Esports industry growth benefits serious gamers with increased earnings, diverse career options: HP India study

The growth of the Esports industry is benefiting the Indian gamers’ community with diverse career opportunities and increased earnings. The earnings from gaming are growing in India as compared to 2022, with nearly half of serious gamers respondents claiming to earn – between ₹6 lakh and ₹12 lakh per annum in 2023, according to HP India Gaming Landscape Study 2023.

  • Also read: Asia-Pacific region hosts majority of Web3 game developers: Report

The study covering 3,000 gamers across 15 Indian cities, highlighted that along with fun and relaxation, gamers are now drawn to gaming for earning money and recognition. Sponsorships and Esports tournaments have emerged significant income sources, showcasing the growing importance of the gaming community. 

Vickram Bedi, Senior Director, Personal Systems, HP India market, said, “It is encouraging to see the Esports industry growing and providing diverse career opportunities to gamers. We believe that Indian youth has the potential to not only make it big at global esports arena but also to tap on entrepreneurial opportunities in the industry. We, at HP, are introducing initiatives like HP Gaming Garage to help them grow and inspire the budding gamers.”

Career options

The gaming industry in India is also helping gamers try their hands at various career options. Apart from being a gamer, the respondents indicated having eyes on being an influencer or Esports management in the future, said the report. 

  • Also read: Industry bodies, firms welcome Madras HC order to set aside Tamil Nadu ban on online rummy, poker

The study reveals a positive shift in parent’s perspective towards gaming, with 42 per cent of the respondents approving of gaming as a hobby. About 40 per cent of parents participating in the study admitted that their perception of gaming has turned positive in the last few years, mainly due to the growth of the industry.

However, concerns about the stability of a gaming career and the potential for social isolation persist among parents. The study shows parents have inadequate information — about gaming prospects in India, as 49 per cent of them depend on friends and family for information.

Gaming is not restricted to metros now. The study shows a strong surge in serious gamers in non-metro cities. Gaming is also not limited to a specific demographic, as 75 per cent of GenZ and 67 per cent of Millennials are serious gamers. About 58 per cent of women respondents are identified as serious gamers, underlining the inclusive nature of gaming.

  • Related Posts

    Australia defeats Scotland by five wickets in T20 World Cup

    Australia defeated Scotland by five wickets after Travis Head (68) and Marcus Stoinis (59) hit vital fifties in their Group B match of the T20 World Cup here. Chasing 181,…

    T20 World Cup: Sri Lanka defeats Netherlands by 83 runs

    Sri Lanka signed off from the T20 World Cup with an 83-run victory over the Netherlands in their inconsequential last group stage match of the T20 World Cup here. Kusal…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Bisakah Anda bermain slot online di perangkat seluler?

    • By admin
    • June 18, 2024
    • 3 views

    In Nepal, Buddha’s birthplace Lumbini throngs with tourists again after Covid pandemic hiatus | Travel

    • By admin
    • June 18, 2024
    • 2 views
    In Nepal, Buddha’s birthplace Lumbini throngs with tourists again after Covid pandemic hiatus | Travel

    Street Fighter Movie Loses Directors

    • By admin
    • June 18, 2024
    • 1 views
    Street Fighter Movie Loses Directors

    Upcoming Jeep Midsize SUV to Use Citroen’s C-cubed Platform in India, Launching Soon

    • By admin
    • June 18, 2024
    • 2 views
    Upcoming Jeep Midsize SUV to Use Citroen’s C-cubed Platform in India, Launching Soon

    Boeing CEO Dave Calhoun heads to Senate hearing over safety

    • By admin
    • June 18, 2024
    • 2 views
    Boeing CEO Dave Calhoun heads to Senate hearing over safety

    Ripple CEO Brad Garlinghouse Advocates for Crypto-Friendly Candidates in 2024 Elections

    • By admin
    • June 18, 2024
    • 2 views
    Ripple CEO Brad Garlinghouse Advocates for Crypto-Friendly Candidates in 2024 Elections