Top 3 Reasons to Launch iGaming Brands in India 1. Large and Growing Market - 657 million users by 2025 (up from 360 million in 2020) - Expected market annual revenue of $6 billion by 2028 2. Rising Internet and Smartphone Use - Over 600 million internet users (2023) - 820 million smartphone users by 2025 3. Favorable Demographics - 65% of the population under 35 - Increasing disposable income for entertainment What else do you need! #iGaming
Good point! What about video slots category?
India's market potential for iGaming is phenomenal! The combination of a large user base and rising smartphone adoption makes it a hotspot for growth.
India market is booming!
what else you need? 1) strategy 2) experienced team (support, marketing, finance, legal, tech) 3) deep pockets - regarding the fact that IN market is huge, it's competitive AH (name any non-competitive market haha). You need quite a coin to get into the market and build a name for your brand, doing multichannel marketing, sponsorship, charity, influencers, affiliation, mediabuying etc. and this is to start with
This is some really compelling data! It's exciting to think about the opportunities for iGaming brands in India.
Business Development Manager @Betbazar
5moLaunching iGaming brands in India makes perfect sense! 🌟 With a massive market set to hit 657 million users by 2025 and annual revenue projected at $6 billion by 2028, the growth potential is huge. 📈 Add to that the skyrocketing internet and smartphone usage and a young, tech-savvy population with increasing disposable income, and you’ve got a recipe for success. 💡 India’s iGaming scene is definitely the place to be!