Lumikai has studied the situation in the Indian gaming market. According to the research, in the next four years, the market’s revenue will grow by an average of 27%.
▪️Now 57% of revenue comes from real money games.
As of the end of 2022, there are 507 million gamers in India, of which 120 million spend money in games. The average ARPPU of mobile games is $20 per year.
Over the past five years, Indian gaming companies have attracted $2.8 billion from investors. Since 2021, three gaming unicorns have appeared in the country. In total, there are over 900 gaming companies operating in India.