India’s gaming market grows
According to a report by Lumikai Analysis, India’s gaming market has grown to $3.1 billion in FY 23 after seeing a 19 per cent growth from FY 22.
Revenue stream
Here’s how much in-app purchases, ads, and real-money games contributed to the country’s gaming market
Real money games
Real money games contributed $2 billion to the gaming industry.
In-app purchases
Revenue from In-app purchases was $0.5 billion, according to the report.
Ads
Revenue from ads was $0.6 billion
Projected growth for FY 28
The report estimates that the gaming market will grow to $7.5 billion by FY 28.
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