Esport Market- India
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Growth Rate: 18.42% (2024-2032)
Market Size in 2024: USD 200.7 Million
Market Size in 2033: USD 919.0 Million
The India esports market is expanding quickly due to a young, tech-savvy audience, tournaments, funding, and an increase in mobile gaming. According to the latest report by IMARC Group, the market size reached USD 200.7 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 919.0 Million by 2033, exhibiting a growth rate (CAGR) of 18.42% during 2025-2033.
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India Esport Market Trends and Drivers:
- Booming Popularity Among Youth
- India’s esports market is rapidly growing, especially among millennials and Gen Z, with over 600 million gamers actively involved in gaming.
- Affordable smartphones and fast internet have made gaming accessible to a larger population, driving this surge.
- Emerging Esports Communities
- Popular esports tournaments are fostering local communities, creating healthy competition and a sense of belonging among gamers.
- Streaming platforms and social media have enabled gamers to showcase their skills and engage with fans, further boosting the community spirit.
- Esports as a Career Path
- Many young gamers are now viewing esports as a viable career option, leading to increased investment in training and skill development.
- With the growing recognition of esports as a profession, the industry is likely to expand and attract more participants.
- Significant Investment Growth
- Local and global companies are investing heavily in the Indian esports market, recognizing its potential.
- Major brands are sponsoring teams and tournaments, improving the quality of events and providing better resources and training for players.
- Traditional Sports Franchises Involvement
- Traditional sports franchises are entering the esports space, enhancing its legitimacy and drawing in more viewers and participants.
- This shift is making esports more professional, with structured leagues and competitions similar to traditional sports.
- Regulatory Challenges and Opportunities
- The esports market in India is facing regulatory issues, including unclear laws on taxes, licenses, and player rights.
- This presents an opportunity for stakeholders to work with the government to create supportive policies that will foster industry growth and protect players.
- Future Market Growth and Technological Advancements
- By 2024, India’s esports market is expected to grow even more due to advancements in technology and wider acceptance of esports.
- Mobile gaming, in particular, is driving this growth, with affordable devices and data plans making gaming more accessible to young people.
- Cultural Diversity and Local Tournaments
- Local games and tournaments are helping build a diverse esports community that reflects India’s various cultures.
- As the industry continues to grow, collaboration between developers, publishers, and esports organizations will enhance the quality of competitions and strengthen India’s position in the global esports arena.
- Collaboration for Growth
- Collaboration among developers, publishers, and esports groups will lead to better leagues, more engaging events, and a larger audience base.
- This teamwork will contribute to the sustainable growth of India’s esports market, making it a key player on the global stage.
India Esport Market Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India esport market growth. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Breakup by Revenue Source:
- Advertising
- Media Rights
- Merchandise and Tickets
- Publisher Fees
- Sponsorship
Breakup by Games:
- Multiplayer Online Battle Arena (MOBA)
- Player Vs. Player (PvP)
- First Person Shooters (FPS)
- Real Time Strategy (RTS)
Breakup by Platform:
- PC-Based Esports
- Consoles-Based Esports
- Mobile and Tablets
Breakup by Region:
- North India
- West and Central India
- South India
- East and Northeast India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=4457&flag=C
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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