How has the gaming industry evolved in India?
Gaming as an industry has seen major uptake in the recent past. With increased internet penetration and easy access to technology, more and more people are engaging in online gaming. The Indian esports market is expected to grow at 46% CAGR to grow over fourfold from ₹2.5 billion in 2021 to ₹11 billion by 2025. The popularity of esports is demonstrated by the number of fans, which stood at 532 million in 2022 globally. What is more interesting to see is that gaming is no more just a mere hobby. It is being considered a viable career option and gaming enthusiasts are increasing their investments in relevant hardware to enhance their gaming experience.
Another space where the gaming industry is evolving is the quality of gaming. With newer technologies, game developers have a chance to enhance the overall gaming experience and make their games movie-like visual delights with improved sound effects. However, this means that their file sizes are also growing significantly. And in the case of AAA games, which of course have the highest fidelity, it can run into 100s of GBs.
With the maturing infrastructure that supports the gaming industry and recent government initiatives, we see this becoming a very strong industry going forward. And, as a leading storage company, Western Digital will continue to innovate and offer solutions for the evolving needs of gamers and further enhance their gaming experience.