Gaming Gadgets in India Trends and Forecast
The future of the gaming gadgets market in India looks promising, with opportunities in the residential and commercial markets. The global gaming gadgets market is expected to reach an estimated $127.6 billion by 2031, with a CAGR of 8.5% from 2025 to 2031. The gaming gadgets market in India is also forecasted to witness strong growth over the forecast period. The major drivers for this market are the growing popularity of e-sport tournaments and the increasing availability of Internet services.
• Lucintel forecasts that, within the gadget type category, PCs & laptops are expected to witness higher growth over the forecast period due to the growing demand for gaming headsets, mice, keyboards, and other peripherals to enhance the gaming experience.
• Within the end use industry category, residential will remain a larger segment due to the ease of connection with various display devices and the demand for customized components that reduce power consumption and optimize space.
Emerging Trends in the Gaming Gadgets Market in India
The Indian gaming gadgets market is developing rapidly with increasing numbers of younger, more technically savvy consumers who are showing a growing interest in disposable income. New trends are surfacing in this new gaming era, which will further alter the course of the industries future. Changes in technological innovations, shifts in consumer preferences, and changing gaming patterns, with respect to increasing mainstream acceptance, define the new game plan for gamers in India. Five trends explain how the new game in India is transforming.
• Growth of Mobile Gaming Accessories: Mobile gaming is rapidly growing in India as smartphones become the primary gaming platform. With the increasing popularity of mobile games, there is a rising demand for gaming accessories such as controllers, gaming pads, and mobile stands. These accessories enhance the gaming experience by improving control and performance. As mobile gaming continues to dominate, this trend is likely to expand further, leading manufacturers to innovate and create specialized products tailored to the growing needs of mobile gamers.
• Rise of Cloud Gaming: Cloud gaming is emerging as a prominent trend in India, allowing gamers to play high-quality games without needing powerful hardware. Cloud gaming platforms like Google Stadia, Nvidia GeForce Now, and Xbox Cloud Gaming have become increasingly popular as more gamers gain access to cloud streaming and large libraries of games. Improving internet infrastructure in India is sure to create more demand for cloud-compatible gaming devices like lightweight laptops and tablets. In this regard, the dependency on expensive gaming consoles is decreasing, while an affordable gaming experience is being provided.
• Growth of Esports Gaming Gear: Esports is gaining tremendous momentum in India, with competitive gaming becoming a mainstream activity. This growing popularity is creating a demand for specialized gaming gear, including high-performance gaming mice, keyboards, and headsets. Esports tournaments and professional gaming events are driving the need for precision equipment designed to enhance gameplay. The demand for such products will increase as more gamers engage in esports. This creates opportunities for companies to innovate and offer products that cater to the esports community.
• Focus on Eco-Friendly Gaming Gadgets: With environmental awareness growing in India, the demand for eco-friendly gaming gadgets will increase. Concerns about the environmental impact of purchases are now prompting manufacturers to use sustainable materials and energy-efficient technologies. Recent green gaming gadgets include energy-efficient controllers, biodegradable packaging, and recyclable materials, all of which have gained popularity. This mirrors the global shift toward sustainability, and more Indians are joining in by looking for products that have a responsible stance toward the environment.
• Rise of Virtual Reality (VR) and Augmented Reality (AR): Virtual Reality and Augmented Reality technologies are slowly becoming more accessible in India. These technologies provide new gaming experiences, and with VR headsets and AR-compatible devices, gaming is becoming increasingly immersive and interactive. Indian consumers are embracing these technologies for more engaging gaming. As the cost of VR/AR devices decreases and content availability increases, these technologies are expected to grow rapidly and offer new opportunities for Indian gamers and manufacturers alike.
The gaming gadgets market in India is changing rapidly with the emergence of mobile gaming accessories, cloud gaming, esports gear, eco-friendly products, and innovations in VR/AR. These trends indicate changes in consumer preferences, advancements in technology, and growing interest in sustainable gaming solutions. Manufacturers and businesses that embrace these emerging trends will be able to cater to the evolving needs of Indian gamers and, hence, enjoy growth and success in this highly competitive market.
