International Journal of Social Science & Economic Research
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Title:
GROWTH TRENDS IN THE GAMING INDUSTRY OF INDIA

Authors:
KHUSHI KUMAR

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KHUSHI KUMAR
Vivekananda Institute of Professional Studies, Guru Gobind Singh Indraprastha University

MLA 8
KUMAR, KHUSHI. "GROWTH TRENDS IN THE GAMING INDUSTRY OF INDIA." Int. j. of Social Science and Economic Research, vol. 6, no. 7, July 2021, pp. 2500-2510, doi.org/10.46609/IJSSER.2021.v06i07.033. Accessed July 2021.
APA 6
KUMAR, K. (2021, July). GROWTH TRENDS IN THE GAMING INDUSTRY OF INDIA. Int. j. of Social Science and Economic Research, 6(7), 2500-2510. Retrieved from doi.org/10.46609/IJSSER.2021.v06i07.033
Chicago
KUMAR, KHUSHI. "GROWTH TRENDS IN THE GAMING INDUSTRY OF INDIA." Int. j. of Social Science and Economic Research 6, no. 7 (July 2021), 2500-2510. Accessed July, 2021. doi.org/10.46609/IJSSER.2021.v06i07.033.

References

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[3]. Farooqui, Javed. “Why Investors Are Making a Beeline for Indian Gaming Sector - Exchange4media.” Indian Advertising Media & Marketing News – Exchange4media, 10 Mar. 2021, https://www.exchange4media.com/digital-news/why-investors-are-making-a-beeline-for-indian-gaming-sector-111465.html.
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[5]. “Get Set to Play Your Favourite Games on Cloud Platform with The Gaming Project - Hindustan Times.” Hindustan Times, 27 Feb. 2020, https://www.hindustantimes.com/brand-post/get-set-to-play-your-favourite-games-on-cloud-platform-with-the-gaming-project/story-EgGw8kNzsGVA4zo7yYuXFM.html.
[6]. “Guiding Principles for the Uniform National Level Regulation of Online Fantasy Sports Platforms in India .” Https://Niti.Gov.In, Niti Aayog , https://niti.gov.in/sites/default/files/2020-12/FantasySports_DraftForComments.pdf. Accessed 20 July 2021.
[7]. India, Press Trust. “Online Gaming Industry Urges Govt to Set up Self Regulatory Body for Sector | Business Standard News.” Business News, Finance News, India News, BSE/NSE News, Stock Markets News, Sensex NIFTY, Latest Breaking News Headlines, Business-Standard, 18 Jan. 2021, https://www.business-standard.com/article/economy-policy/online-gaming-industry-urges-govt-to-set-up-self-regulatory-body-for-sector-121011801056_1.html.
[8]. Mahendra, Vainavi. “How Online Gaming Industry Attracted Money and Eyeballs in 2020; Raked in $173 Million in Investments | The Financial Express.” The Financial Express, The Financial Express, 14 Dec. 2020, https://www.financialexpress.com/brandwagon/how-online-gaming-industry-attracted-money-and-eyeballs-in-2020-rakes-in-173-million-in-investments/2149199/.
[9]. Makhija, Sunny. “Investing in India’s Online Gaming Industry: Key Market Growth Drivers.” India Briefing News, India Briefing, 20 May 2020, https://www.india-briefing.com/news/investing-indias-online-gaming-industry-market-profile-growth-drivers-20440.html/.
[10]. “Online Gaming in India: Reaching a New Pinnacle .” KPMG, May 2017, https://assets.kpmg/content/dam/kpmg/in/pdf/2017/05/online-gaming.pdf.
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[13]. Sharma, Neha. “Gaming Industry – A Lucrative Investment Opportunity For India And Why India Needs To Invest - All India Gaming Federation.” All India Gaming Federation, All India Gaming Federation, 13 May 2021, https://www.aigf.in/fantasy-sports/gaming-industry-a-lucrative-investment-opportunity-for-india-and-why-india-needs-to-invest/.
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Abstract:
India's gaming industry is thriving, and it is one of the most essential and inventive industries in technology today. This industry has faced a number of challenges in the past few years. High tax rates, lack of support and lack of awareness were some of the major issues. Now, gaming is being accepted and getting the recognition it deserves. Mobile gaming has become a popular source of entertainment for people of all ages and from all walks of life in India, thanks to the accessibility and affordability of smart phones and high-speed internet. Localised games are likely to gain traction as penetration, ease of use, awareness, and, most importantly, a sense of familiarity increases. There is a huge sports fan base as well as availability of digital infrastructure in India. Online Fantasy Sports Platforms (OFSPs) could foster the growth of this sector.An increased user base, emerging technologies, and government support are a few of the underlying factors behind the increasing investment.The purpose of this article is to review the recent literature on the magnification of gaming sector in the Indian economy, factors that induced this growth, the driving forces behind huge investments in this domain and recent investments that are crucial to this industry.

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