Tag: esports industry

  • How to Build a Career in Gaming? | Career Options & Earnings in Gaming

    Gaming has shifted its steps from hobbies and fun to career options. The widely spreading popularity of games shows the great future of the gaming industry.

    Parents are mainly concerned about their children, and it is hard for a parent to believe to see it as a career option for their child. It might not look promising, but it occupies even a greater share than the film industry.

    Apart from playing games, this industry offers hundreds of different job opportunities. And when we talk about a career, we are not talking about only a salary-based job for a living. It also includes passion, improvements, achievement, growth, and more. Nevertheless, gaming as a career option is touching all the aspects successfully. Let’s see how.

    Things to Consider Before Jumping into a Gaming Career

    Professional Degrees for Gaming Career
    Career Options in Gaming
    Salary and Earnings in Gaming Career
    Conclusion
    FAQs

    Career in Gaming

    Things to Consider Before Jumping into a Gaming Career

    As per the recent updates of the Deloitte India report, the gaming industry is about to achieve $2.8 billion by 2022. With a pace of 40% CAGR, the industry is boldly highlighting the capacity it holds. A wide range of opportunities demands great effort; check your parameters before jumping in.

    Identify Your Skills

    The gaming industry may sound fascinating, but it demands dedication and skill. Understand your interest and research the desirable job opportunities. If you did not pursue a career you think would be best, choose something that matches your skills. Along with interest, you will need creativity, patience, and motivation.

    Research over the different fields. Don’t accept and move according to someone’s point of view. Introspect and realize whether you can dedicate your time and value in this particular direction.

    Professionality Demands Time

    This field has detail-based work. Professional minds and hands are required to maintain the workflow, and professionality is not an overnight achievement. You need to invest your money, time, and dedication from the first day.

    Figure out in which direction you need the professionality. If you love to play games, you should put effort into being a pro-gamer. And if you want to become a professional in the game-producing industry, then put your time and efforts in that direction.

    Update and Upgrade

    Gain information about the recent updates and remain in touch with the trend. Reciprocating with the trend, always upgrade yourself. It will uphold your demand in the industry.

    This industry has evolved a lot. A specific game retains its popularity for a particular period. Gamers always want something new, and you should be ready to bring that change. Updating with technology is also needed, as technology is directly associated with the gaming experience. Your updated knowledge can give a different experience to the users.

    Grow as a Community

    Social reach and community building is an effective way to deliver your work. If you are a pro-gamer, it is impossible to achieve money and fame if you are socially inactive. It will make you aware of the user’s needs when you connect with the community.

    Live streaming, victory milestones posts will increase your followers. You can grow your fanbase and spread your skills to the world.

    Never Skip the Fundamentals

    This is an essential point for every sector. The fundamentals are the keys to withstand in this competitive field. You will notice thousands of gamers and millions of gaming professionals, and you can stand out only if you grow with a solid fundamental grip.


    Top 17 Online Fantasy Gaming Companies in India | Fantasy Games
    Fantasy gaming industry is experiencing a boom in startup culture. Look at the world of Online Fantasy games in India. Top Online Fantasy Games – Dream11, MPL, etc.,


    Professional Degrees for Gaming Career

    The arena of gaming is expanding vastly at a rocketing speed. With this expansion, new games are also coming up in the scenario. The most common gaming types are namely; personal computer games, online games, mobile games, handheld games, console games, and arcade games. This expansion also offers the proliferation of new career options and degrees, starting from certificate to master’s degrees.

    The most common diploma and certificate courses that individual interest areas are certificate courses in game design & art, and gaming. Besides these certificate courses, you can also go for diploma courses in some fields such as animation, game integration and design, game development, production gaming, game programming, gaming, and related special effects.

    In addition to that, some people also go for advanced diploma programs in game programming, game design, game art, development application, and 3D content creation related to games. These diploma and certificate courses are best suitable for interested individuals who have completed their matriculation.

    Interested candidates who have completed their 12th grade successfully can also pursue graduate courses in gaming. The common courses include bachelor’s of science in gaming, graphics, animation, game development, and designing. In bachelor’s of arts, fields such as computer graphics, animation, digital filmmaking are available. Other miscellaneous courses such as B.Tech in game development and computer science and BMAD (bachelor’s degree in the field of design & media animation) have also come up.

    Besides these basic courses, an interested individual can also dive deeper into gaming and go for a master’s course. The most popular master’s course is masters of science in gaming, multimedia, game design, game development, and animation. Moreover, one can also go for an integrated bachelor’s and master’s degree in the stream of animation & multimedia along with game design & art.

    For pursuing the diploma and certificate courses, the interested candidate must have qualified 10th and 12th boards or any such equivalent examination with a minimum of 60% in their final exams from a recognized board. The interested candidate must have qualified 12th boards for pursuing the undergraduate courses. A bachelor’s degree from the field of gaming or its related disciplines becomes mandatory for individuals desiring to pursue a postgraduate degree.


    Metaverse Development | Companies Working On Metaverse
    Virtual reality & metaverse is an extraordinary experience in the digital world. Know about Metaverse development and companies working on it.


