Receta Growth of India's Gaming Industry

India's Internet Gaming Industry To Grow Up To 22 Percent CAGR Between FY 2018 -- 2023: KPMG

Mobile mobiles accounts for the Vast Majority of online gaming revenues in India

Amount of fantasy sport operators in India seen a seven times expansion as 2016, although the user base grew 25 days

250 Mn online players and game building firms were listed in 2018 compared to 20 Mn and 25 Mn, respectively in 2010

The online gambling sector in India is expected to produce a revenue of INR 11,900 Cr by monetary year 2023, growing in 22 percent CAGR, according to a report by consulting significant KPMG and business's self-regulatory entire body, Indian Federation of Sports Gambling.

With a market share of 85 percent, cellular phones are listed as the significant contributor to internet gaming earnings in India. While tablets and computers accounted for a mere 11.04% market share.

In accordance with the report, important drivers for your mobile gambling expansion is raising smartphone affordability and insight, expanding net user base and decreasing data costs.

Another interesting observation in the report was that the increase in many players and game developing businesses. The amount of game developing companies have touched 250 in 2018 compared to 20 firms in 2010 while amount of players has attained 250Mn out of 25 Mn in 2010. Puzzle, activity and experience were reported to be the best genres in mobile gambling.

Growing of Fantasy Sports Segment

What's more, the amount of fantasy sports operators in India have seen a seven fold increase as 2016, with 70 operators at 2018. Amount of fantasy sports consumers in India has also increased 25 occasions to 50 Mn consumers in 2018 from only two Mn users at June 2016, based on KPMG.

To play fantasy cricket is a sort of online game in which users build teams of actual players of a professional game. These virtual teams then compete depending on the statistical operation of actual players in real games.

'Free to Play' and 'Pay to Play' will be both match versions provided by these dream sports operators. 'Free to Play' model permit users to perform free competitions, which might or may not have associated money prizes. Where as, in the'Pay to Play' version, users need to pay an entrance fee to participate in the game.

"With variety of consumers on fantasy sports programs expected to cross 100 Mn from 2020, this section has the potential to spawn an entire ecosystem around it, and may help deepen user participation with their favorite sports''', said Girish Menon, partner and mind Media and Entertainment, KPMG India.

Factors reported to the increase of fantasy sports especially to play fantasy cricket in India, were increase in electronic infrastructure increase, investor participations, development of sport league and improved clarity on legality of sports.

In 2017, a petitioner has contested the connection of Dream11's link to sports gambling from the High Court of Punjab and Haryana. On the other hand, the High Court had ruled that playing sports online doesn't amount to betting and involves a considerable degree of ability.

In accordance with the report, this pull on the legality of fantasy sports and to play fantasy cricket has led to the industry growth concerning a bigger variety of programs going into the marketplace with comparable formats and also resulting in wider consumer adoption.


User Behaviour Trends

These tendencies are based on KPMG's dipstick poll on 336 consumers who've played fantasy sports at the previous one year.

30 percent of respondents watched'chance to acquire cash' among the motivators for playing sports.
46 percent of these respondents have played with contests at least one time in the previous 12 months.
Just 25-30percent of those spends on fantasy sports programs come from the consumers' pocket.
70-75percent of those spends on fantasy sports are re-investments coming from prior winnings, cash bonus or periodical promotional supplies given with these platforms for their own users.

Almost 85 percent of the respondents in the significant cities play fantasy sports you to three times each week as compared to almost 70 percent of respondents from smaller towns that perform over four times every week.

71 percent of those respondents play fantasy cricket, follow closely by 54% respondents who played with fantasy football.