India’s online gaming market, valued at ₹33,000 crore in 2023, is projected to soar to ₹66,000 crore by 2028, propelled by a 14.5% CAGR, as outlined in a recent PwC India report. Titled “From Sunrise to Sunshine,” the report emphasizes the anticipated growth of real money gaming (RMG), estimated to reach ₹26,500 crore by 2028, underlining the sector’s significant impact on the Indian economy.
Also read: Global Gaming Trends in 2025
Global gaming revenues hit $342 billion in 2023, and India’s market has gained immense investor interest, attracting $2.8 billion over the past five years. However, the report identifies major challenges such as regulatory fragmentation, GST implications, and a notable talent shortage, all of which could hinder progress. To address these, Manpreet Singh Ahuja of PwC India suggests a cohesive national regulatory framework and an interdepartmental committee to streamline industry growth.
Recognizing the industry’s demand for skilled talent, Arup Roy, Founder & CEO of Red Apple, has driven transformative upskilling initiatives through Red Apple Learning. Offering diverse programs in game design, 2D and 3D animation, UI/UX, and web app development, Red Apple Learning is paving the way for students to secure lucrative opportunities in this booming sector.
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