New Delhi, June 17 -- : The online gaming segment in India is projected to grow at a CAGR of 21 per cent over FY21-FY25 to reach a size of Rs 29,000 crore, according to a study released on Thursday by KPMG in India.
In FY21, it was estimated at Rs 13,600 crore. Of the total size, online casual gaming sub-segment is the most significant one and stands at Rs 6,000 crore accounting for 44 per cent of the total online gaming revenues.
In terms of users, the online casual gaming sub-segment at 42 crore gamers accounted for 97 per cent of total gamers last year and is expected to maintain this share by FY25 going ahead, said the study.
However, the segment is significantly under indexed on monetisation with lower average revenue per user (ARPU...