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Gaming Renaissance HP Study Reveals Surging Careers and Changing Attitudes in India's Esports Industry - Business Byte

Business Bytes

Business Bytes · 55y ago

Gaming Renaissance HP Study Reveals Surging Careers and Changing Attitudes in India's Esports Industry - Business Byte

A recent study by HP has revealed a growing esports industry in India, providing gamers with diverse career opportunities and significantly increasing their earnings. The study also revealed a positive shift in parental attitudes towards gaming, with 42% expressing approval of it as a legitimate hobby. However, concerns about career stability and social isolation remain, highlighting the need for ongoing discussions around these issues. The study also highlighted the decentralization of gaming from metros to non-metro cities, with an increasing number of serious gamers across the country, including women challenging traditional gender norms.

Related News

HP leans on gaming to expand India sales

Economic Times

Economic Times · 1y ago

HP leans on gaming to expand India sales

HP is focusing on gaming as a major revenue driver, with gaming segment sales currently accounting for 22-25% of its overall consumer business. The company aims to further strengthen this category after launching a new range of AI-enabled gaming laptops. Gaming is the fastest growing segment for PC sales, with a growth rate of over 200% in the last two years. HP holds a 32% market share in the gaming category, followed by ASUS at 24% and Dell at 19%. The company believes that gamers are willing to invest in high-performance PCs for better output and supports emerging esports players through affordability programs.

Over 45% of serious gamers in India earn above Rs 6 lakh a year

Economic Times

Economic Times · 1y ago

Over 45% of serious gamers in India earn above Rs 6 lakh a year

The esports industry in India is experiencing significant growth, with 45% of serious gamers earning between Rs 6 lakh and 12 lakh per annum, according to a report by PC and printer manufacturer HP. The report also highlights the increasing popularity of gaming as a career choice, with sponsorships and esports tournaments providing income opportunities. Non-metro cities have witnessed a surge in serious gamers, and gaming is inclusive, with 58% of women being identified as serious gamers. However, awareness of gaming courses in India remains low, with most gamers relying on YouTube and peers for skill enhancement.

How NODWIN Gaming Has Become Nazara Tech’s Biggest Revenue Contributor In 6 Years

Inc42 · 1y ago

How NODWIN Gaming Has Become Nazara Tech’s Biggest Revenue Contributor In 6 Years

NODWIN Gaming, the pioneer of esports in India, has experienced significant growth since its acquisition by Nazara Technologies. With an 80% market share in India's esports industry, NODWIN generated INR 427 Cr in revenue in FY24. The company aims to expand globally and increase its office locations from 22 to 40-50. NODWIN's strategy focuses on integrating gaming and youth culture through various channels like events, influencers, live streams, and tournaments. NODWIN is optimistic about the future of esports and expects FY25 to be even stronger.

Brutal honesty can also be good at work

Livemint

Livemint · 22d ago

Brutal honesty can also be good at work

Akshat Rathee, co-founder of NODWIN Gaming, recalls a pivotal moment in 2012 when a poorly organized gaming festival in Noida inspired him to improve India's gaming ecosystem. He and his friends organized a mini-tournament, which became a proof of concept. In 2014, Rathee and co-founder Gautam Virk officially launched NODWIN Gaming to support esports in India, leveraging Rathee's lifelong passion for gaming to address infrastructure challenges and nurture the industry’s growth.

Gaming industry to grow to Rs 25,300 crore by end of 2024-25: report

Economic Times

Economic Times · 1y ago

Gaming industry to grow to Rs 25,300 crore by end of 2024-25: report

According to a study by Grant Thornton Bharat and E-Gaming Federation, the gaming industry in India is projected to grow 20% year-on-year to reach Rs 25,300 crore by the end of the financial year. The study also reveals that India now has 442 million online gamers, surpassing China. The industry has attracted $2.8 billion in investments over the past five years. The report highlights the need for a code of conduct in the industry to address cyber threats, regulatory uncertainties, and financial risks, and to promote ethical standards and player protection measures.

India's Gaming Industry Tops Bollywood, Cricket in Revenue: Lumikai's Salone Sehgal

OutlookIndia

OutlookIndia · 1m ago

India's Gaming Industry Tops Bollywood, Cricket in Revenue: Lumikai's Salone Sehgal

India's gaming industry has reached $3.8 billion in revenue, surpassing both Bollywood and cricket. It is one of the fastest-growing sectors, with a compound annual growth rate of 20% and is projected to hit $9.2 billion by FY29. Gaming in India has transformed from a pastime to an industry creating jobs, esports, and professional athletes. The country is now the second-largest mobile gaming market globally, with significant data consumption by users.

Online games use dark designs to collect players' data, finds study

Economic Times

Economic Times · 1y ago

Online games use dark designs to collect players' data, finds study

A study by Aalto University reveals concerns about privacy among gamers, with games using dark design tactics to collect player data. Participants expressed a willingness to protect their privacy by avoiding voice chat unless necessary. The study identified instances of games manipulating users into revealing their online identities and integrating their social media accounts for data collection. Players are often unaware of data sharing during the game, highlighting the need for increased transparency and player control over data collection in gaming.

65% of Indians used AI, more than double the global average: Microsoft study

YourStory

YourStory · 5m ago

65% of Indians used AI, more than double the global average: Microsoft study

A Microsoft study reveals that 65% of Indians have used artificial intelligence, more than double the global average of 31%. The study, conducted among 15,000 teens and adults across 15 countries, highlights India's enthusiasm for AI in translations, work efficiency, and education. Millennials lead AI adoption, while Indian parents show increased awareness of digital challenges. Despite enthusiasm, concerns about online abuse, deepfakes, scams, and AI hallucinations persist, especially regarding youth exposure.

Indian gaming market revenue may double to $6 billion by 2028: report

Economic Times

Economic Times · 1y ago

Indian gaming market revenue may double to $6 billion by 2028: report

India's mobile gaming market is experiencing rapid growth, with the annual revenue of the gaming industry set to double to $6 billion by 2028. The number of paying gamers is projected to reach 240 million by 2028, and the industry is comprised of over 1,400 gaming companies. The government's recognition of esports and state-led initiatives to develop talent are driving the growth of professional players in the country. Game downloads in India have surged from 5.65 billion in 2019 to 9.5 billion in 2023. Mobile gaming dominates the Indian market, accounting for 90% of revenue. The industry is expected to create 2.5 lakh new jobs in the next decade.

EV race hits a speed bump: Why India’s auto makers are struggling to shift gears

Economic Times

Economic Times · 27d ago

EV race hits a speed bump: Why India’s auto makers are struggling to shift gears

A study by Vector Consulting Group reveals major hurdles in India's electric vehicle (EV) advancement, primarily due to insufficient R&D capacity among auto component suppliers. This has led to significant project delays for automakers. The study highlights that traditional manufacturers face bottlenecks because of outdated systems, while new EV startups often overpromise and rely on software fixes. The report suggests that automakers should forge partnerships with suppliers, utilizing joint teams and live data tools to ensure faster and improved processes.

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