Recent Developments in the Gaming Gadgets Market in India
The Indian gaming gadgets market has seen remarkable developments over the past few years, driven by advances in technology, shifting consumer behaviors, and increasing investments in the gaming sector. These recent developments have resulted in increased access to gaming products and enhanced the gaming experience for consumers. Five key recent developments in the Indian gaming gadgets market are described below:
• Introduction of High-Performance Mobile Gaming Accessories: The Indian mobile gaming market has witnessed an increase in demand for high-performance gaming accessories. Companies have launched controllers, mobile stands, cooling pads, and specialized gaming cases to enhance the mobile gaming experience. As mobile gaming becomes increasingly popular, these accessories are turning out to be a necessity for gamers seeking more immersive and responsive gameplay. This development is also opening new opportunities for accessory makers and establishing mobile gaming as a substantial player in the Indian gaming gadgets market.
• Advancements in Cloud Gaming Technology: Cloud gaming technology is revolutionizing the gaming culture in India. Now, users can play a massive library of games on demand via platforms like Google Stadia and Xbox Cloud Gaming without the costs of high-end hardware. Cloud gaming has made gaming more affordable and accessible to a larger audience in India. As internet speeds improve and 5G networks become more widespread, cloud gaming is expected to grow, providing opportunities for manufacturers to develop devices optimized for cloud-based gaming.
• Growth of Esports Ecosystem and Gear: Indian esports ecosystem is growing rapidly, with tournaments and professional gaming events attracting millions of viewers and participants. The increased demand for specialized gaming equipment, such as professional gaming keyboards, mice, headsets, and monitors, is a direct result of this growth. As Indians gain international recognition in esports competitions, the demand for high-quality gaming peripherals has picked up significantly. This has sparked innovation in gaming gear, with brands focusing on products tailored to competitive gamers.
• Focus on Sustainability with Gaming Gadgets: Companies in India are shifting their focus toward sustainability in the gaming gadgets market as environmental concerns grow. Manufacturers are producing eco-friendly gaming products using recyclable materials, energy-efficient components, and biodegradable packaging. Increasing demand for green products is driving innovations in gaming hardware, and companies are investing in sustainability initiatives. With Indian consumers becoming more eco-conscious, the gaming gadgets market will witness a major shift toward environmentally responsible products.
• Creation of VR/AR Gaming Experiences: Advancements in Virtual Reality (VR) and Augmented Reality (AR) are being witnessed in India as gaming gadgets are produced specifically to support immersive gaming experiences. VR headsets and motion controllers are becoming more affordable, and AR glasses are becoming widely available in the Indian market. These technologies have transformed the way games are played by offering more interactivity and engagement. As VR/AR gaming content grows, this development will propel innovation in the segment and fuel growth for gaming gadgets in India.
Recent trends in the Indian gaming gadgets market, such as the introduction of high-performance mobile accessories, advancements in cloud gaming, the rise of esports, increased focus on sustainability, and the growth of VR/AR gaming, are making gaming more accessible, immersive, and environmentally friendly for Indian consumers. Over time, these trends will evolve and shape the future direction of the gaming gadgets market, promoting emerging opportunities in Indian growing gaming sector.
Strategic Growth Opportunities for Gaming Gadgets Market in India
The gaming gadgets market in India is growing substantially due to the changing behavior of consumers, technological developments, and an increased gaming culture. As more consumers consider gaming one of their top entertainment options, new opportunities are emerging across various applications, from mobile gaming to esports. This provides fertile ground for innovation and expansion for businesses in the gaming sector. Below are five key growth opportunities across different applications that highlight the potential for market leaders to tap into India growing gaming gadgets industry.
• Mobile Gaming Accessories: Mobile gaming is the most dominant form of gaming in India, and the demand for mobile gaming accessories is growing exponentially. Consumers are increasingly investing in gaming controllers, stands, cooling pads, and headsets to enhance their gaming experience on smartphones. As mobile devices become more powerful, gaming accessories tailored for mobile platforms will continue to grow. The shift toward mobile gaming in India opens opportunities for businesses to design specialized, portable, and high-performance accessories catering to the gaming-on-the-go segment.
• Cloud Gaming Devices: Cloud gaming eliminates the need for high-end hardware, making it an appealing option for cost-conscious gamers in India. With the growth of cloud gaming platforms like Google Stadia, Nvidia GeForce Now, and Xbox Cloud Gaming, the need for lightweight devices such as tablets, laptops, and smart TVs optimized for seamless cloud gaming is also rising. As internet speeds improve, cloud gaming will continue to grow, providing an opportunity for manufacturers to develop products suited to this emerging trend.
