 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝟮𝟬𝟮𝟯-𝟮𝟬𝟮𝟴″, the India esports market is expected to exhibit a CAGR of 21.1% during 2023-2028.

𝗬𝗲𝗮𝗿 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗲𝗱 𝘁𝗼 𝗘𝘀𝘁𝗶𝗺𝗮𝘁𝗲 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗶𝘇𝗲:

Base Year of the Analysis: 2022

Historical Period: 2017-2022

Forecast Period: 2023-2028

𝗜𝗻𝗱𝗶𝗮 𝗘𝘀𝗽𝗼𝗿𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄:

Esports, or electronic sports, are competitive online gaming tournaments that enable an individual or more than one professional player to compete in a multiplayer environment. They can be participated by amateurs and skilled gamers for leisure or to receive professional championships. Esports are currently available in various modes, including first-person shooter (FPS), player-against-player (PvP), multiplayer online battle arena (MOBA), and real-time strategy (RTS). These games are operated on diverse platforms, including tablets, mobiles, and gaming consoles. Apart from this, esports includes the usage of several software to plan and advertise events, handle user registration, carry out branding efforts, and arrange prize pools.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗳𝗿𝗲𝗲 𝘀𝗮𝗺𝗽𝗹𝗲 𝗯𝗿𝗼𝗰𝗵𝘂𝗿𝗲: https://www.imarcgroup.com/india-esports-market/requestsample

𝗜𝗻𝗱𝗶𝗮 𝗘𝘀𝗽𝗼𝗿𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗧𝗿𝗲𝗻𝗱𝘀:

The increasing popularity of video games amongst younger demographics, especially during the COVID-19 pandemic, and the emerging trend of esports tournaments for gamers and spectators are majorly driving the market growth. Moreover, the introduction of a more franchise-style league and monetization of the games through one-to-one sponsorship, streaming revenues, and impressive international prizes are favoring the market growth. Additionally, technological advancements in specialized live streaming platforms, virtual reality (VR) products, and consumer spending on advanced gaming consoles to have immersive experiences are propelling the market growth. Furthermore, the widespread adoption of the free-to-play (F2P) gaming model to allow players to pay for extra or supplementary content with no introductory fees is impelling the market growth. Besides this, the proliferation of smartphones and electric device users and the ongoing investments being made by prominent brands to organize esports events are supporting the market growth in India.

𝗖𝗵𝗲𝗰𝗸𝗼𝘂𝘁 𝗡𝗼𝘄: https://www.imarcgroup.com/checkout?id=4457&method=1

𝗜𝗻𝗱𝗶𝗮 𝗘𝘀𝗽𝗼𝗿𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟯-𝟮𝟬𝟮𝟴 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 𝗪𝗶𝘁𝗵 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀:

The competitive landscape of the India e-sports market has also been examined along with the profiles of the key players.

𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:

The report has segmented the India e-sports 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

𝗔𝘀𝗸 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝟭𝟬% 𝗳𝗿𝗲𝗲 𝗰𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝗿𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/india-esports-market

𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• 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.

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

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.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝗦:

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This release was published on openPR.