    Career Options in Gaming

    Career options in Gaming
    Career options in Gaming

    The individuals interested in continuing their career must have conceptual and practical knowledge related to visual designing, coding, animation, and programming. Let’s discuss the top career options in this technologically evolving arena. Starting the list with gaming designers, these professionals conceptualize and formulate the storyline behind the game. They also design the game, thereby developing various characters and levels.

    Gaming producer is another career option where professionals plan the production and release of the game, thereby managing every crucial part such as licensing of the game. Game animators are the professionals who impart engaging and thrilling graphics to set a lucrative atmosphere for the game. Game writers are professionals who evolve the storyline and dialogues of the game. Game artists are responsible for their 2D and 3D visual touch, making even tiny objects very animated.

    Audio engineers are specialists who develop the audio theme and voiceovers in the game, thereby developing the background effects of the game. Game testers carry out various testing in the game before their release, thereby ensuring that no loopholes crawl to the audience. You can also go for other career profiles such as character animator, level scripter, art designer, interactive media designer, level designer, scriptwriter, game modeller, and freelance game developer.


    Top 10 Successful Gaming Startups in India that are ruling the Gaming Industry
    The gaming industry is one of the fastest-growing industries in India. It is a very competitive market to capture but these successful startups have been ruling the industry.


    Salary and Earnings in Gaming Career

    A career in gaming and esports is the new lucrative trend among youngsters. Perhaps, this stream offers high packages even to freshers. The most common recruiters include Zynga, Electronic Arts (EA), Ozura, Digital Chocolate, Hashtag, iEnergizer, and Games2Win. An average professional gamer earns no less than $60,000 annually.

    Gamers with slightly better knowledge can even multiply their earnings, making it hit millions. With the online gaming industry earning the value of Rs 9,000 crore in 2020, gamers can also earn millions of dollars. It is all it needs for a professional to have the right practical skills besides his certificates.

    Conclusion

    Past was the time when gaming had a narrow future, and it is considered as time passed. It has become a strong professional career option. This industry also releases openings to recruit real and passionate game lovers. It is not difficult to certify yourself with the desired degree.

    Society is also openly accepting this as a career option. Parents trust their wards and allow them to pursue these fields. It has an evolving opportunity and a bright choice.

    FAQs

    Can gaming become a career?

    Gaming is not limited to entertainment and hobby these days. Gaming has become a great career option for those who have passion in gaming, graphics, animation, game development, and designing.

    What are different types of Gaming?

    The most common gaming types are:

    • Personal computer games
    • Online games
    • Mobile games
    • Handheld games
    • Console games
    • Arcade games

    What are top gaming startups in India?

    Some of the top Gaming Startups in India are:

    • Dream 11
    • Nazara Technologies
    • Paytm First Games
    • Games2Win
    • Moonfrog Labs
    • 99 Games
    • Octro
    • JetSynthesys
    • Hashcube
    • Mech Mocha

    What are online Fantasy Gaming companies in India?

    Some of the top Online Fantasy Gaming Companies in India:

    • Dream 11
    • Halaplay
    • MPL- Mobile Premier League
    • Cricplay
    • Fanfight
    • 11 Wickets.com
    • Zapak
    • BalleBaazi
    • MyTeam11
    • Rummy Circle
  • Top 10 Gaming Startups in China leading the Gaming Industry

    Over the years, China’s Gaming Industry has grown exponentially and now houses a few of the best gaming companies in the world. The country gaming industry generated over $32 billion total revenue only in 2020, while E-sports earned more than $20.8 billion. When it comes to PC games, the Chinese gaming companies earn over $8.5 billion.

    China also has the best e-sports players in the world and is among the top in the most significant game development market in the world. China is known to have over 665 million players who also spend more than 278 billion yuan on video games. Because of numerous strict regulations imposed by the Chinese Government, many Chinese gaming companies now want to focus on moving overseas markets.

    China is called the gaming capital of the world as its gaming companies have provided innovative solutions at a high cost to value ratio. China currently has over 778 gaming startups in the country in 2021. The Chinese gaming companies are known to have a skilled workforce that aims in delivering quality, unique and engaging content.

    These are the top ten gaming startups in China. The Chinese online game streaming industry is expected to grow to a height of a CAGR of 9% from 2021 to 2026, which means China has the potential to dominate the market with its gaming startups.

    Tencent Games
    NetEase Games
    Huya Inc
    Hero Entertainment
    Giant Interactive Group
    Cushou TV
    Panda TV
    Zeus Interactive
    Chukong Technologies
    Madhead App
    Frequently Asked Questions


    Why is China limiting gaming? | How will it impact Gaming Startups?
    On August 31st 2021, the Chinese government has imposed restrictions on online gaming in order to curb gaming addiction among minors. Keep reading to find more.


    The Top Ten Gaming Startups in China are

    Tencent Games

    Company Tencent
    Founded year 1998
    Headquarters Shenzhen (China)
    Funding $12.6 Billion
    Investors Lippo Group, Prosus & Naspers, PCCW, IDG Capital

    Tencent Logo
    Tencent Logo

    Tencent Holdings is one of the top gaming companies that was founded in 1998, with its headquarters based in Shenzhen, China. Besides gaming, Tencent also has its foothold in the sectors of entertainment, AI, advanced technology, and other internet-related services and products. Tencent Games has the largest online gaming community in China, it also is the largest digital entertainment platform in the world.

