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- EY highlights the Indian M&E sector continued its robust growth trajectory.
There are actually 500+ gaming startups operating within the nation, many exporting Indian talent and creativity globally. The report notes that five of the top 10 most-downloaded games in India are developed domestically. India is not just consuming world IPs; it’s creating them. The diversity in preferences from strategic RPGs to narrative-driven indie titles indicates a maturing player ecosystem ready for experimentation. Rewarded ads where players decide to look at advertisements in change for in-game benefits remain the most accepted advert format, with 70% of players reporting positive sentiment toward them.
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India’s esports market, presently valued at $40 million, is projected to reach $132 million by FY30, as model sponsorships, merchandise, and media rights fuel monetization. The esports section, in the meantime, is expected to grow at a 26% CAGR to $132 million by FY30, supported by sponsorship-led revenues and recognition of esports as a reliable sporting category under India’s Promotion and Regulation of Online Gaming Act, 2025. Despite the regulatory overhaul, the digital gaming market remains resilient, projected to grow at an 18% CAGR to achieve $4.three billion by FY30, the report highlights. EY highlights the Indian M&E sector continued its sturdy progress trajectory. The actual money gaming (RMG) sub-segment constitutes a substantial part of the web gaming ecosystem, comprising 82.8%5 of the market share in FY23, with greater than four hundred RMG start-ups6.
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