• Esports Gaming Gear: Esports in India continues to grow, and the demand for gaming mice, keyboards, headsets, professional-grade monitors, and other high-performance gaming peripherals is increasing. The commercial popularity of esports tournaments and competitive gaming has led users to seek specialized equipment that provides accuracy and reliability. The growth of the eSports ecosystem offers manufacturers the chance to innovate gear that enhances performance for both professional and amateur players, creating a solid market niche.
• Eco-Friendly Gaming Gadgets: Environmental awareness is gaining momentum in India, with consumers becoming more conscious of the ecological impact of their purchases. This trend toward sustainability is creating a buzz, encouraging gaming gadget manufacturers to develop eco-friendly products. Recyclable materials, energy-efficient components, and biodegradable packaging are highly sought after in the market. Manufacturers in India can leverage this trend to create green-friendly products for environmentally conscious gamers, meeting global sustainability standards.
• Virtual Reality (VR) and Augmented Reality (AR) Gaming: Virtual Reality and Augmented Reality are gaining traction in India, offering gamers immersive experiences beyond traditional gaming. With the advent of affordable VR headsets and AR-compatible devices, the gaming landscape in India is evolving rapidly. As technology continues to improve and content availability increases, the demand for VR/AR gadgets will continue to rise. Companies can take advantage of these technologies to design innovative gaming devices for this growing trend, positioning themselves at the forefront of immersive gaming experiences in India.
The market for gaming gadgets in India is expected to grow significantly with increased demand for mobile gaming accessories, cloud gaming devices, esports gear, eco-friendly products, and VR/AR gaming gadgets. Each of these emerging opportunities reflects how the gaming landscape in India is changing due to technological advancements and shifting consumer preferences. Businesses that focus on these growth areas will gain competitive advantages and find opportunities for expansion as India continues to explore its gaming market.
Gaming Gadgets Market in India Driver and Challenges
The Indian market for gaming gadgets is influenced by several factors, including technological advancements, shifts in consumer preferences, and economic challenges. While these drivers provide significant growth opportunities, the market also faces challenges such as high production costs, supply chain issues, and regulatory constraints. Below, we explore five major drivers and three key challenges shaping the market.
The factors responsible for driving the gaming gadgets market in India include:
• Technological Advancements: Technological advancements are a main driver of growth in the gaming gadgets market. VR, AR, cloud gaming, and mobile gaming devices are in high demand due to the innovations in new and advanced gadgets. The improved performance, graphics, and interactivity from hardware advancements are what drive innovation in gaming gadgets. Indian manufacturers can leverage these advancements to create cutting-edge devices that meet the growing demands of tech-savvy gamers.
• Mobile Gaming Growth: The Indian mobile gaming industry has experienced rapid growth, with a majority of users choosing their smartphones as their primary gaming devices. The increased accessibility of affordable smartphones and the availability of mobile gaming apps and online multiplayer games have contributed to the popularity of mobile gaming. The demand for mobile gaming accessories such as controllers, cooling pads, and headsets is further boosted by this trend. As mobile gaming rises, there are huge opportunities for manufacturers to develop products for mobile gamers in India.
• Esports Boom: Esports in India have experienced rapid growth, with millions of viewers and participants in local and international tournaments. The boom in esports is fueling demand for quality gaming peripherals, such as professional-grade gaming mice, keyboards, and headsets. With more esports tournaments happening, the use of specialized equipment to support competitive gaming is growing accordingly. Due to its size, esports has become a major area for research and innovation, offering manufacturers an opportunity to produce gaming gear that supports both professional and amateur players.
• Improvement of Internet Infrastructure: The rapid expansion of internet connectivity in India, including 4G and soon 5G networks, is playing a crucial role in the gaming gadgets market. Faster internet offers better experiences in online multiplayer games, cloud gaming, and much faster download speeds. With cloud gaming platforms experiencing growth as internet infrastructure strengthens, the demand for cloud-compatible devices such as laptops, tablets, and smartphones increases. This is reshaping how games are played and expanding the availability of gaming devices across the nation.
• Increasing Affluence Among Young Buyers: India growing middle class and increasing disposable incomes, especially among the younger population, have led to rising demand for premium gaming gadgets. Younger consumers are more willing to invest in high-performance gaming accessories and devices, such as VR headsets, gaming laptops, and mobile gaming accessories. With more tech-savvy consumers with disposable income, manufacturers are targeting this segment by offering advanced gaming products. This demographic shift is a significant trend that is benefiting the growth of the gaming gadgets market in India.
