GROWTH TRENDS IN THE GAMING INDUSTRY OF INDIA .

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.