#OnlineGaming #Salesforce #Google

Online gaming has seen a staggering growth



The Indian start-up scene has truly come alive in the past couple of years with multiple gaming platforms having immense growth potential. From the first video game models built in the 1950s to the hardware models of the 1970s, going on to the 1990s riding on the internet, the online gaming market is booming today. The global online gaming market, which earned $62 billion in 2020, is expected to be at $300 billion by 2026. A report shows, there is 50% growth in the gaming industry's turnover with national average gaming time spent by users reaching 4.1 hours post covid from the pre-covid average of 2.5 hours. Indian gaming industry is developing and 80% of the population is yet untapped. Games like rummy, poker and call break have seen major traction since march 2020, with the user bases rising 4 to 5 times in millions. At the same time paying gamers have been doubling year on year, with 30-plus aged gamers increasingly driving real money gaming since the pandemic has started.



The Government of India constantly endeavors to leverage technology and innovation towards maximizing the country's potential & economic growth. With a targeted, outcome-based approach and government’s support, emerging technologies are already causing largescale shifts across several sectors driving innovation, entrepreneurship, and job creation. One such sector that has witnessed noticeable growth in recent years is Fantasy Sports. Today, fantasy sports has changed the way fans consume their favourite sports—passive viewers are now active participants and this kind of gaming keeps them at the edge of their seats. The Indian fantasy sports industry is expected to be worth $ 3.7 billion by 2024, creating a huge opportunity for new entrants.

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