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Indian Gaming Market is Poised to Reach USD 3.9 Bn in Value by 2025: Report

A report prepared by IAMAI in collaboration with OnePlus and RedSeer has estimated that the Indian gaming market is poised to reach USD 3.9 bn in value by 2025. The report also highlighted that 40% of the hardcore gamers pay for their games with an average spend of INR 230 per month. The Covid-19 pandemic has accelerated the organic growth of digital games as mobile app downloads grew by 50% and user engagement went up by 20%, the study says. The increased gaming time has spurred the growth of hardcore gamers in India, even as casual games remain the most popular genre in India.

The report was launched today by Shri Jayesh Ranjan,  Principal Secretary of the Industries & Commerce (I&C) and Information Technology (IT), Department of the Telangana Government, Shri Saurabh Gaur, Joint Secretary Ministry of Electronics and Information Technology, in the presence of Mr Navnit Nakra, Vice President, Chief Strategy Officer and Head of India Sales, OnePlus India, and Mr Rajen Vagadia, Vice President and President, Qualcomm at a Roundtable discussion around E-Gaming hosted by IAMAI moderated by RedSeer, Associate Partner, Kanishka Mohan.

“We are at the cusp of a gaming revolution and the gaming ecosystem is working towards user-friendly smartphones and leveraging 5G technologies,” said Jayesh Ranjan, speaking at the roundtable.

While launching the report titled ‘Building up the e-gaming ecosystem of India and the influence of smartphones’, by OnePlus, the global technology brand in partnership with IAMAI and RedSeer, Mr Ranjan also talked about the growth potential of the gaming sector and the significance of user-friendly devices for the same.

“The gaming sector has underlined the significance of affordable Smartphones with capable hardware. I am happy that parallelly, work is going on to make phones more user-friendly for gaming by leveraging 5G technology, developments in AI/ML, and hardware manufacturing.”

Saurabh Gaur, added that: “The [global] gaming industry can be matched with electronics, and consoles could be manufactured in India.”  He also voiced support for creating games for the Indian audience, based on Indian culture.

Indian gaming has leap-frogged into the mobile gaming era due to the rapid increase in smartphone penetration in the country, with large console and PC games now being curated for mobile platforms. The sector is also attracting huge investment interest, with nearly USD 1 Bn being invested in the sector in the last 6 months.

India is currently home to over 430 Mn mobile gamers and the number of gamers is estimated to grow to 650 Mn by 2025. Currently, mobile gaming dominates the Indian gaming sector, contributing more than 90% to the USD 1.6 Bn gaming market and is expected to further grow to generate USD 3.9 Bn value by 2025, the report added.

Smartphones have become more affordable and pack strong hardware that is equipped to run games which may require medium to high Specifications. This has opened accessibility to more immersive gaming for the masses, with smartphone OEMs also increasingly focusing on incorporating dedicated gaming features on their newest devices and launching gaming-specific phones.

Speaking at the session, Mr Navnit Nakra, Vice President, Chief Strategy Officer and Head of India Sales, OnePlus India, said, “Over the past few years, the e-gaming industry in India has grown tremendously, driven by the rising avenues for digitization promoted by the flagship initiative of the government, the Digital India program and improved accessibility centered around innovation and affordability by OEMs. At OnePlus, our community has always been at the heart of everything we do and therefore, we have been leading the charge in introducing the most advanced features and have built partnerships with industry leaders to provide a seamless gaming experience on OnePlus smartphones. We are happy to have partnered with IAMAI and Redseer as the report has served as a unique avenue for the industry to gain actionable insights and come together to drive meaningful discourse and innovative ideas”.

Mr Rajen Vagadia, Vice President and President, Qualcomm, shared, “In the last 12 years, we had to update our GPUs (Graphics Processing Unit) over 700 times, that’s the demand coming in from the consumers.” He also underlined that certain efforts are being undertaken to nurture esports and ensure that it is seen as a field that can be taken up professionally as well.

October 6, 2021, India: HealthPlix Technologies, India’s most trusted AI-powered EMR software amongst doctors today, announced the release of its in-clinic analytics software – ROBIN for doctors. ROBIN is an analytical software that sits on HealthPlix flagship product EMR. As part of the first feature release from ROBIN, doctors can now access the all-new, one-click in-clinic Doctor Insights Dashboard that aims to give back the doctors’ information on what is happening in their clinic over time.

The Doctor Insights Dashboard feature release from ROBIN is a doctor-facing UI designed to easily track the critical aspects of their patient visits with predefined algorithms and quick links to visual charts. It acts as an ultimate assistant to doctors and plays a pivotal role in elevating and revolutionizing healthcare delivery.

The dashboard equips doctors with a view of:

  • Hawk eye view of patient demographics – Quick summary of gender ratio, age groups etc
  • Patient retention plans – Compare and analyse patient visit trends to retain and achieve in-clinic success
  • Actionable Intelligence on in-clinic growth – make informed decision on clinic upgrades by understanding source of business, patient persona’s, – Acute vs Chronic Patients etc
  • Derive insights around actual vs expected follow-up – Deep dive into patient visits information to understand emerging trends related to returning patients
  • Improve Health Outcomes – Automate patient engagement and outreach through in-built features to address crucial parts of diagnosis and deliver improved health outcomes– and much more.

“Our products are designed to solve the fundamental problems faced by an Indian doctor. It is one of the rare moments in the industry where a doctors’ opinion has led to the engineering of the all-new, one-click Doctor Insights Dashboard. It delivers a faster, smarter, and comprehensive way to achieve in-clinic success. The dashboard takes doctors practice to the next level and enables them to drive better health outcomes at the point of care. We are here to empower the doctor community and bring them one step closer to digitize healthcare practices” says Mr Sandeep Gudibanda – CEO and Co-Founder of HealthPlix Technologies.

Our analysis of 6000+ registered doctor feedback revealed that a single simplified view of patient facts leads to informed decisions as part of a doctor’s practice journey. With this in-house engineered feature, HealthPlix has given the power in the hands of a doctor who can deep dive to the most granular level. Doctors can open the Insights Dashboard within seconds in HealthPlix EMR and get to know everything about their in-clinic practice.

Commenting on the feature release, Chaitanya Raju, Chief of AI at HealthPlix Technologies said, “So far, health-tech innovation has not supported doctors in improving care and staying ahead of their competition. As the name suggests, in-clinic Doctor Insights Dashboard is a visual representation of patient metrics. Our vision is to win doctors confidence with tools that eliminate time-consuming tasks, deliver outstanding patient care, shorten wait times, and elevate the in-clinic experience.”

It is one of its kind insights dashboards developed by HealthPlix that helps doctors analyse the factors, trends, and correlations in medical practice. By default, the overall view pulls information together for all patients. Today, patient experience stands at the core of healthcare services. It is of utmost importance for doctors to provide personalized treatment by leveraging digital transformation. Digital tools help healthcare providers with an extensive view of patient health by increasing access to health data and giving patients greater control over their health.

HealthPlix has received funding from leading investors such as Lightspeed Venture Partners, JSW Ventures, Kalaari Capital and Chiratae Ventures, to name a few. In their latest round of funding, HealthPlix raised $13.5 million as part of Series B funding, which was led by Lightspeed Ventures and joined by existing investors.

ITN
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