    The company reportedly generated over $14.86 billion total revenue in 2019 revenue, making it the world’s largest games publisher the same year. Its most well-known games are PUBG Mobile and Honor of Kings. Both PUBG Mobile and Honor of Kings are globally renowned free-to-play multiplayer action games.

    NetEase Games

    Company NetEase
    Founded Year 1997
    Headquarters Hangzhou (China)
    Funding
    Investors SoftBank Group

    NetEase Logo
    NetEase Logo

    NetEase is another top IT company in China that operates and develops online PC and mobile games. The company was founded by William Ding in 1997 with headquarters based in Hangzhou, China. NetEase is now a global gaming company as it has collaborated with Blizzard Entertainment, Mojang AB and other leading global game developers.

    Besides gaming, the company has also ventured into the industries of advertising, email and e-commerce services in China. The top games the NetEase has developed are Westward Journey, Tianxia III, Nostos, Onmyoji, among others.

    Besides that, the company has also operated the Chinese versions of Blizzard Entertainment games like World of Warcraft, Overwatch, etc. NetEase is now ranked second place among the top mobile gaming companies in terms of its global revenue and has high ratings on both Apple and Google app stores.


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    Huya Inc

    Company Huya Inc
    Founded year 2016
    Headquarters Guangzhou (China)
    Funding $1.1 billion
    Investors Tencent, Ping An, Engage Capital, David Li, 5Y Capital, Rongjie Dong and Gaorong Capital

    Huya Logo
    Huya Logo

    Huya is a live game broadcasting platform that was founded in 2014 with its headquarters based in Guangzhou, China. The company provides a broadcasting software platform that allows its users to stream and take videos while playing the game.

    It helps connects broadcasters to their audience and is also the provider for a wide variety of media ranging from talent shows, cooking, sports, animes, online movies, etc. Huya is also the official broadcaster of top e-sports competitions.

    Hero Entertainment

    Company Hero Entertainment
    Founded year 2015
    Headquarters Beijing (China)
    Funding $539 million
    Investors Huayi Brothers Media Group, Prometheus Capital, ZhenFund, etc

    Hero entertainment also known as Yxgyu.com is a mobile game developer that was founded in 2015. The company has its headquarters based in Beijing, China. Hero entertainment is the developer of the Battlefield series, which is a MMA fight show. Besides game development that company is also into combat sports and mixed martial arts promotions in their country.


    Why did China ban Cryptocurrencies Transactions and How it Affected the market?
    China has recently banned cryptocurrency transactions. Lets Find out why did it banned cryptocurrency transactions and how will it affect the market?


    Giant Interactive Group

    Company Giant Interactive Group
    Founded year 2004
    Headquarters Shanghai (China)
    Funding $44.3 million
    Investors SIG China

    Giant Interactive Group Logo
    Giant Interactive Group Logo

    Giant Interactive Group is one of the best Chinese online game developers and operators of many well-known multiplayer online games. The company was founded in 2004 and has its headquarters based in Shanghai, China. Giant Interactive Group is currently one of the leading online game developers and operators in terms of revenue.

    Their game ZT online is the most popular game in China in 2006, after the success of that game the company came up with Road Bin and Street Basket for android and iOS. Besides that, it has also come up with Jianghu and Xian Xia World both of which are MMORPG games. The company was also named“2016 Top Ten Most Anticipated Versatile Game Honor” by Road Crate.

    Cushou TV

    Company Cushou TV
    Founded year 2011
    Headquarters Hangzhou (China)
    Funding $117 million
    Investors Google, GGV Capital, Shunwei Capital, AlphaX Partners, iQiyi

    Cushou TV is another leading mobile video live streaming platform with its headquarters in Hangzhou, China. Besides being an eSports video streaming platform, the company has also developed popular games like Counter-Strike and League of Legends that are well known around the world.

    The company is now planning to improve its user network and expand its live video host’s network. Cushou TV has is well known for its live video-streaming platform that provides interaction sites and games, which enables E- gamers to stream their mobile phone game activities live.


    List of Top Startup Incubators in China
    If you are looking for funding and support for your startups, Here are Top Startup Incubators in China you should consider.


    Panda TV

    Company Panda TV
    Founded year 2015
    Headquarters Shanghai (China)
    Funding $145 million
    Investors Zhen Fund, Chen Hai Capital, Hanfor, Lighthouse Capital

    Panda Tv Logo
    Panda Tv Logo

    Panda TV is a Shanghai-based E-sports live streaming platform that specializes in broadcasting e-sports events live. The company allows its users to stream live e-sports games, events, it also streams video and news content related to esports.

    It main competitors are Douyu TV and Twitch. However, in 2019, Panda TV announced that it will end its services because it had failed to raise funds in order to keep the operations going.

    Zeus Interactive

    Company Zeus Interactive
    Founded year 2011
    Headquarters Beijing (China)
    Funding $132 million
    Investors Beijing Enlight Media, Legend Capital, Legend Star, etc

    Zeus Interactive Logo
    Zeus Interactive Logo

    Zeus Interactive is a leading game and web developer with headquarters based in Beijing, China. The company was started in 2011 and focuses on developing online mobile games.

