Indian games market grew by 16% in 2012, new report finds

Wednesday, 17 April 2013 09:51 GMT By Dave Cook

India’s games market enjoyed 16% growth in 2012, according to the Indian Media and Entertainment Industry Report 2013.

MCV reports that console games were expected to be the country’s biggest hitter with a 28% rise, but actually only rose by 8% for the year, due to what the report called an overall sluggishness in the economy impacting both unit sales and attach ratios’.

The document also expects the Indian games industry to swell by a further 22% and generate Rs 42 billion – or $776m – by 2017. It expects a change in attitude among gamers in the region, as it expects console sales to dip further over the next five years as tablet and mobile gaming continue to rise.

Are you from India, do you feel that tablet and mobile gaming is gaining ground on the console market? If so, we’d love to hear from you below.