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E-Sports Revolution: Battlegrounds and Epic Wins!

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Step into the vibrant world of esports, where pixels come alive, dreams are forged, and battles are fought in the digital realm. In recent years, the esports industry has taken the world by storm, and India is no exception. With the revival of the beloved Battlegrounds Mobile India (BGMI) game last week, the esports scene in the country is buzzing with excitement.

E-Sports Revolution – The Rise of E-sports in India

According to a report by KPMG, the Indian esports industry is projected to reach a staggering valuation of $1.1 billion by 2025.
Valorant, Dota 2, and League of Legends have been cited as the most popular PC gaming titles in these regions by the report
PUBG Mobile, League of Legends: Wild Rift, and Mobile Legends: Bang Bang take the podium for mobile esports titles.

BGMI’s Resurgence

A couple of weeks ago, BGMI (formerly known as PUBG Mobile) made a triumphant return to the Indian gaming scene.

With its immersive gameplay and exhilarating battles, and a touch of nostalgia, BGMI quickly became the talk of the town. In just a matter of days, the game skyrocketed to the top of the charts, breaking records and attracting millions of players.

Pop Culture Meets E-sports

As per the report by KPMG, India currently has more than 400 gaming companies and 420 million online gamers, second only to China.
From live streaming platforms like Twitch and YouTube Gaming, esports has become a cultural phenomenon.
Esports tournaments in India witnessed a staggering 3.3 billion hours of content consumed in 2022, demonstrating the massive engagement and viewership potential.
The influence of esports is even felt in movies and music, with references to games and esports culture embedded in various forms of media.
Celebrities like Drake, Post Malone, and Maisie Williams have publicly embraced their love for gaming, further solidifying the bond between eSports and popular culture.

The Business Side of E-sports

Here is the business side of E-sports revolution:

India’s esports industry made $22.3 million in revenue in 2022
By 2025, there would be around 85 million viewers of esports events.
The prize pools for esports tournaments in India have seen a tremendous increase, with some tournaments offering millions of dollars in cash rewards, attracting top-tier players from around the globe.

Embracing the Business Opportunities

As per industry experts, by 2023, the domestic gaming industry will add 10,000–12,000 direct and indirect jobs.
Challenges apart, the Indian gaming industry is moving northwards and is forecasted to cross USD 5 billion by 2025.
Registering growth rate of 38 per cent, online gaming is the next sunrise industry.
Esports organizations, content creators, and streamers are also thriving, as they become key influencers in the gaming community.

Shreya Gupta

Wordsmith @smallcasehq

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