    Zeus Interactive so far has over 15 plus games and specializes in role-playing games for both mobile and PC. The company has raised more than $132 million in funding. Currently Zeus Interactive is planning to turn its games into live-action movies.


    List of Top 12 Chinese Companies Operating in India
    Chinese companies have acquired a huge part of the Indian market. Here’s a list of 12 Chinese companies operating in India.


    Chukong Technologies

    Company Chukong Technologies
    Founded year 2011
    Headquarters Beijing (China)
    Funding $123 million
    Investors Qualcomm Ventures, GGV Capital, Steamboat Ventures, New Horizon Capital, Creaturk, Sequoia Capital China

    Chukong Technologies Logo
    Chukong Technologies Logo

    Chukong Technologies is a well-known mobile entertainment platform with its headquarters based in Beijing, China. Besides developing mobile games, the company also has its foothold in publishing and game engine development.

    The company has more than 60 published titles and its most successful game has been Fishing Joy which was launched in 2011, this game gained over 12 million downloads within a year of its launch.

    Madhead App

    Company Madheads
    Founded year 2013
    Headquarters Hong Kong (China)
    Funding $70 million
    Investors Forgame

    Madhead App is a popular game developer with its headquarters based in Hong Kong. The company is known for its Role-playing games, its most well-known games are Tower of Saviors in need and Chronos Entryway. Their games like Tower of Saviors had over 19,00,000 downloads as of 2016.

    The company’s games are popular in Taiwan, Hong Kong, Malaysia and other South Asian countries. It game Tower of Saviors so far has over global downloads of over 23 million. Madheads is known for providing the best user experience for all mobile gamers.

    Frequently Asked Questions

    What are the top gaming startups in China?

    The top gaming startups in China are Hero Entertainment, Huya Inc, Madhead App, Chukong Technologies, Zeus Interactive, Cushou TV, Panda TV, Giant Interactive Group, Tencent and Netease.

    How many gaming startups are in China?

    China currently has over 778 gaming startups in the country in 2021.

    How much revenue does China generate from Gaming companies?

    The country’s gaming industry generated over $32 billion total revenue only in 2020, while E-sports earned more than $20.8 billion.

  • The Growth Of Esport Market In India: The New Booming Industry

    Esports is a form of sport competition using video games which is often organized into multiplayer video games, particularly between professional players, individually or as team. Esports has managed to take over the market in India mainly because of the growth and promotion done on online streaming platform such as Youtube and Twitch. The word “esports” is getting increasingly popular by the day thanks to the multiplayer online games like PUBG and Fortnite.

    The masses still don’t know that the esports industry is more than a decade old and has just shot up in India in the past few years with more developers and investors jumping into the sector. The most common video game genre of esports are multiplayer online battle arena (MOBA), first person shooter (FPS), fighting, card games, battle royale and real time strategy (RTS). The popular franchises include League of Legends, Dota and Counter strike.

    Although the legitimacy of esports as a true sporting competition remains in question, they have been features alongside traditional sports in events such as Asian games, while even the International Olympic Committee are also discussing their inclusion into the future of Olympic events. In India esports accounted for around 4% of all online gaming users and 9.13% of aggregate revenue out of the overall online gaming market in FY20. The growth in esports prize money pool by 123.3% during 2016-2018 has attracted gaming enthusiasts to become professionals

    Esports in India
    Esports Market During Covid-19
    Best Esport Games in India
    Role of The Stakeholders
    Esport as a Career Option
    Rise in Esport Prize Money Pool
    Smartphone Penetration
    Emergence of Esports Café
    Rise in Startup Investments
    Frequently Asked Questions


    Growth analysis of gaming industry globally and In India.
    The global gaming market was valued at $ 151.55 billion in 2019 . This industryis expected to reach a value of $ 256.97 billion by 2025. It is expected toregister a CAGR of 9.17% over the period (2020 – 2025). Gamer’s experience iswhat all the emerging comapnies are focusing at. Every company i…


    Esports in India

    According to Forbes, India ranks 16th, with a total revenue of $1.17 billion (8,000 crore approx.). Comparatively to, North America is estimated to generate revenues of almost $409 million in the next four years while China known to have largest gaming market in the world, with a total revenue of $37.9 billion (Rs 26.11 lakh crore approx.) in 2018, followed by US, Japan and Korea. This shows there is huge potential in the esports market and India needs to tap into that space.

    In 2010, India only had 25 game developers whereas now we have 250 more joining the list every year. Corporate giants like Paytm, Alibaba, Tencent and even Nazara have been investing heavily in the Indian gaming market, which is currently one of the top 5 countries in terms of mobile gaming. Most of the revenue generated in esports is sponsored by companies like Asus, Oppo which have been funding to organize and promote esports competitions in India.

    Popular esport events in India
    Popular esport events in India

    Apart from the local tournaments like PUBG Mobile India Series 2019, for the first time, Mumbai is set to play host to one of the biggest esports gaming event, ESL (Electronic Sports League) which will see Dota 2 players from across the globe compete in the two-day tournament. According to a Forbes report, as of October 31st 2019, 285 players from India had earned $216,761.38 (Rs 1.49 crore) in various esports tournaments and games, ranking India at number 64.


