Introduction:
The gaming industry in India is experiencing rapid growth and offers promising prospects for individuals to pursue gaming as a viable career choice. In this blog, we dive into the size of the gaming industry in India, it's potential for further expansion, and the various opportunities it presents.
The Rise of Gaming:
Gaming has transformed from being seen as just a hobby to a legitimate career option. With the success of games like Ludo King, which generated $20 million in a year and boasts 50 million daily players, the gaming industry is poised to surpass music, movies, and TV shows. With the rise in gamers and game developers, new startups like Gamebee Studio and ChuchuGames Studio are emerging
India's Gaming Industry Potential:
The gaming industry is three times larger than the film industry globally, but India only receives 1% of the revenue from this $198 billion market.The Indian government is taking the gaming industry seriously, aiming to create around 1.6 lakh jobs in the AVCG sector through the implementation of a National AVCG policy and skill development initiatives.
Future of apps:
The future of apps lies in games, as they have the ability to captivate and engage users, surpassing the popularity of traditional apps and presenting opportunities for growth and innovation and with the emergence of new platforms like VR and AR presenting opportunities for businesses and individuals to capitalize on. Games in India, like Genshin Impact, have the potential to generate significant revenue and attract venture capital, which is crucial for the growth of the industry.
The Surge of Mobile Usage:
In India, mobile phones are crucial because the majority of the population relies on them for work, banking, and running businesses, due to the lack of access to laptops or PCs.
Mobile phones now have powerful graphics cards that can render lifelike 3D objects, allowing for mobile games to look better than from a few years ago.
The increase in game downloads and play can be attributed to the affordability and accessibility of unlimited internet data plans provided by Jio.
Flourishing Careers and Opportunities:
More games are being created due to the popularity of free engines like Unreal and Unity, leading to new developers in India joining companies or starting their own studios, coinciding with the startup boom, and producing enjoyable games for both PC and mobile.
Here are some career options you can explore in the gaming industry:
Game Developer/Programmer: Game developers create the code and technical aspects of games like gameplay mechanics, AI, graphics, physics, and more. Specializations include gameplay programmer, AI programmer, graphics programmer, AR/VR developer etc.
Game Designer: Game designers come up with game concepts, mechanics, levels, and overall gameplay experience. They work on creating engaging and enjoyable player experiences.
Game Artist: Game artists create the visual elements of games. This includes character design, environment art, 3D modeling, concept art, animation, and more.
Game Animator: Game animators focus on creating movement and character actions within the game.
Game Tester/QA Tester: Game testers play games to find bugs, glitches, and other issues. Their feedback is crucial for improving the game's quality before release.
Game Producer/Project Manager: Producers manage the development process, coordinating teams, timelines, budgets, and ensuring the game's progress aligns with the vision.
Story Writer: Story writers create the storylines, dialogues, and narratives for games and contribute to the game's plot, characters, and immersive experiences.
Level Designer: Level designers create the layout, challenges, and flow of game levels. They ensure that players have a balanced and engaging experience.
Sound Designer: Sound designers create the audio elements of games, including music, sound effects, voice acting, and atmospheric sounds.
Game Marketing/PR: Professionals in this field handle promoting and marketing games to the target audience, creating buzz around releases, and managing public relations.
Game Monetization Specialist: These specialists work on strategies to monetize games through in-app purchases, advertisements, and other revenue streams.
Esports Manager/Coordinator: With the growth of esports, roles in event coordination, team management, and esports marketing are becoming prominent.
Challenges:
As someone involved in or aspiring to be a part of the Indian gaming industry, it is essential to understand the implications of the government's decision on taxation.
The Indian gaming industry is divided into two categories: games without money transactions and fantasy/real money games that involve entry fees and the motivation to win money in return wherein players can improve their abilities through practice and experience in certain games, emphasizing the importance of skill in determining the outcome.
More than 70% of the revenue in the Indian gaming industry comes from fantasy and real money games. In contrast, The Indian government has imposed a 28% GST on online gaming, impacting the revenue of real money gaming and fantasy sports companies which is negatively impacting the Indian gaming industry, leading to reduced player engagement, job losses, and a decline in tax collection.
It's worth noting that 28% GST on online gaming in India does not affect traditional non-real money games like CandyCrush, Pokemon GO, Genshin Impact, etc, but it may make it difficult for RMG and fantasy sports companies to earn as much money as before.
Conclusion:
The future of the gaming industry in India is bright, with expanding opportunities and the potential to make a logical career choice in the 21st century. As the industry continues to grow and expected to reach over $8.5 billion by 2027, individuals can pursue their passion for gaming, capitalize on emerging technologies, and contribute to the thriving gaming ecosystem.
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