It is presumed that India’s overall eSports market size would significantly surpass Rs. 1100 crores. We believed this, mainly because a more significant number of organizations were working towards developing the Indian eSports ecosystem.
Very soon, FEAI will release the growth plans for eSports in India. JetSynthesys and the FEAI are efficiently organizing a cricket video game championship. Today, this article will give you valuable insights regarding the future of eSports in India. Stay tuned till the end to learn about the future opportunities to.
Let’s get started.
Quick Overview of the Indian eSports
Last year, very few sectors witnessed their finances improve without any significant effort from their end. This is specifically for the sports business, where the losses have been staggering considerably. Nevertheless, there is still a hidden portion that has recently come to light.
No wonder the business of eSports has fared pretty well, despite the deadly epidemic engrossing us. Let us now quickly take a look at the performance of India and worldwide over the last few years.
How eSports Look in India in 2022?
India has always remained a promising industry for a wide variety of products and services. Despite the economic statistics, the number of consumers keeps on increasing. No wonder GenZ is regarded as the sweet spot for eSports in India.
Most importantly, GenZ is younger than any other generation and is also digitally savvy. Surprisingly, they are the ones who are capable of making eSports a culture, thereby advancing it. So there are greater opportunities where you can play Indian rummy and win some fascinating rewards.
More consumers are now interested in video games that come with multiplayer experiences than conventional relaxing games. And in context to that, a plethora of multiplayer games exploded in popularity over the last few years. In fact, most gamers have at least one game installed on their smartphones.
What Does the Future of India’s eSports Hold?
As the gaming industry suggests, around 300+ million of the Indian population are extensive gamers. And the gaming industry is ever growing, expanding, and even adapting. There are some very crucial variables that will make massive contributions to the expansion of the industry in the coming years.
Real-Time Game Streaming Will Lead to Increased Audience Size
In the upcoming years, the eSports industry of India will thoroughly embrace live content streaming. This will essentially lead to a more significant number of viewers, thereby generating more money. And real-time video game streaming from various regions will undoubtedly attract new potential viewers.
While the Indian gaming industry is driven mainly by Millennials, which allows customers to find more significant ways of having fun in their leisure time, eventually, their attention and adoration will considerably grow.
Since India hosts the world’s most dynamic youth and associated subcultures, eSports is probably the fastest-growing marketplace. And video games will always rise in popularity because of their technologically advanced population and content.
The eSport industry stakeholders cannot sit on their hands any longer and should demand more from this industry. While we move into a better technologically run world, technology adds more excellent value to multiple organizations. Thus, we can rightfully say that the eSport gaming standards will rise over time.