    MPL ( Mobile Premier League) – Founder | Story | Revenue | Business Model
    As per a KPMG report[https://assets.kpmg/content/dam/kpmg/in/pdf/2019/08/india-media-entertainment-report-2019.pdf] published in 2019, over 300 million people in India play online games. Onlinereal-money gaming that entered India around a decade ago, is also gaining muchpopularity, the reason b…


    Best Esport Games in India

    Counter Strike

    Counter Strike remains the most popular and most played esports in India. Counter Strike was released in 2012. Since 2012 Counter Strike has been India’s most popular esports game. India was not a hub for esports back then. But now Indian esports are being recognized at an international level and getting international investments too. Counter Strike is a multiplayer first-person shooter which pits two teams against each other. Competitors are given the task of eliminating the other while completing separate objectives.

    Dota 2

    Dota 2 is one of the first esport that comes to mind while talking about India’s most popular esports games. Dota 2 is a multiplayer online battle arena. The two featured teams can have 5 players each. To win Dota 2, each team has to destroy the opposing structure while defending theirs. Players have more than 100 characters to choose from. Each character has unique abilities, playing styles, and attributes.

    Esports Market During Covid-19

    The paradigm shift in the way Indians consume content and the way people socialize online has acted as a catalyst for man attention economy sectors including online gaming. According to a report by Barc and Nielson the number of smartphone game users per week grew from 60% in pre Covid times to 68% during the lockdown. Similarly the mobile games per user spent went from 151 minutes before covid 19 to 218 minutes after the lockdown.

    Esports has a huge potential in the Indian market because of the high youth population.  The esport segment has online gaming has witnessed significant growth in India in the past few thanks to proliferation of high end smartphone at affordable prices, as well as the rise of mobile games such as PUBG mobile, Free Fire, Clash of Legends, call of duty Mobile among PC and Console games.

    Along with deeper penetration for high speed 4G internet and a rise in the number of online gamers the esports market has all the ingredients for growth. The aggregate revenue of esports startups and companies in India reached $68 Million in FY2020 and is projected to grow by CAGR 36% in the next 3 years, as per Inc42 Plus analysis of 36 companies including Jetsynthesys, Nazara technologies, Usports, Gamerji among others.

    India's online gaming revenue growth to hit inflation point
    India’s online gaming revenue growth to hit inflation point

    Role of The Stakeholders

    From e-commerce platforms like Flipkart to Asus, high end gaming hardware manufacture s like Asus as each platform play a major role in making sure that budding gamers and professional get the required accessory or hardware. According to Leon Yu, Regional Head for India and South Asia, ASUS, “most gamers these days demand LCDs, mobility of hardware and mostly importantly performance. We have also ensured that affordability and performance is catered to with our new series of ROG gaming laptops, which start at Rs 50,000.”

    In terms of affordability and availability, ecommerce platform like flipkart and amazon make sure that customers get the products at a cheaper price. Looking at the market opportunity, even unicorns such as Paytm and Hike have doubled down on games. While Paytm launched Paytm First Games as a multi-game platform, Hike-backed WinZO has also been growing rapidly and has raised plenty of funding in the recent months.

    Connectivity is quintessential for the growth of the gaming industry and telecom providers too have been working around the clock to not only provide users with affordable data plans, but also work towards make high-speed data accessible across India. According to Anurag Khurana, Head of Esports, Reliance Jio Infocomm Limited, “In terms of data availability, Reliance Jio has setup 3,00,000 mobile towers and spread around 3.5 million km of high-speed broadband cables across India in order to improve the connectivity because I feel low latency is key for online gaming.”


    Growth analysis of gaming industry globally and In India.
    The global gaming market was valued at $ 151.55 billion in 2019 . This industryis expected to reach a value of $ 256.97 billion by 2025. It is expected toregister a CAGR of 9.17% over the period (2020 – 2025). Gamer’s experience iswhat all the emerging comapnies are focusing at. Every company i…


    Esport as a Career Option

    Currently there is not much scope for professional gamers in India as the infrastructure and the ecosystem is not ready to support a lucrative livelihood for many. According to Akshat Rathee, “choosing to be a gamer is a risky proposition in India as there is not much scope. However, there are other avenues one can explore in the gaming industry. People can choose a career in game commentary, choose to be an influencer where they can play games and talk about it, or a coder who can write code to build AI for games.

    Data handlers are also a good option where they can track data issues and then the biggest avenue is voice-over artistes as many developers will look to localize game content for Indian gamers. A career in esports or gaming in India can easily earn you anywhere from Rs 50,000 to Rs 2 lakh in a month. Since esports doesn’t require any extreme physical strength, it is a gender neutral space. Sasha Hostyn is one of the most successful women in professional esports and recently won the Intel Extreme Masters 2018 tournament, taking home $50,000 (Rs 34.45 lakh).

