India is famous for many things: curry, extreme driving, population size, cricket, and, as it turns out, mobile and online gaming. People in India love to play games online and to bet on sports, so it’s not surprising that there are many sites and bonus codes, like the bet365 bonus code 2019 India. To say that the industry is growing is a bit of an understatement.
The Scale
India is one of the top countries in the world regarding mobile and online gaming, as the industry in the country could easily be worth over $900 million. There are new development startups at every turn and the revenue has steadily been growing and is expected to reach $1.5 million in 2023. The current leader in the mobile gaming market is China, but if India plays its cards right, they might present some serious competition in Asia in a decade or two.
Why Are Mobile and Online Gaming so Popular?
Gaming has gotten a cult following of people of all ages. There are several factors that contribute to this, so we are going to expand on each of them.
Smartphones
The internet has made it possible for us to play games and bet on sports from the comfort of our home. Smartphones upped the ante with the introduction of their own software and mobile internet. Now, you can bet and play games anywhere, at any time. All you need is some space on your phone and a stable Wi-Fi or data signal and you’re good to go. It is very convenient and it doesn’t demand that you stay at a particular location or dedicate a huge chunk of your day to commit to the activity. Given the population of India, estimated at the time of writing at 1.37 billion people, it is easy to see why so much of the nation is focused on this technology.
Esports
Esports have recently proven to be very profitable. A long time ago, being good at video games just meant you had a lot of free time and were very passionate about something that, at the time, had little practical value. Nowadays, big companies have their professional teams and sponsored players, who train for the matches and tournaments.
Asia has been particularly enthusiastic about esports and India is no exception. After all, there is market value in both being a participant in esports and betting on one. If you still think esports are not a big deal, some of the prizes in the tournaments exceed $20 million.
Something for Everyone
Free games, freemiums, RPGs, and strategies – the genre of the game online doesn’t matter since everyone has their own preferred style of playing games. There are games for younger generations in addition to adults and even seniors. The online gaming market welcomes all responsible adults to join in.
This is where we need to address India’s population again. India makes slightly over 17% of the world’s population. That means that those that enter the market in India are very likely to make a profit – with the right resources and strategy, of course.