Saudi

SHARJAH, 11th October, 2023 (WAM) – The 42nd instalment of the Sharjah International Book Fair (SIBF

By K Raveendran Curiously, the Hamas attack and the Israeli reprisal coincide with the 5oth anniversary of the first oil crisis, which plunged the world into an oil shock of unprecedented proportions, causing energy prices to skyrocket and leading to fuel shortages, particularly in the United States. And by all indications, the results of the […]

The post Hamas-Israeli Conflict Coincides With 50th Anniversary Of 1973 Oil Shock first appeared on Latest India news, analysis and reports on IPA Newspack.

By James M Dorsey Islamic Law is at the centre of debates about what constitutes moderate Islam and what it would take to reform Islam. Essentially, two schools of thought dominate the discussion. Islam’s traditional approach simply picks and chooses which elements of Sharia it opts to ignore. That is the approach adopted by autocratic […]

The post A Tunisian Party Evolves From Islamism To Muslim Democracy first appeared on Latest India news, analysis and reports on IPA Newspack.

RIYADH, 1st October, 2023 (WAM) — The House of Wisdom (HoW) in Sharjah signed a cooperation agreeme

DUBAI, 1st October, 2023 (WAM) — Under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid

SHARJAH, 28th September, 2023 (WAM) — The 15th annual edition of the Etisalat Award for Arabic Chil

DUBAI, 27th September, 2023 (WAM) – Dr. Anwar Gargash, Diplomatic Adviser to the UAE President, said

By Sushil Kutty The alliance between the Bharatiya Janata Party and the All India Anna Dravida Munnetra Kazhagam is over, “khaalaas” as it is said in the Gulf countries — in UAE, Oman, Bahrain, Qatar, Saudi Arabia… After weeks and months of being taken down by the state unit of the BJP and with the […]

The post AIADMK Has Finally Ditched BJP Dashing Its “Southern Conquest” Hopes first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna Prime Minister Narendra Modi is really hopeful about the India-Middle East-Europe Economic Corridor (IMEC), which he introduced at the G20 summit in New Delhi recently. However, some people think that not all countries in this project see it as something against China’s Belt and Road Initiative. Building a smooth transportation route connecting […]

The post The Proposed India-Middle East-Europe Economic Corridor Is Yet A Concept first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran The planned expansion of the BRICS bloc, through the addition of new members Saudi Arabia, Iran, United Arab Emirates (UAE), Egypt, Ethiopia and Argentina, will transform the grouping into a global leader in renewable energy in the coming decades. The six new members will join the BRICS group of Brazil, Russia, India, […]

The post BRICS Expansion Creates A Global Super Power In Renewable Energy first appeared on Latest India news, analysis and reports on IPA Newspack.

Latest In-Depth Market Report Projects 641 million gamers by 2027

SILICON VALLEY, CA, USA, September 20, 2023/EINPresswire.com/ — Niko Partners, the world’s leading market research firm covering video games and esports in Asia, the Middle East, and North Africa, today announced that India is the fastest growing gamer market in Asia, with more than 641 million people projected to be playing video games on a regular basis by 2027. This data is just a small part of the newly released 79-page 2023 Niko Partners India Games Market report, that includes Niko’s proprietary market model and 5-year forecast through 2027, along with qualitative and quantitative analysis on gamer demand, behavior and usage for mobile, PC, console games.

Insights from the research show that total gamers in India are forecasted to surge a remarkable 343% between 2017 and 2027, significantly higher than China’s 21% projected growth in the same time period. 71.8% of gamers in India also engage with esports in some capacity and 43% of total gamers are women. In addition to mentioning fast-growing international companies in India such as Krafton, Garena, and Riot Games, other notable domestic game companies are mentioned such as Gametion, Nazara and Loco.

“As the fastest growing video games market in Asia by both revenue and total gamers, it is important for gaming and esports companies to understand the opportunities and challenges of the India market,” said Lisa Hanson, CEO of Niko Partners. “India has significant room and momentum to grow, with more people having access to the internet and more people willing to play games as well as spend money on them. One key factor in revenue generation is localizing your game for the market.”

Key takeaways from the India Games Market Report include:

• Niko Partners projects India video games revenue across all platforms forecast to reach $868 million in 2023, up 21.2% YoY.
India’s video game market is forecast to reach $1.6 billion in 2027, growing at a 5-year CAGR of 17.2%.

• The number of gamers in India across all platforms is forecast to reach 444 million in 2023, up 12.1% YoY.
The number of gamers across all platforms in India is forecast to reach 641.2 million in 2027, growing at a 5-year CAGR of 10.1%.

• India is a mobile first market with 96.8% of total gamers playing on a smartphones or tablets.

• 31% of the 444.4 million gamers will spend on video games in 2023, with annual ARPPU reaching $6.38

• The return of BGMI and Free Fire are positive signs for the industry and foreign game companies looking to enter the market.

The India Games Market report has 79 slides and includes a comprehensive market model and 5-year forecast through 2027 by games segment, growth drivers, key genres, and trends. The report provides details on esports, livestreaming, localization, payments, financial transaction events, and regulations. It also offers recommendations for companies looking to tap into the fastest growing video games market in Asia. Contact us for more information on our methodology for our ongoing market intelligence services and reports.

For more information, please visit  https://nikopartners.com/india-games-market-report/

ABOUT NIKO PARTNERS

Niko Partners is the world’s leading market research firm covering video games and esports in Asia, the Middle East, and North Africa. Leveraging unmatched local expertise with a global perspective, Niko Partners delivers the most in-depth market intelligence on the world’s fastest-growing regions. With our deeper understanding of these markets, game developers, publishers, investors, and suppliers can make smarter business decisions with the utmost confidence. Our detailed reports, subscription insights, and custom consulting services dig into the details of nuanced, complex markets, empowering firms with a stake in the video game and esports ecosystems to make the right moves for their organizations. Coverage areas include East Asia (Japan, S. Korea, Chinese Taipei), China, Southeast Asia (Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam), India, and MENA (Saudi Arabia, UAE, and Egypt in North Africa). The company is based in Silicon Valley, with offices in Shanghai, Bangkok, Jakarta, and London. Learn more at www.nikopartners.com

Lisa Hanson
Niko Partners, Inc.
+1 415-269-7303
email us here

NEW YORK, 19th September, 2023 (WAM) – H. H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Forei

By James M Dorsey Debates about the US commitment to Gulf security are skewed by confusion, miscommunication, and contradictory policies. The skewing has fuelled uncertainty about US policy as well as Gulf attitudes in an evolving multi-polar world and fuelled misconceptions and misunderstandings. The confusion is all the more disconcerting given that the fundamentals of […]

The post Confusion And Uncertainty Shape Debate About United States’ Gulf Policy first appeared on Latest India news, analysis and reports on IPA Newspack.

SHARJAH, 14th September, 2023 (WAM) — H.H. Sheikh Sultan bin Ahmed Al Qasimi, Deputy Ruler of Sharj

SHARJAH, 14th September, 2023 (WAM) — The Department of Government Relations (DGR) in Sharjah broug

By K Raveendran The proposed India, Middle East, Europe economic corridor is expected to go a long way to increase the political clout of Middle East countries, particularly the Gulf countries, which the West has hitherto been looking at mainly as a market for arms as well as the security might of US and allies, […]

The post Modi-Biden’s Economic Corridor Boosts Political Clout Of Middle East Countries first appeared on Latest India news, analysis and reports on IPA Newspack.

DUBAI, 12th September, 2023 (WAM) — Abdullah bin Sultan bin Awad Al Nuaimi, Minister of Justice and