    Rise in Esport Prize Money Pool

    As indicated earlier, esports has seen rising participation from Indian players as the prize money across esports tournaments has been on an upward trajectory since 2016. The entry of PUBG Mobile in India was game changing moment as it provided gamers a career option. As per sensor tower data for July 2020, out of PUBG Mobile 734 Mn downloads globally, India was the ranked top in terms of downloads, with 175 Mn installs or 24% market share.

    The growth rate of Esports prize money in India
    The growth rate of Esports prize money in India

    Of course, much of this growth has been in recent years, whereas esports is already a multi-billion dollar business in the US and China. So relatively speaking, India has a long way to go in terms of revenue and income for players, despite outpacing China and the US in terms of downloads. To put in perspective, in 2019, esports tournaments in the US offered over $40 Mn in prize money, while India’s largest tournaments the PUBG Mobile India Series 2020 offered Rs 50 Lakh as total prize money.

    Smartphone Penetration

    Aside from the internet penetration and demographic fit, esports market in India has been driven by the proliferation of high performance smartphones and increasing presence of gaming related. The number of smartphone users in India grew at a CAGR of 15% during 2015 to 2020. The growing demand for digital services for information, entertainment and communication through apps such as Facebook, Whatsapp and YouTube have led to matured segment like esports.


    Top 10 Online Fantasy Gaming Companies in India: Dream11, MPL,Cricplay
    Time and again, an app comes into play that floods up the market share. OnlineFantasy Games has become more common in the last 2 decades and shockingly it hassecured top gear in India. Because, by creating your own imaginary team, if youcould earn some real money, then, why not? One gaming app h…


    Emergence of Esports Café

    Esport cafes are not only a way for people to play games without owning the requisite hardware, but this is where the competitive mentality is built through amateur tournaments. India is home to an estimated 350-plus such esports cafes with PC hardware giant NVIDIA announcing plans to expand its gaming footprint in India by adding 100 more cafes. Nemesis Gaming, League of Extraordinary Gamers (LXG) and Circle Gaming are few major esports cafe startups in India.

    Rise in Startup Investments

    The demand for competitive gaming rises in India, the esports and gaming segment is attracting adequate investor interests. Between 2014 and H1 2020, the total venture capital funding in Indian gaming startups was $448 Mn, according to Inc42 Plus. Among the gaming startups, the top-funded startups are Dream11 with $100 Mn in total funding, followed by Smaaash Entertainment with $82.6 Mn in funding and Nazara Technologies with $79 Mn.

    Frequently Asked Questions

    How to get into esports in India?

    You need to pick one famous game and practice it well. Get as many wins as possible. The best thing to join esport is to join a league or play in an online tournament. The entry fees are very less. It gives you chance to play against high-level players.

    Which are the best esports games in India?

    Counter Strike, Dota 2, League of Legends, Overwatch are some of the best esports in India.

    How esports organizations make money?

    Esport organizations make money through content and tournament performance.

    Does esports have a future in India?

    Esports as an industry has unlimited scope in India. According to the Indian Federation of Sports Gaming, Esports will see rapid growth in the country and reach a cumulative revenue of up to ₹11,900 Crore.

  • Growth Of Indian Gaming Industry During Pandemic

    The Indian online gaming Industry is growing at an exponential rate upon year and is expected to be worth $1.1 billion by 2021. The industry has experienced a drastic growth at the beginning of 2020 due to the pandemic. When other businesses shut down, the gaming industry got lots of new users. The number of games doubled after the lockdown and is expected to rise in 2021.

    Online gaming has gained a strong foothold within the India entertainment industry. With a projected user base of more than 628 million gamers, this gives a whole new boost to the Indian economy. This industry contains game developers, designers, investors, marketers and gamers of all ages working together to come up with the latest cutting games, concepts and offers for players. Gaming has become one of India most exciting industries with more investment from both companies and consumers every year.

    The online gaming industry is still quite an unexplored area in India but the companies that have taken the leap are flourishing and are now expected to grow by 41% in 2021. All this interest and potential makes India one of the top gaming markets amongst emerging global economies. Statistics show that the Indian gaming markets is the fastest growing one in the world.


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    A Brief About The Indian Gaming Industry
    Gaming Industry During The Covid Pandemic
    The Reasons For The Growth Of Online Gaming Industry
    FAQ’s
    Conclusion

    A Brief About The Indian Gaming Industry

    According to a report ‘Gaming- India Story’, the online gaming Industry is said to be growing at the rate of CAGR of 22%. The report also claimed that the Indian Gaming Industry is expected to grow 41% annually due to the growth of digital infrastructure rise in quality and engaging gaming content. The gaming Industry in India is said to be valued at $3,750, by 2021. So far, the industry has attracted $350 million in investments from venture capitalists from 2014 to 2020.

    Value of gaming companies from the financial year of 2007 to 2020 with estimates until 2022

    Pankaj Karna, the managing director of Maple Capital Advisors said that, “With growing internet penetration, compelling economics, usage statistics and increasing ecosystem of entrepreneurs and developers focusing on this space we expect good growth in investments which are likely to at least double in this space in the next 1 – 2 years.” India has become the second largest market worldwide for app worldwide for app downloads.

