As the global games market continues its growth to a projected estimate of $ 86.1 billion in 2017.
The game development companies in India are worth $200 million. Of it, around $70 million are real money gaming and the remaining $130 million is casual gaming, which prove that the Indian game industry is growing.
Gaming itself is seen as a mainstream source of entertainment for the families.
The Indian Mobile revolution gives plenty of scopes for game development companies who are creating evolution in the past few years.
Games making is now became challenging in terms of graphics, presentation, and realism due to the fact that modern gaming devices have high accessibility or features.
A brief insight into game report:-
In 2016, a report was published by India Gaming expert Agency, shows how the game development companies helping in making the economy for the entertainment field.
The research and analysis were conducted by game expert Dr.Meister, who research for 17 years particularly in game development and the report deals with the following points-
1-Gaming Revenue by state Wise
2-Non-Gaming revenue by state Wise
4-Different class comparison.
5-state by state market summary.
All the data related to these points shows the convenient progress in the game development industry.
What we need to develop a game:-
As creating these masterpiece work need a highly dedicated team of artist, software developer, Tester, writer, Designer working with cutting-edge technology and tools.
The game development process leads the high production costs because of high expectation, which is the major concern for game development companies in India.
As game development life cycle includes several stages like
1-Pre-planning or pre-production
Top games played in India:-
As Indian is top among other countries who play teen Patti, solitaire and rummy game.
These are the top 5 most popular games in India in 2017
2-Clash Of Clans
3-Temple Run 2
5-Candy Crush Saga
For Increasing the popularity of the game , is also because of the social media platform.Social media platform like Facebook helped pitch the gaming frenzy a notch(creating excitement) higher with increasing users taking to these games to break away from the hectic life and make them stress-free.
What research says about the game development:-
Research states that the game development companies in India increases in huge number due to the biggest market of the game in India.
In 2016, India joined the world leader in term of game development company. Globally, India is among five top countries who are computing in game development as well as game downloading.
This statistic helps the game development companies to develop the effective game to make people feel engaged in playing the game.
Statistic related to game development:-
There is few statistic which reveals how game development companies in India are developing day by day.
In 2007, the value of game development companies was about 4 billion Indian rupees then it became 7 billion rupees.
In 2009-value of game development companies was about 8 billion Indian rupees.
In 2010-It was about 10 billion Indian rupees,from then it's increasing and the current value of Game development companies is about 44.2 billion Indian rupees.
This proves how game development companies in India successfully making the revenue with a huge profit.
According to the report by SimilarWeb, within a week, India ranked fourth in downloading the game from the file hosting website APKMirror.
Once Ankit Rawal, VP-Revenue at GreedyGame said-
The Pokémon Go phenomenon has been able to disrupt the gaming industry to a large extent,.
That means peoples are always enthusiastic towards the new technology,they acquire it in a very mean time.
Challenges for the game Development companies:-
However, there are few challenges for the game development companies in India and the biggest challenge is monetization which needs to be addressed.
According to experts, funding, and monetization process are the two biggest challenges for the game development companies in India.
Rabindranath Tagore once said:
You can’t cross the sea merely by standing and staring at the water.
That means you can not survive in the industry without the competition,you need to take the risk and at the same time need to improve yourself.
Expert says that game development companies in India need lots of funding to compete with the International game development companies.
The dearth(lack) of funding, quality of products coming out of studios ,get affected. The large production of casual gaming and their replicas(model of the game) speaks volume about the quality of game production in the country. Games which fail to capture the imagination of people can’t hold users for long.
Why Indian Game Development companies Outsourcing their developers:-
Game development companies need high costing which is now pushing developers to outsource key components of their development work to the other countries where there is a highly skilled workforce but relatively low costs as compared to the International game development market. Apart from lower cost, another benefit of game development companies doing outsourcing is to access larger talent pool. since game development companies require a large number of developers only during the key production phase and cannot afford to keep them for the entire development cycle of the game.
How game development companies can make money:-
There are four ways by which game development companies can make money:—
3-incentive advertising and
In-app purchases are purchases made from within a mobile application. In-app ads are displayed on a mobile app, such as banners at the top or bottom of Angry Birds, Pokemon, Poker.
Incentive advertising is when a user has to engage with an advertisement to receive something of value.
The subscription business model is a business model where a customer must pay a subscription price to have access to the product/service.
Why we need Game development companies:-
Did you know that the largest percentage of people who play videos game and computer game are older than 20 years?This makes the game development companies to develop a skilled game, which leads or motivate the game development companies and ensure that it is the one of the largest Industry than any other industries in terms of gross revenue(GDP) or in terms of profit-making industry.
Government action toward empowerment of game Industry:-
Government and other private agencies are also taking part in the enhancement of game development companies in India to create employment as well as helping Indian economy to make India the Strongest country.
The Government’s new policies of ‘Make in India’, ‘Skill India’ and ‘Startup India’ are forward-looking and these multiple initiatives can catalyze further development of game development companies in India.
This blog is listed under Digital Media & Games Community