India's Gaming Market Set to Triple by 2029

A new report predicts India's gaming sector will grow from $3.8 billion to $9.2 billion, outpacing Bollywood.

India's gaming market is projected to grow at a 20% compound annual growth rate, reaching $9.2 billion by 2029.
Mobile gaming dominates, making India the world's second-largest market with 15.2 billion downloads in the past year.
The number of gamers in India increased to 591 million, with a notable rise in female players from 41% to 44%.
In-app purchases, particularly in midcore games, saw a 41% increase, driven by titles like Battlegrounds Mobile India and Free Fire.
The growth in gaming is expected to surpass the revenue of India's traditional media giant, Bollywood, in the coming years.