    The three key segments of online gaming are Real Money Games (RMG), Mobile centric or casual games and Esports. There has been a huge increase in the number of smartphone users which is why many gaming developers are looking on to capitalize on. At present, there are over 400 gaming startups and more than 500 million smartphone users in India, making mobile gaming lead by 85% share of the total online gaming sector in India.


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    Gaming Industry During The Covid Pandemic

    Due to Covid 19 and substantial lockdown, visits to online gaming websites or apps rose by 24%. Moreover, engagement as measured by the amount of time spent on gaming sites or apps, also increased by 21% during the same time period. Platform such as Games2Win, WinZo Games, Hitwicket, Gamerji and Rummy recorded a tremendous increase in daily user’s base as well as the time spent playing those games. While Indian gaming companies like Dream11 and MPL are known worldwide.

    Top Gaming Companies in India

    In 2020 however, Esports have shown strong user growth and profitability, and so has the real money games, which besides lockdown also increased after the ban of popular multiplayer games like PUBG. Winzo games reported three times more user engagement and 30% higher traffic in online mobile gaming. Similarly Paytm First games also reported 200% increase, with 75,000 new users only during the pandemic.

    Three in every five serious gamers are now playing for around four hours more than before the lockdown. Mobile gaming in particular as seen a steady rise during the lockdown as there were many people at their homes. During this time, around 15% of the Indian gamers shifted from playing freemium games to paid games. Through a survey, most gamers also agreed that mobile gaming helped them overcome isolation.


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    The Reasons For The Growth Of Online Gaming Industry

    Accessibility to smartphones

    The smartphones market plays a crucial role in the gaming industry. The increased competition requires offering more reasonable prices. As a result, anyone can afford a smartphone with great features. Along with the availability of faster internet connection, this leads to the perfect conditions for online gaming growth. The market will grow even more when people get access to a mobile device.

    gadgets used for playing video games in India
    Gadgets used for playing video games in India

    Investments by Chinese Tech firms

    Chinese tech companies invested in the Indian gaming markets. According to estimates they managed to invest over $8 billion in the Tech sector. Companies such as Alibaba and Tescent gained stakes in some in some of the top Indian gaming companies. The government has recently put restrictions on Chinese investments during the Covid 19 Pandemic.

    This however, did not stop the investors from investing in Indian gaming companies. Paytm First Games and Daraz has launched a successful gaming platform in Bangladesh. Tencent experienced a fall due to the lack of sporting events in the lockdown. But, they chose to invest in Dream 11, as they saw potential in the platform.

    More people equals to more players

    India has the second highest population in the world, with over 1.3 billion inhabitants as of the beginning of 2020. This means that there is a massive untapped base for the gaming industry in India, which has already benefitted the Indian economy to a great extent. The main reason for some games to get popular are when some people talk to each other and invite their family members to group games, influence their peer groups and spread the word about their games. This leaves a lot of scope for the gaming industry to make a foray into.


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    Skill gaming options

    Youngsters in India love to play skill games. When it comes to the online availability of different games has taken this sector to a whole new level. There are numerous sites available so that Indians can choose their favorite games. The market needs to expand market the options and offers many more choices for different tastes. The game providers need to introduce more free games for passionate players.

    Growing culture

    The increase of number of players, results in a convenient gaming culture. The revenue generated will help the gaming industry grow and will help the local gaming communities and the ecosystems that include developers as well as consumers. In the last decade, the number of Indian game development companies has increased from 25 to 250, with new gaming startups appearing every month. It’s more appealing for the public to spend their money on businesses and companies that will develop products that are tailored to their own local tastes.

    FAQ’s

    Is the gaming industry growing?

    Game console revenue, which includes the hardware and all game software and services, is expected to rise 20% worldwide compared with 2019, to $52.5 billion, according to Ward. Looking at digital PC and Mac sales, global revenue is expected to rise 11% from a year ago, to $39.5 billion.

    Is the gaming industry dying?

    The gaming industry is very far from dying, but there is a massive problem with the economics of the gaming industry at both the high and low end, and both of these problems mean that taking risks is dangerous. So the video game industry is playing it safe and probably too safe at the moment.

    Why gaming industry is the best?

    The gaming industry is considered to be one of the most exciting industries in tech because of its importance to culture, entertainment, and technological advancement.

    Which country has the biggest gaming industry?

    As of 2020, it is estimated that China ranks first among the biggest gaming markets worldwide, with a revenue of 40.85 billion U.S. dollars. The video gaming market in the United States ranked second, generating an approximate 36.92 billion U.S. dollars in annual revenues.

    How big is the gaming industry?

    Video games are a billion-dollar business and have been for many years. In 2020, the revenue from the worldwide PC gaming market was estimated at almost 37 billion U.S. dollars, while the mobile gaming market generated an estimated income of over 77 billion U.S. dollars.

    Conclusion

    Due to the widespread coronavirus pandemic, the gaming industry is thriving and growing like anything. This is because of the precautions that are taken for coronavirus. Social distancing has made people limit interaction with each other. This has led to a downfall in consumer and business activities. Online Gaming has become the platform that has provided an engaging distraction for people seeking social interaction.

    Looking at the situation where it may take a while for the pandemic to settle and cool down, the expectation of the video games industry is to continue its upward growth trend. The gaming community is looking at a post-pandemic gaming world with a steady flow of new titles, campaigns on social media, quizzes and competitions. There is no stopping to the Gaming Industry that has made people interact in crisis situations.

