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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 Dr. Gyan Pathak On the current pace of reforms, the world may take between 197 to 430 years to close the global gender gap, which means misallocation of women’s talents and abilities would remain a major issue to the detriment of societies for a long time. The estimate is based on stationarity of the […]

The post At Current Pace World To Take 197 To 430 Years To Close Gender Gap first appeared on Latest India news, analysis and reports on IPA Newspack.

Element Orlando Universal Blvd., a 165-key Marriott International hotel, provides guests immediate access to 20-acre Icon Park and is adjacent to Universal Studio’s 750-acre Epic Universe opening in 2025.

Element Orlando Universal Blvd. a modern, environmentally conscious hotel appeals to active travelers with a comfortable lobby and rooms featuring fully equipped kitchens in spacious studios and suites.

Crescent Real Estate’s acquisition of the Element Orlando Universal Blvd. marks latest addition to Crescent’s expanding premium select-service hotel portfolio.

FORT WORTH, TEXAS, UNITED STATES, September 14, 2023/EINPresswire.com/ — Through its investment vehicle – GP Invitation Fund III, LP – Crescent Real Estate LLC (Crescent) acquired the Element Orlando Universal Blvd., a 165-key hotel operated under a franchise agreement with Marriott International. Located just outside the confines of the mixed-use development known as Icon Park, Element Orlando hotel guests have immediate access to 20 acres of entertainment opportunities.

Comprised of more than 40 restaurants and retail outlets, Icon Park is an open-air complex that is strategically located along Orlando’s International Drive. The 11-mile thoroughfare plays host to Orlando’s primary attractions and is home to some of the world’s top theme parks, the nation’s leading convention center, and the 270-acre Lockheed Martin regional headquarters.

Additionally, on a site adjacent to the Element Orlando hotel, Universal Studio’s 750-acre development known as “Epic Universe” will have a resounding impact on the local economy upon its completion in 2025. While the new theme park will include three separate hotel offerings, the Element Orlando hotel will hold a prominent value proposition in comparison to the room rates commanded inside Epic Universe.

Perfectly suited for this location, Element by Westin, is a modern and environmentally conscious hotel brand designed for today’s healthy, active traveler, catering to both short and longer stays. Rooms feature fully equipped kitchens in spacious studios and suites, spa-inspired bathrooms, and signature Heavenly Beds which provide all guests with serene and comfortable stays. Given its recent delivery to the market, the Element Orlando hotel is one of the newest select service hotels in the surrounding submarket.

As the market fundamentals of Orlando continue to strengthen, the second-largest hospitality market in the country looks to enjoy the tailwinds of the strong tourism industry alongside the reemergence of international travel. The city has been the number one travel destination for close to a decade and has made a quick recovery from the COVID era that hindered the tourism sector. Orlando’s economy extends beyond the tourism industry, with the professional and business services sector employing approximately 251,000 jobs. The area is home to headquarters of more than 60 major domestic companies and hosts operations for over 150 international companies. The Element Orlando Universal Blvd’s superior quality and location is poised to benefit from the continued strong demographic trends in Orlando.

Jason Anderson, Co-CEO of Crescent stated, “Crescent is extremely pleased to announce the addition of the Element Orlando to our growing upscale select-service hotel portfolio. Building a portfolio of exceptional select-service hotels is one of Crescent’s core hospitality strategies and we can think of no better way than to expand our Element ownership following our recent acquisition of the Element Basalt-Aspen.”

“Element Hotels stand out in the select-service space in terms of its high-quality, contemporary design, and we look forward to capitalizing on an asset with minimal capital requirements in such a flourishing area,” Anderson said. “Our prime location along International Drive provides our guests with unparalleled access to the world’s top theme parks, leading convention center, and is directly adjacent to the renowned mixed-use retail and entertainment district known as Icon Park.”

Crescent has engaged HEI Hotels & Resorts, a nationally recognized hotel management firm with extensive experience managing hotels of all categories throughout the United States.

 
ABOUT CRESCENT
Crescent Real Estate LLC (Crescent) is a real estate operating company and investment advisor, founded by Chairman John C. Goff, with assets under management, development, and investment capacity of more than $10 billion. Through the GP Invitation Funds, Crescent acquires, develops, and operates all real estate asset classes alongside institutional investors and high net worth clients. Crescent’s premier real estate portfolio consists of Class A and creative office, multifamily, hospitality, and senior living assets located throughout the U.S., including The Ritz-Carlton, Dallas, and the wellness lifestyle leader, Canyon Ranch^®. For more information, visit www.crescent.com.

