India Games Market Reports Series

Niko’s 2024 India Games Market Reports are presented in an all-new way. We now offer one Market Model report (May), one Gamer Behavior & Market Insights Report (July-September), and one Market Model Update Report (November). Each report includes sections on PC, mobile and console segments.

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NIKO_240528_Infographic for Market Model_India

Key takeaways from the India Market Model Report

The India video games market generated revenue of $830 million in 2023, up 15.9% YoY, a slight decline from the 19% growth in 2022.
3% of gamers spend money on video games, with monthly ARRPU standing at $0.29.
The India video games market is set to grow 13.6% in 2024, with revenue of $943 million, surpassing $1 billion in 2025, and is forecasted to reach $1.4 billion in 2028, growing at a 5-year CAGR of 11.1%.
India is the fastest growing market tracked by Niko Partners and is a market that games companies need to pay attention to now.
Mobile will continue to be a disproportionate part of India’s gaming pie by spending, accounting for 77.9% of total revenue, followed by PC (14.5%) and console (7.7%).

Report contents (17 slides):

About the Report
Executive Summary
Market Model Infographic
2024 Market Model
- Market Model – All Platforms
- Market Model – Mobile
- Market Model – PC
- Market Model – Console
- Market Model – Export
Analysis & Demographics
Forward Looking Analysis
Gamer Demographics
Appendix
Methodology
About Niko