Esports and Gaming in India have been on the rise for the last five years because of affordable data providers, the spread of reliable 4G connection, and the supply of budget smartphones with great functionalities and the latest technology. The young generation has adapted to different sorts of entertainment, including desktop and mobile gaming. India’s gaming and esports industry is estimated to be worth more than 1 billion dollars as of 2022.
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The competitiveness, skillset, and room for improvement drive the esports industry to engage exceptionally well with the consumers compared to other standard forms of entertainment like movies or comics. Even a casual gamer is interested in watching and participating in several esports broadcasts similar to other famous sports in the country, like cricket.
With new users getting involved in the esports community at a fast pace, the introduction of newer technologies and better opportunities has the potential to increase revenue and viewer engagement for the industry by a significant margin.
Esports Broadcasts
Although there’s always been a small gaming community in the country by virtue of games like CS: GO, Overwatch, and Dota, recent titles like PUBG and Valorant have entirely changed the face of the gaming and esports industry in the country. These free-to-play games quickly attracted millions of gamers in the country and created a lot of room for opportunities. The competitiveness of these games attracted several organizations to create teams and compete at the biggest esports stages.
Events like PMCO and VCC had immense success, and the broadcasts had one of the highest viewership and participation from the gaming community. Thousands of people watching their favourite esports players and streamers compete against the best in the world proved that the Indian market has a lot of potential, and it’s just the beginning.
Sponsorships and Monetization
Similar to other sports events like IPL or ISL, the rise of viewer participation and engagement in the esports industry has encouraged some of the biggest brands in the country to sponsor famous esports tournaments. This includes popular computer hardware brands like AMD, intel, and LG and other platforms like Amazon and a lot more.
With many big names jumping into the industry to promote their products to the viewers, the prize pool of these tournaments has extensively increased from a few thousand rupees to thousands and lakhs of dollars in a couple of years. This has encouraged casual gamers to take esports seriously and pursue it as a primary career.
Platforms like Twitch and Youtube gaming have provided individually skilled esports players or other casual gamers with several monetization options to generate passive income in the form of subscriptions, memberships, and donations. This allows you to showcase your competitive skills and attract a lot of brands and esports organizations to work with you.
The industry is not limited to gamers; it creates thousands of jobs for people with experience in graphic design, animation, data management, commentary, and much more.
The recent development has also increased the demand for dedicated hardware with the latest technologies, like monitors with higher refresh rates, mechanical keyboards, or even gaming mobiles with improved display and hardware specifications.
Final Words
Esports is a relatively new business that’s growing rapidly in India. It has evolved entirely over a concise period of time. With the introduction of new technologies, there’s been a huge positive impact on how we engage in esports. We hope the industry will continue to evolve as new technologies emerge, create opportunities for more people, and help improve the entertainment sector and economy.
You can download the Oggangs app from Google Play or App Store to play Esports Tournaments for CS: GO, Free Fire MAX, Call of Duty, Valorant & win exciting rewards!
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