Esports is flourishing in India at a brisk pace and several factors have immensely contributed to it which include- players pool, market size, viewership, events and sponsorship.
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When it comes to comparing India’s growth in reference to Asia and to an extend with the world, we are lagging far behind. China is the biggest player in global esports market and they are followed by North America and Western Europe. Despite huge buzz and ban around PUBG Mobile ban in India the industry is still in a nascent stage and based on reports on different media outlets, India contributed 9.8% to the global esports market revenue in 2020 and an aggregate revenue of $95 million was generated in 2021. Let us share the statistical analysis of comparison between China vs India’s Esports numbers in circular format below:
The Indian market needs such games who can fill the void left by PUBG also different games including the likes of Call of Duty, Leagues of Legends, & Fortnite needs to be promoted at larger levels in India. Also a recognized federation needs to be formed by the government of India so that the operations can run smoothly at International level.As per reports from different media outlets, Indian market is expected to generate revenue of close to $175 billion in 2023 with growing number of avenues and platforms the numbers will statistically rise as 5G is stepping its foot in telecommunication market in the country with this initiative the numbers are expected to increase beyond Tier 1 cities.
