Can India’s eSports Industry Compare with the Chinese? - Noida

Thursday, 4 June 2020

Item details

City: Noida, Uttar Pradesh
Offer type: Sell
Price: Rs 90

Contacts

Contact name NimoTV

Item description

India is becoming a major eSports market in Asia. This domain has been growing fast since 2017 and several companies have cropped up to fill up the rapidly rising demand. If you know something about this nascent market, you may know that it has virtually limitless potential. Thanks to the advent of economical smartphones and 4G+ connections speeds, people can play from anywhere. PubGM on NimoTV and others is proof of India’s growing interest in eSports. But does it stand comparison with China? Here are 3 factors to consider:

3 Factors for India’s eSports Industry to Compete Against China

1Government Support

China has a formidable Sports infrastructure on-ground already. It generates an approximates revenue of $1400 million per annum. In comparison, India’s eSports market is barely off the starting line. Despite that, the surge in popularity of eSports has given the industry a massive boost. At present, India’s revenue estimates from this arena lie around $800 million. However, the growth of online streaming platforms like NimoTV implies more revenue is coming soon.

2Popularity

Esports are incredibly popular in China already. As the revenue suggests, there are a host of professional teams from different parts of the country. Aside from the actual players, there is also a massive clout of enthusiasts who get involved in eSports events. In comparison, India’s eSports events have yet to make a big mark on the local industry. While casual player numbers are always growing, a widespread recognition is still pending. Some companies like Nazara Technologies have begun investing sums up to $20 million to grow the market. Along side, major online gaming dedicated streaming platforms like NimoTV are giving gamers a chance to grow their audience.

3International Tie-Ups

One of the biggest drawbacks for India’s eSports market is the lack of international attention. China already has a great degree of international attention for its events. However, this factor is slowly but steadily catching up in India especially through streaming platforms like NimoTV. International eSports events, as well as business giants like Alibaba and domestic brands like MTV, have begun investing in the Indian eSports market.