The Indian diaspora may be a mixture of gratuitously divergent cultures cramped into a tiny low subcontinent with limited resources. As a result of the identical, the country relies heavily on leveraging technology for professional and recreational purposes. With 5G on the horizon, change is of the essence and growth is that the most probable direction.
The affordability of knowledge plans and mobiles within the country including the launch of 5G and newer technologies can leverage the Indian gaming sector above and beyond. Based on recent evaluations, the mobile gaming market of India accounted for $2.2 billion in 2020 and is projected to grow at ~30% CAGR to succeed in the $7B market — over 3X within the next 5 years. Simultaneously, the important Money Gaming industry has seen a rise of up to 2 times in its user base. The amount of Indian gaming studios has seen a 5X increase within the previous couple of years. A report by KPMG in June 2021 revealed that the casual gaming market in India hosts 420 million users. This accounts for roughly 97% of the entire market.
75% of the population under the age of 45, India shows significant promise in becoming one among the biggest online marketplaces. India’s chance to leverage 5G technology to become one in all the leading markets for online gaming may be a dream that’s tangible and may be realized. India is transitioning from a net importer of world gaming titles to a world exporter of content.
The introduction of 5G and its sheer accessibility to that is indicative of how India’s gaming market will skyrocket. By 2022, mobile operators estimate cloud gaming to account for 25–50% of their 5G data traffic, in keeping with the Mobile Video Industry Council. 5G’s rollout will shift the storage, power consumption, and processing power aloof from the non-public computers and into the sting cloud. The long run of online games requires extra bandwidth, ultra-low latency, and superfast throughput speeds, which makes 5G ideal for delivering cloud-based games. The ascension of 5G round the globe is generating a chance for cloud game developers. By 2025, cloud gaming revenues are expected to achieve $12 billion, with a 25% CAGR.
Technology powers more technology. 5G will see the dawn of mobile, augmented, and video game experiences. It’ll make technology-enabled gaming become a mainstream reality. OEMs are catering to handsets with Higher RAM & better processing power in allowing better graphics, increased for complex games, encouraging developers to make games with better graphics, and ultimately offering a superior experience for the long-term viewer. This can bridge the gap between mobile gaming and mainstream gaming markets, allowing more people to hitch in on both competitive gaming and community-sourced gaming from more places.
Not just restricted to online gamers, but 5G’s impact on a gaming enthusiast’s streaming experience of online games could even be truly revolutionary.
Follow and connect with us on Facebook, LinkedIn & Twitter