ABOUT HEI
HEI Hotels & Resorts, headquartered in Norwalk, Conn., is a leading hospitality investment and management company that owns or operates 100+ luxury, upper-upscale and upscale independent and branded hotels, and resorts throughout the United States. HEI’s branding partners include Marriott, Hilton, Hyatt, IHG, Choice and Wyndham. The company is renowned for its commitment to its associates under the culture of HEI Loves, its revenue management, profit contribution and empirically based real estate value creation, driven by a full complement of proprietary software tools to set and exceed targets on a fully integrated basis. HEI works hand-in-hand with institutional capital partners on existing assets under management as well as sponsored acquisition opportunities. The company has ample equity capital and strategically co-invests with its partners on many transactions. To learn more about HEI, please visit www.heihotels.com.

Dennis Winkler
Crescent Real Estate LLC
email us here

TotoGaming banner with Watchers’ chat

TotoGaming becomes the first company in Armenia to integrate innovative community engagement tools by partnering with Watchers.

LONDON, UK, September 13, 2023/EINPresswire.com/ — Watchers SaaS, experts in community-building technologies, is thrilled to announce its partnership with TotoGaming, one of the Armenian leading gaming companies. This venture infuses TotoGaming’s platform with Watchers’ robust public community chat feature, setting new standards in digital user experience.

Yana Barden, CEO of Watchers: “Our collaboration with TotoGaming is a testament to the transformative power of community-building tools. By offering users a platform to connect, discuss, and engage, we are reshaping how they experience digital gaming and help partners boost their metrics.”

This move positions TotoGaming as a trailblazer in the Armenian betting market, echoing the global trends set by international brands like SkyBet, DraftKings, and «Liga Stavok».

Watchers tools are designed for efficiency and are fully customized, so they ensure a seamless user journey. After authorization, all users can quickly dive into dynamic chats. Personalizing profiles with nicknames and avatars, users express themselves via text, emojis, and stickers. Watchers’ chats allow reactions, responses, animated emojis, and essential moderation tools for users to get a friendly and healthy environment.

Harutyun Vardanyan, CEO of TotoGaming, commented, “Integrating Watchers’ community chats isn’t just an addition to our platform; it’s a monumental upgrade. Innovation has always been one of the foundations of our company, it’s in TotoGaming’s DNA to seek out new ideas and find creative solutions.”

This feature is live across TotoGaming’s platforms, including Android and iOS apps and the website.

About Watchers
‘Watchers’ provides community-building tools for content platforms: text chats, audio streams, engagement widgets, an AI bot, and advanced moderation. Watchers solution is suitable for any platform with users and topics to discuss: VOD, betting, trading, educational, etc.

Watchers had been selected for HYPE GVA Sports Innovation global accelerator (2022) and as a promising AI start-up for Aim High Accelerator program by AWS.

Website: www.watchers.io

Yana Barden
Watchers
[email protected]
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By K R Sudhaman Finance Minister Nirmala Sitharaman has reeled-out statistics on what the Indian economy would be in 2047. The projections she gave at the Global Fintech festival in Mumbai recently are quite interesting. She quoted a SBI research to say that India’s per capita income is to increase 7.5 times from Rs two […]

The post Can India Emerge As The Second Largest Economy Of The World In 2047? first appeared on Latest India news, analysis and reports on IPA Newspack.

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DALLAS, TEXAS, USA, September 6, 2023/EINPresswire.com/ — Not much is certain these days but death, taxes … and the final score of an American pro football game. But after the day or night’s unalterable results, pro football handicappers are left to simply lick their wounds, or count their winnings and move on to next week’s schedule. In doing so, it’s without a second look back at tracking the past week’s results, and failure to analyze or use valuable analytical information.

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ABOUT:
PA$$ is a 100% free revolutionary platform using a proprietary, proven formula to quickly record, track, and provide an immediate analysis of each Member’s personal analytical data for every American pro football “BET” or Pick made through the site throughout the entire 2023 season. PA$$ is a new American pro football go-to website for all things related to personal wagering analytics, sports statistics, and always free pro football pools. Experience it all for free now.
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Brad Morse
Pass-Sports.net
+1 214-878-2390
[email protected]
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