Challenges in the gaming gadgets market in India are:
• High Production Costs: One of the biggest challenges in Indian gaming gadgets market is high production costs. Producing high-performance gaming gear, including VR headsets and professional-grade gaming peripherals, requires expensive components and materials. High production costs are often passed on to consumers, making gaming gadgets expensive and less accessible. Manufacturers need to find ways to optimize production processes, reduce costs, and make gaming gadgets more affordable to cater to a broader market.
• Supply Chain Disruptions: Global supply chain disruptions, especially during the pandemic, have affected the availability of gaming gadgets in India. Shortages of key components like semiconductors and microchips affect production and cause delays in distribution, leading to stockouts and unmet demand. Such disruptions can prevent manufacturers from delivering products on time, leading to customer dissatisfaction and lost sales. Companies in the gaming gadgets market need to adapt by diversifying their supplier networks and investing in inventory management to mitigate supply chain risks.
• Regulatory Challenges: Regulatory compliance is a challenge for manufacturers in the gaming gadgets market in India. The Indian government has implemented various regulations concerning product safety, environmental standards, and data privacy. Companies must ensure that their products comply with these regulations to avoid penalties and deliver safe products to consumers. Increasing demand for eco-friendly products also means that manufacturers must meet environmental regulations to stay competitive with the growing global movement toward sustainability. Regulatory compliance can be costly and time-consuming for manufacturers in India.
Technological advancements, growth in mobile gaming, the rise of esports, better internet infrastructure, and increasing consumer affluence are driving the Indian gaming gadgets market. However, the industry faces challenges such as high production costs, supply chain disruptions, and regulatory compliance. Overcoming these challenges while capitalizing on the key drivers will allow manufacturers to position themselves for success in the evolving Indian gaming market. By addressing these issues, companies can effectively tap into growing opportunities and achieve sustainable growth in this dynamic sector.
List of Gaming Gadgets Market in India Companies
Companies in the market compete based on product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies, gaming gadgets companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the gaming gadgets companies profiled in this report include:
• Company 1
• Company 2
• Company 3
• Company 4
• Company 5
• Company 6
• Company 7
• Company 8
• Company 9
• Company 10
Gaming Gadgets Market in India by Segment
The study includes a forecast for the gaming gadgets market in India by gadget type, product type, and end use industry.
Gaming Gadgets Market in India by Gadget Type [Analysis by Value from 2019 to 2031]:
• Console
• PCs & Laptops
Gaming Gadgets Market in India by Product Type [Analysis by Value from 2019 to 2031]:
• Handheld Consoles
• Home Consoles
Gaming Gadgets Market in India by End Use Industry [Analysis by Value from 2019 to 2031]:
• Residential
• Commercial
Features of the Gaming Gadgets Market in India
Market Size Estimates: Gaming gadgets in India market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends and forecasts by various segments.
Segmentation Analysis: Gaming gadgets in India market size by gadget type, product type, and end use industry in terms of value ($B).
Growth Opportunities: Analysis of growth opportunities in different gadget types, product types, and end use industries for the gaming gadgets in India.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the gaming gadgets in India.
Analysis of competitive intensity of the industry based on Porter Five Forces model.
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FAQ
Q.1 What are the major drivers influencing the growth of the gaming gadgets market in India?
Answer: The major drivers for this market are growing popularity of e-sport tournaments and the increasing internet services.
Q2. What are the major segments for gaming gadgets market in India?
Answer: The future of the gaming gadgets market in India looks promising with opportunities in the residential and commercial markets.
Q3. Which gaming gadgets market segment in India will be the largest in future?
Answer: Lucintel forecasts that PCs & laptops is expected to witness higher growth over the forecast period due to increasing growth of gaming headsets, mouse, keyboards, and other peripherals in order to improve their gaming experience.
Q4. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 10 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the gaming gadgets market in India by gadget type (console and PCs & laptops), product type (handheld consoles and home consoles), and end use industry (residential and commercial)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.4. What are the business risks and competitive threats in this market?
Q.5. What are the emerging trends in this market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the market?
Q.7. What are the new developments in the market? Which companies are leading these developments?
Q.8. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.9. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.10. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?