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India’s gaming revenue crosses $1 billion for first time
India's gaming market generated $1.04 billion in revenue in 2025, crossing the $1 billion mark for the first time, according to a Niko Partners report. The 14.8% year-on-year growth was driven largely…
The Story in Brief
India's gaming market generated $1.04 billion in revenue in 2025, crossing the $1 billion mark for the first time, according to a Niko Partners report. The 14.8% year-on-year growth was driven largely by increased spending on mobile games, aided by wider digital adoption and rising disposable incomes. The number of players reached 511 million in 2025, with female participation rising from 43% in 2023 to 49% in 2026. Average revenue per user stood at $2.04. The report forecasts revenue to reach $1.77 billion by 2030 and the player base to exceed 700 million.
The Indian Opinion
The Niko Partners report is being touted as proof of a gaming goldmine, but the numbers tell a more cautious story. The average Indian gamer spends barely $2 a year, and monetisation remains shallow despite 511 million players. The boom in mobile gaming and UPI payments is real, but so are the risks: regulatory uncertainty around real-money games and AI’s impact on jobs could slow growth. Watch whether ARPU trebles to $2.52 by 2030 as forecast, or if the hype outruns the habit.
Source: news.google.com
This story was synthesised by AI from the source linked above.
