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By FY2030, IAPs are expected to triple, overtaking advert revenues as the first monetization stream. The report underscores that digital gaming revenues grew by 15% year-on-year in FY2025, regardless of regulatory headwinds. Driving this surge are India’s 835 million web customers the second largest digital inhabitants in the world and a median age of 29 years, giving India one of the youthful gamer bases globally. The sector is projected to increase at an 18% CAGR, outpacing the broader leisure ecosystem, to achieve USD 4.three billion by FY2030.
According to the report, the next wave of gaming growth shall be anchored around three structural shifts are AI-led creation, vernacular inclusion, and social gaming identity. India’s digital gaming industry is valued at USD 2.four billion in FY2025, accounting for almost one-fourth of the USD 9.3 billion interactive leisure market. Post-pandemic, social and informal gaming witnessed explosive adoption as users sought digital socialization, with titles like Ludo King crossing one hundred million downloads and global hits such as BGMI and Free Hearth driving monetization.
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