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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 The first Lok Sabha election in India after the unprecedented COVID-19 health crisis of 2020 and 2021 will be held in 2024, which will provide a great opportunity to INDIA alliance not only one of the most important campaign issues to promise enough healthcare access to all, but also to showcase […]

The post INDIA Alliance Can Promise And Showcase Healthcare For All first appeared on Latest India news, analysis and reports on IPA Newspack.

New Total Solution Digital Tokenization Technology Platform Provides Exclusive Access to Institutional Quality Real Estate and Real World Assets (RWA)

PALO ALTO, CA, USA, September 18, 2023/EINPresswire.com/ — In a monumental move for the digital and real assets industry, Monolith Ventures LLC has forged a powerful strategic partnership with technology companies Tassets Inc. and BitOfTrade. Together, they are launching the Monolith Assets Marketplace, a revolutionary blockchain-powered technology platform set to redefine the way institutions, hedge funds, family offices, and sponsors engage to buy and sell assets.

Designed with the modern investor in mind, this state-of-the-art technology platform promises unmatched security, transparency, and efficiency. It is not just about buying and selling; it is about providing a diverse range of institutional investors and real asset holders a seamless experience that also opens doors to a private secondary market tailored specifically for their clientele. The platform will kick off this week as senior management will be attending and presenting at two major conferences, Digital Asset Week in Singapore and CREtechNewYork in New York City.

While other platforms incur challenges that involve multiple intermediaries, cumbersome paperwork, and delayed settlement times, Monolith Ventures, along with its partners, have developed a total solution platform that allows participants to engage in asset purchases and efficient trading with unprecedented ease and confidence in a cost-effective way.

“Today marks a significant milestone in the world of asset trading,” said Robert Rodriguez, CEO at Monolith Ventures. “Our new blockchain-powered Marketplace with digital tokenization abilities creates significantly more options for Real World Asset (RWA) investors and institutions. Our goal is to pioneer a seamless, secure environment where monetization of assets culminates in higher returns for investors.”

The Company said it is beginning with an exclusive array of selected worldwide real estate including hotel and resort properties and has an open invitation to portfolio managers and brokers of qualified investors to either list or procure assets on the platform through their easy to mange “on-boarding” process.

The CEO added, “We are proud to be at the forefront of this transformational venture that has the potential to revolutionize the global financial landscape. Our plan is to add additional asset classes to the platform for investment diversification in commodities such as energy, precious metals, cryptocurrencies, and soon privately owned businesses looking to raise start-up, early stage, and later stage capital through the sale of securitized tokens.”

Features of Monolith Marketplace:

1. Blockchain-Powered Security: The platform’s foundation is built upon blockchain technology, ensuring robust security along with unchangeable and tamper-resistant records. Each asset token represents a verifiable, legally compliant claim to the underlying asset.
2. GlobalAccessibility: The platform caters to a diverse pool of investors offering access to a wide array of digital assets from various geographical regions. This creates greater liquidity and diversification opportunities for investors of all sizes.
3. Smart Contract Automation: By harnessing smart contracts, Monolith’s Marketplace automates several aspects of the trading process, such as asset verification, settlement, and dividend distributions. This reduces administrative overhead and ensures faster and more efficient transactions.
4. Transparency and Traceability: All asset transactions are recorded on the blockchain, enabling real-time transparency and comprehensive audit trails. Participants can track the provenance and ownership history of each asset, building trust and accountability.
5. Enhanced Liquidity: With the removal of traditional barriers, such as illiquidity and high entry thresholds, the platform fosters increased liquidity in the market, attracting a broader pool of investors and improving market efficiency.

Partnership with Industry Experts:

To achieve this groundbreaking initiative, Monolith has partnered with two leading companies in the field of tokenized securities, blockchain technologies, and digital payment systems:

• Tassets Inc.: Provides institutional-grade asset tokenization technology through its Tokenized Asset Lifecycle Management platform (TALM) for the issuance, management, exchange, and transfer of compliant tradable security tokens.

• BitOfTrade: Offers a unique decentralized trading platform for tokens and cryptocurrencies and also features its new AllPay payment system, enabling the use of cryptocurrencies and stable coins for purchases of goods and services with the added ease and security of blockchain technology.

• Bold Capital Group, LLC acted as Advisors to the strategic partners.

For more information on listing assets on Monolith’s digital asset trading platform and to explore investment opportunities, please visit www.Monolith-Ventures.com or contact John Roberts at [email protected].

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About Monolith Ventures:
Monolith Ventures is a forward-thinking technology platform committed to driving innovation through blockchain solutions. With a team of worldwide experts and a vision to transform the financial industry, the company aims to lead the way in revolutionizing how digital assets are bought and sold, creating a more accessible and efficient marketplace for all stakeholders. For more information, please visit www.monolith-ventures.com.

About Tassets:
Based in Silicon Valley, Tassets develops and deploys a white label, customized and branded asset tokenization solution and platform leveraging Blockchain and AI technologies. The company has created Asset Tokenization as a Service (ATaaS) to streamline the entire tokenized asset distribution lifecycle by disintermediating, integrating, and powering the process. By using Tassets’ ATaaS solutions, institutions can reduce costs, digitize their assets, and make them more accessible to a diverse spectrum of investors. For more information, please visit www.tassets.com.

About BitOfTrade:
BitOftrade is a cutting-edge, all-in-one technology platform that caters to users from diverse digital spheres. It offers a decentralized AllPay Widget, a solution that enables effortless wallet linking, cryptocurrency payments, token trading, and NFT purchases directly within any hosting website. Additionally, BitOftrade offers a robust decentralized trading platform with advanced features, including high DeFi liquidity swaps, leverage trades, cross chain messaging and fiat- to-crypto transactions. With its universal interface, BitOftrade empowers users to engage seamlessly in various digital activities, making it a versatile and innovative platform for the crypto community. For more information, please visit www.bitoftrade.com.

Doug Coupe
BOLD Capital Group
email us here

By Nantoo Banerjee The United States Trade Representative, Ms. Katherine Chi Tai, may not be fully aware that most of the high-tech mass market electronics gadgets such as laptops, tablets and personal computers under global US brands exported to India are not manufactured in the US. They are built in China by US multinational corporations […]

The post Foreign Tech Firms Find India An Attractive Manufacturing Destination first appeared on Latest India news, analysis and reports on IPA Newspack.

The DMK government’s flagship Rs 1,000 monthly financial assistance scheme for women was rolled out in Kancheepuram on Friday on the birth anniversary of Dravidian icon, the late CN Annadurai, with chief minister MK Stalin saying it meets the twin objectives of recognising women’s hard work and eliminating poverty. Stalin launched the ‘Kalaignar Magalir Urimai […]

The post Stalin launches Rs 1,000 monthly aid for women first appeared on Latest India news, analysis and reports on IPA Newspack.