This post was originally published on The Economic Times
India is emerging as one of the key players in the global esports markets. It wasn’t long ago when one would associate a packed stadium with a popular sport like cricket or hockey in this country and now, we have homegrown players ready to participate in the 2025 Olympics. Our nation is also the largest gaming market in the world, with a user base of 568 million gamers and over 9.5 billion gaming app downloads in 2023. Gone are the days of ‘all work and no play,’ as in esports, ‘all work and all play’ can make Olympic champions. More than 500 million people under the age of 35 are interested in the upcoming Olympics Esports Games in Saudi Arabia, as per the IOC.
Gaming is no longer a hobby but a multi-million dollar market that has captured the hearts and minds of millions of Indian youths. In 2023, the Indian esports market was valued at $40 million, with projections suggesting it could grow to $100 million by 2025. The Indian government’s recognition of esports as an
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