Gaming has evolved greatly over recent years. It’s unrecognisable from the early days of popular games like Space Invaders. Today’s games help to unlock the imagination of players and many of them also require a considerable amount of skill to play successfully. This evolution has played a major role in the growth of the gaming industry.
You only need to take a look at research from Betway, and the revenue that is secured by big gaming franchises, to see that gaming is now big business. This applies in India just as it does internationally. The question is, why has the popularity of gaming grown so much?
The growth of creativity and imagination in gaming
One of the main reasons why more people have embraced gaming as an activity is the increased levels of creativity and imagination that are now involved in game design. When you look at series like Resident Evil, Final Fantasy and Call of Duty, it’s clear that they involve more engaging characters and situations than ever before.
Many games are episodic in a similar way to TV series and film franchises. This encourages players to continue on the adventure with the characters.
Of course, games like Minecraft and The Sims also help to unleash the creativity of the people who play them. There are always new experiences and activities around the corner.
It’s easy to see how the creative side of gaming provides a great attraction to the millions of gamers in India. However, there is also a financial side to gaming that can be very attractive.
The financial side of the gaming industry
There are impressive profits to be made as a game developer or publisher. In India alone, the gaming industry was said to be worth around 62 billion rupees in 2019, with expected growth to 250 billion rupees by 2024. Given these figures, it’s hardly surprising that India is considered to be one of the top five gaming markets in the world.
The gamers themselves can also earn considerable amounts of money. They do this by winning e-sports tournaments and by live-streaming their game play on platforms such as Twitch and YouTube. Top Indian gamers like Karan “Excali” Mhawadkar, Mohir “DitterBitter” and Balaji “BlizzarD” Ramnarayan can earn thousands of rupees in prize money alone. This is an attractive way to earn money for the youth generation of India which is estimated to make up around half of the country’s population.
There is no doubt that there has been a significant amount of growth in the gaming industry in India in recent years and the trend is set to continue into the future
The creative improvements in the content of modern games have been responsible for a significant amount of this growth. The financial advantages of gaming have also been a factor in the increased appetite for games in the country. Developers, publishers and gamers have jumped at the opportunity to benefit financially from gaming which has, in turn, contributed to ongoing growth and vitality in the Indian gaming industry.