Though still in a nascent stage, the online gaming industry in India is expected to grow to $1 billion by 2021 from the current $360 million - a growth rate of 20% - with the online gamers community reaching 310 million by 2021, a Google-KPMG report said on Wednesday.
There has been a 117% spike in searches for online games by Indians, offering huge potential for developers, said the report titled "Online Gaming in India: 2021".
The report is based on a primary qualitative and quantitative research executed by global market research firm IMRB that covered over 3,000 respondents across 16 geographies.
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