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Regular-article-logo Friday, 22 November 2024

Skill-based online games to grow over 3.5 times by 2025

Online gaming has seen a rise in the number of players across the globe

ABP Digital Brand Studio Team Published 29.01.20, 01:43 PM
It is expected that online gaming portals will maintain this pace and by 2025 the industry’s gross revenue, which is currently estimated to be around Rs 2,000 crore, will be approximately Rs. 7,000 crore.

It is expected that online gaming portals will maintain this pace and by 2025 the industry’s gross revenue, which is currently estimated to be around Rs 2,000 crore, will be approximately Rs. 7,000 crore. Junglee Rummy team

Online gaming is immensely popular today and online games have witnessed a steep rise in the number of players across the globe. A sizable segment of the overall gaming community consists of players who engage in real money gaming online. Since real money gaming involves real cash, one of the metrics used by industry experts to analyze the success or failure of the industry is revenue.

Even though online transactions are susceptible to frauds (there have been more than enough cases to prove this), the data about online gaming portals shows the number of real money players is increasing day by day. The gross gaming revenue of portals that provide skill games such as `online rummy` has been increasing at a steady rate of 30% to 35% annually. It is expected that online gaming portals will maintain this pace and by 2025 the industry’s gross revenue, which is currently estimated to be around Rs 2,000 crore, will be approximately Rs. 7,000 crore.

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The numbers are staggering, and one is bound to ask how such enormous revenue growth is possible. The answer lies in the fact that in recent times smartphones and high speed internet connections have become very affordable. In India, it is easy for people to play rummy online because they can afford smartphones that support online gaming sites and internet data packs are also cheap in the country. This availability and affordability of technology has fueled the skill-gaming industry.

Another factor that has contributed to the steady rise in revenues of gaming platforms is increase in the number of active monthly gamers. At present, the number of monthly active gamers is estimated to be around 25 million. With such a huge base of players who are willing to play rummy online or engage in online `rummy card games` for real money, clocking the projected revenue is not difficult.

In India, almost everyone has grown up playing rummy with their family and friends. While childhood games are for fun, people can now play rummy online to win cash prizes. Thus, they can spend their time productively while enjoying rummy gaming. Online rummy is perfectly legal to play in India for both cash and free as it’s a skill game.

Disclaimer: This article has been produced by the Brand Studio team in partnership with the Junglee Rummy team.

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