HomeNewsBusinessMost millenial gamers prefer Rs 500 price point; keep a new game for 6 months: Report

Most millenial gamers prefer Rs 500 price point; keep a new game for 6 months: Report

The gaming industry is expected to reach new heights with more than 300million gamers by 2021 engaged in mobile games and fantasy sports. This means exciting growth opportunities for youth as new career avenues open up for game streamers, professional e-sports players and game developers

November 15, 2018 / 18:19 IST
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Xbox One Wireless Controller with Bluetooth | Sale Price: Rs 4,100 | The controller in its new all-white avatar has dropped 24 percent from its listed price of Rs 5,390. (Image: Amazon)
Xbox One Wireless Controller with Bluetooth | Sale Price: Rs 4,100 | The controller in its new all-white avatar has dropped 24 percent from its listed price of Rs 5,390. (Image: Amazon)

Tasmayee Laha Roy Moneycontrol News

Over 50 percent of gamers in India are under 24 years, and are increasing their spend on the latest games in anvil, said a report by digital entertainment firm JetSynthesys.

The gaming community in India consists of about 200 million users, which will increase to 300 million gamers by 2021.

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JetSynthesys undertook a study of over 1,100 millennials across metros and Tier 1 cities to understand gaming preferences across mobile, console, PC and other new forms of gaming like virtual reality (VR) and augmented reality (AR).

The ‘Millenials Gaming Habit’ report says that young gamers are also beginning to spend money on games. The most preferred price point for Indian gamers is less Rs 500. Around 15 percent of gamers spend anywhere between Rs 1000 and Rs 3000 on games, and six percent spend anywhere between Rs 3000 and Rs 10,000.