Financial Growth and Investment
The online gaming industry in India is growing at an annual rate of 30-35%. The gross revenue from skill-based games like rummy and poker is projected to soar from USD 290 million in 2017 to USD 1 https://bring-consulting.co.jp/ billion by 2021This growth has attracted significant investments, further fueling the industry’s expansion.
The Role of Smartphones and Digital Payments
Increased Accessibility
The affordability of smartphones and the availability of high-speed internet, particularly with the advent of JIO, have made online gaming more accessible to the Indian population. As of 2021, India had over 500 million smartphone users, a number expected to grow to 820 million by 2022
Digital Payment Revolution
The demonetization in 2016 and