  • Esports Industry Revolution In 2020

    Electronic sports or esports, a form of sport competition through video games have become increasingly popular in today’s world. It often takes the forms of organized multiplayer video game competitions participated by the professional players either individually or as a team.

    It was initiated as a competition between amateur gamers. Still, in the late 2000s with the participation of professional gamers in the presence of a large audience through live streaming methods, it saw a huge surge in their popularity. As time went by, esports became a significant factor in the gaming industry.

    They encouraged many game developers to actively design and provide necessary funds for holding tournaments and various other events.

    Various genres of video games have become associated with esports such as the multiplayer online battle arena (MOBA), a real-time strategy (RTS), first-person shooter (FPS), fighting, battle royales, and card games.

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    Popular esports has also become established like the League of Legends, Counter-Strike, Dota, Starcraft, Super Smash Bros, World of Warcraft, and many more.

    World of Warcraft

    Esports leading the market over the years

    Though esports may seem to be a niche activity, its influence and scope is massive spread all over the world that it is considered to rival even the entertainment industries.

    Many numbers can be used to highlight this feature. In the year 2018, esports brought in an astounding $906 million, with approximately 436 million viewers worldwide, and the fun fact is, over 40% of the viewers do not play the said game. For the year 2020, predicted revenues from esports is around $1.48 billion.

    The tournaments and leagues

    The millions of viewers watching the tournaments do not necessarily mean that each of the viewers is gamers, many of them don’t even know how to play the game that they watched, they are just interested in simply watching their favourite game with their friends and millions of other people around the world.

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    The huge amount of audience matches the figures in the prize money that is up for grabs. Profits in esports tournaments and league held such an upside that in 2017, Riot games began to sell League of Legends franchises for $10 million, and the Overwatch League franchise for $20 million by Activision Blizzard.

    Ways of viewing

    Primarily, all the viewing takes place online, but nowadays, with a rise in their popularity, larger sports channels have started incorporating the e-gaming into their schedules.

    The esports scenario up till the late 2000s was mainly for the amateurs. Still, with improvements in broadband networks and increased computational powers in both PCs and mobile phones, live streaming sites emerged and paved its way to stardom.

    So, the exponential growth of the esports industries can be credited to these live streaming platforms such as Panda. Tv, Youtube Gaming, Smashcast. Tv, Twitch and more.

    Live streaming may be the major form of viewing the tournaments and leagues, but surprisingly, there has been an increase in demand for spectators who prefer to watch them in person. Answering to this request, large spaces have been made as a platform where you can witness these games in person.

    Many of the esports tournaments have taken place in places such as the Beijing National Stadium, Cineplex Inc. in Canada, the Luxor Hotel in Las Vegas with tickets selling out at phenomenal rates.

    Sponsorships and esports fan profile

    There are various ways you can earn in the industry, but with the research of specialists that analyze the gaming and esports have reported sponsorships as the biggest moneymakers which account up to almost 40% of the esports’ total revenue.

    With the rise in popularity, the tournaments are now being sponsored by huge consumer brands such as Red Bull, Coke, Monster Energy, Mountain Dew, and even some electronic companies like Intel and Benq.

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    When a profile analysis was done for the esport fans, it was found that 75% of them were males and the remaining 25% were females, consisting of viewers from all age groups, the maximum belonging to the age group of 25-34, followed by those ageing 18-24.

    World of Warcraft esports

    Launched back in the year 2004, World of Warcraft has come a long way from being a bedroom fantasy world to become a worldwide phenomenon as the most popular massively multiplayer online game.

    It has maintained its spot as the top MMO game till present date with continuous improvements being introduced to maintain its spot.

    The foundation for esports was laid by Blizzard in 2007 when it announced the embracing of esports at the annual fan expo, BlizzCon as a three vs three arenas.

    This was the start in its journey of esports with the addition of many other events along the years. With the increasing popularity of esports over the years, WoW has stepped up on its competitive scenes, and the prize pools and fan support has also tremendously grown.

    The year 2010 saw the first attempt to raid experience by bringing out the #1 guild Paragon on stage to fight against the bosses of the past raids. It was at 2011 that we first saw a glimpse at the Race to World First where the guilds Blood Legion and Vodka has to go head-to-head on stage to finish the 25-man raid first. This was repeated in 2013.

    In 2017 and 2018, Blizzard bought the Mythic Dungeon Invitational (MDI) – the second pillar of World of Warcraft esports – to BlizzCon. In this event, the best teams from all over the world – Europe, China, Asia-Pacific, America – to the battle stage and become the MDI Champions.

    The on-stage teams had to fight through the same dungeon using any five-person composition as per their preference, with the same affix combination.

    The team that kills the last boss and achieves a 100 per cent clear competition percentage, and is awarded for killing a certain number of non-boss mobs in a dungeon will be crowned as the champion.

    Though MDI was not focused on the PvP side of esports, it still felt like a more natural fit for the World of Warcraft. By 2019, the name would be changed to Mythic Dungeon International heading to the new expansion of Battle of Azeroth.