How is India’s 1.6 Trillion Entertainment Industry Evolving in 2020

How is India's 1.6 Trillion Entertainment Industry Evolving in 2020

The huge entertainment industry in India has been evolving dramatically in recent years, as new technology and changing tastes have given us new ways of enjoying our leisure time. What are the most noticeable changes and what can we expect to happen in the next year or so?     

The Mobile Streaming Trends in India for 2020

How is India's 1.6 Trillion Entertainment Industry Evolving in 2020-1Mobile streaming has become a way of life for many people all over the planet, with Indians showing great interest in this way of getting hold of varied types of entertainment wherever they go. The huge number of people streaming in 2020 makes it one of the most financially successful industries in the country at the moment.

This term covers a wide range of different concepts and types of streaming experience, with gaming near the top of the list. For example, the Mobile Premier League platform recently raised $90 million in a new round of financing, with the likes of Pegasus Tech Ventures and Sequoia India getting involved.

What Are the Top Games for Mobile Streaming?

The Mobile Premier League platform will feature gaming tournaments and currently has about 50 games on the app at the time of writing, as well as fantasy sports. Among the games they have introduced are Rogue Heist, World Cricket Championship, and Pool.

A wide variety of different games can be seen in the list of the most downloaded mobile titles from the Google Play Store in India. These include everything from Call of Duty to Pokémon GO and from FIFA Soccer to Gardenscape, showing that this sector caters for all different tastes and personalities.

Streaming technology has also allowed other sectors of the entertainment industry to progress, with online casinos among them. A good example of a popular online casino in India is Genesis, which has a live dealer casino featuring games such as roulette,  poker, and blackjack, as well as a large selection of online slots.

Among the rest of the most popular mobile games in India are the likes of Coin Master, Candy Crush Soda Saga, and Clash Royale. Free Fire was developed by 111 Dots Studio and released in 2019 by Garena, becoming the most downloaded game of that year in India as well as globally.

The value of the mobile gaming market here is expected to shoot up to over $US 400 million in the next couple of years. At the start of 2020, it was calculated that more than 500 million Indians have smartphones and that more than three-quarters of them are online, so as the audience increases we can expect more home-grown games to appear on the scene.

What Comes Next?

As new games appear and more Indians go online to play using with their smartphones, we can expect this vibrant market to keep on growing even further. The fact that more Indian ventures are expected to create new games and platforms will help to fuel with growth, with the possibility that Twitch’s number one spot is eventually taken by a site created in India.