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Online gaming industry to touch $2.8 billion by 2022 in India

 
 The renowned firm Deloitte has published a complete report with predictions for 2021 that analyzes the various factors that will define technology, media and telecommunications, both for companies and users in India, one of the top five gaming markets in the world , accounting for 13 per cent of the global game sessions.
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 According to the Deloitte study, India will see a boom in digital reality as immersive technologies gain popularity, emphasizing that technology is the biggest differentiator for businesses amid the COVID-19 pandemic.

Importantly, investments in physical and digital infrastructure, including cybersecurity protections for privacy and data security, will help bridge the gap between urban and rural areas and ensure that everyone has access to quality healthcare.

Regarding online games, the firm considers that growth will be directly proportional to the convergence of several factors such as: increase in rural users and women, increase in smartphone penetration, availability of the 5G network, services at better prices, improvement of disposable income and monetization of games.

Thus, Deloitte predicts that the industry will reach $ 2.8 billion by 2022, considering the great growth recorded during lockdown due to the COVID-19 crisis. More specifically, there was a 21% increase in time spent on gaming apps during the initial lockdown period, with the customer base exceeding 300 million users.

Read TECHNOLOGY, MEDIA AND TELECOMMUNICATIONS PREDICTIONS FOR 2021-DELOITTE
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