Niko Partners: India games market exceeds $1bn, forecast to reach $1.2bn by end of 2026

India's gaming market surpassed the $1 billion revenue milestone in 2025, growing 14.8% year-over-year to $1.04 billion, according to Niko Partners. The market is forecasted to reach nearly $1.2 billion by the end of 2026 and could potentially expand to $1.77 billion by 2030, with a five-year compound annual growth rate (CAGR) of 11.2%.

The increase in revenue and engagement is primarily driven by higher spending on mobile games, fueled by improved digital adoption and rising disposable incomes in certain segments. Female gamers now account for nearly half of all players, up from 43% in 2023. The gaming landscape in India is becoming more diverse, with audiences exploring a wider range of genres across platforms, such as PC and console.

Non-battle royale mobile games have captured a larger share of market revenue, rising from 53.2% in June 2023 to 62.8% in June 2026. The market sentiment toward generative AI among Indian players is shifting, with players becoming more cautious about its usage, primarily due to economic concerns, particularly regarding AI's potential impact on employment.

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