Also, funding in the gaming sector has plummeted 75% year-on-year in 2023, mirroring the global decrease of 79%. There are over 568 million gamers in the country—over 50% of all Indian internet users. About 140 million gamers today are paying users, an increase of 17% year-on-year against last year. About 50% gamers are within the age bracket of 18 to 30 years, with a male-to-female ratio of roughly 60:40. The report said the increase in the number of gamers from non-metro cities rose to 66% in FY23 from 57% in the previous fiscal.

Source: Mint November 03, 2023 18:09 UTC