By Matein Khalid Congress has averted a government shutdown in October but the political circus will resume in mid November. The risk of a US and thus global recession has never been higher, this time the wolf is here. Why? One, every major US recession since 1974 has been preceded by a sharp rise in oil prices. Brent crude was $70 in early June and is near […]
By James M Dorsey A Saudi-Israeli agreement to establish diplomatic relations involving enhanced US commitments to Gulf security could be a game-changer for great power rivalry in the Middle East. To be sure, US President Joe Biden and Israeli Prime Minister Binyamin Netanyahu face formidable obstacles in paying the price tag Saudi Arabia puts on […]
The post Saudi-Israeli Deal Would Be A Gamechanger, But Not For Discussed Reasons first appeared on Latest India news, analysis and reports on IPA Newspack.
International tourists are less likely to consider exploring unfamiliar tourist destinations, opting to travel to locations that they are more familiar with, according to an international YouGov survey. The YouGov survey of over 17,500 people, commissioned by the Saudi Tourism Authority and published ahead of this year’s World Tourism Day in Riyadh, was carried out in 15 countries across Asia, Africa, America, Europe and the Middle East. […]
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.
![undp and mbrf partner with coursera39817[1]](https://thearabianpost.com/wp-content/uploads/2023/09/undp-and-mbrf-partner-with-coursera398171-e1695719539823-151x118.jpg)
Arabian Post Staff The United Nations Development Programme (UNDP) and the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) teamed up with the online learning platform, Coursera, to launch the FutureSkills4All initiative — a transformative programme aimed to provide scholarships for upskilling and reskilling citizens across the Arab States region to enhance their employability in jobs of the future that will drive economic growth in the region. […]
Matein Khalid Lord Rothschild’s advice to “buy when there is blood on the street” is perfectly apt in the bombed out carnage of US office REITs, where stocks have fallen on a quantum scale more than the value of the underlying brick and mortar. Vacancy rates have spiked in the post pandemic, remote/hybrid work zeitgeist of 2023, the Fed’s draconian monetary tightening has gutted valuations and the […]
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.
AJEX Logistics Services, the Saudi-headquartered Middle East specialist in express distribution and shipping solutions, announced its expansion into the United States market. This strategic move represents a significant milestone in the company’s global initiative to foster connectivity between Saudi Arabia and the world. AJEX’s presence in the U.S will serve as a pivotal element in providing seamless logistics solutions for E-Commerce brands, industrial connectivity, and global trade […]
Brent crude’s meteoric 35% rise from $70 in early June to $95 as successive Saudi Arabian/Russian output cuts and a 3MBD supply deficit in the wet barrel market, have rewritten the monetary equations of global finance. This is a brutal tax on the global consumer that slams growth and boosts inflation at a time when China’s property crisis threatens a Japan style lost decade deflation, Europe’s industrial […]
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
By K Raveendran The pace at which the India-Canada diplomatic row is deteriorating, manifesting in tit for tat diplomatic expulsions, suggests that Khalistan activist Hardeep Singh Nijjar’s killing may be an action replay of the murder of Washington Post journalist Jamal Khashoggi, a Saudi-born critic of the Saudi royal family, particularly crown prince Mohammed bin […]
The post Nijjar Murder Has Similarities With Assassination Of Saudi Journo Khashoggi first appeared on Latest India news, analysis and reports on IPA Newspack.
In this article, OctaFX experts describe three events investors and traders should be aware of. Learn more about the ongoing food crisis, the state of the European economy in case of energy shortages, and the impact of OPEC decisions on oil prices. KUALA LUMPUR, MALAYSIA – Media OutReach – 18 September 2023 – With the global economy weakening, you may wonder what will impact capital markets in […]
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.
