India’s esports to see remarkable growth: become an industry of Rs 11 billion by 2025

Esports is gaining in popularity in India, as seen in the various prize competitions and leagues that are being held. Many people tend to confuse it with online games. However, esports requires the use of competitive gameplay, tournament or league formats, praise skills, and most often physical skills.

Although in the early stages, India’s esports market will be fixed at Rs 3 billion in 2021. It is also expected to reach Rs 11 billion by 2025, according to a new report from EY.

The esports industry is expected to grow at a CAGR of 46% over the next four years, and streaming platforms will generate the largest chunks of esports revenue.

‘A report titled Ready. set. Game ON! ‘Assuming that esports will have a much greater economic impact. “We expect to generate about 100 billion rupees of economic value between now and 2025,” the report said.

The report processed even more, with 1.5 million players, 85 million viewers, more than 20 broadcasters, and several brands, organizers and publishers in the Indian esports market by 2025. I added that I would define them all together.

Regulatory challenges continue

Currently, about 4% of mobile games on the Play Store come from Indian publishers. According to the report, Indian developers are expected to create better games for esports tournaments.

“The number of game studios in India has increased five-fold since 2015. There will be more than 14 esports broadcasting platforms in 2021 and it is expected to exceed 20 by 2025. Current viewing With 17 million people, more than 85 million unique viewers will watch esports tournaments. By 2025, the country. “

Esports tournament viewership is also expected to more than quadruple to Rs 6.5 billion by 2025, allowing the industry to explore a subscription revenue model.

The prize or prize pool contributes about 10% to the esports economy and can reach an estimated Rs 1 billion.

However, the report warns that the industry faces regulatory challenges and uncertainties such as the misconception that esports is gambling, luck-dependent games and the consequent bans by certain countries. Did.

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