In the vibrant tapestry of India's entertainment landscape, a new star is rising: esports. With a meteoric surge in popularity, fueled by a burgeoning youth population and technological advancements, India's esports industry is undergoing a remarkable transformation.
In this interview with Rajeev Singh, Managing Director of BenQ India & South Asia, we delve into the dynamic realm of Indian esports, exploring its rapid growth, formidable challenges, and promising opportunities on the global stage. From the evolution of infrastructure to the integration of traditional sports, the conversation unveils the multifaceted journey of India's esports revolution.
The Rapid Growth of Esports
The esports industry in India is experiencing an unprecedented surge, driven by a burgeoning demand and significant potential for further expansion. The industry has seen a four-fold increase in esports players, from 150,000 in 2021 to 600,000 in 2022, with expectations to reach 1.5 million by 2027. The market is anticipated to grow from $40 million in 2022 to $140 million by 2027, with an estimated compound annual growth rate (CAGR) of 32%.
Globally, the esports market is valued around $4.3 billion, with India's contribution currently at a modest 2.5%. This indicates a substantial growth potential for India's esports market. Supported by a robust GDP and a significant share of the younger population, India is poised to become a significant player on the global stage, attracting investment and attention from international stakeholders.
RAJEEV SINGH, Managing Director, BenQ India & South Asia
As the most trusted and popular esports brand among professional FPS players, Zowie, a brand by BenQ, is committed to elevating the Indian esports arena to globally competitive levels, focusing on delivering superior experiences to players.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
ONEPLUS Nord CE4 Lite 5G
In the fast-changing smartphone market, OnePlus is known for quality and performance.
OPPO Reno 12 Pro 5G
The OPPO Reno 12 Pro 5G continues the series’ tradition of innovation and style. Priced at ₹36,999 for the 12GB + 256GB model and ₹40,999 for 12GB + 512GB, it offers a sleek design, strong performance, and advanced AI features.
double-edged sword in AI: A the cybersecurity landscape
Al is revolutionizing cybersecurity, offering advanced tools to defend against threats while also being exploited by attackers. Experts at CyberHoax discussed the benefits and risks of Al, emphasizing the need for ethical Use, human oversight, and robust security to stay ahead in an evolving landscape
Large multimodal modelsAnother step towards AGI
Large Multimodal Models LMMs) represent the next leap in Al, combining text, images, and audio into a single system that understands the world more like humans do. This advancement moves us closer to Al that can perform complex tasks across various domains, from healthcare to entertainment, and brings Us a step nearer to Artificial General Intelligence
Semiconductor breakthroughs: Powering the future of smartphones
Semiconductor breakthroughs are revolutionizing smartphones, driving enhanced performance, power efficiency, and security. Explore how cutting-edge innovations like 3nm chips and Al acceleration are shaping the future of mobile devices, making them faster, smarter, and more secure
Why visibility matters in IT infrastructure lifecycle management
Enhance control, security, and efficiency in IT infrastructure management with improved visibility. Learn how to align IT with strategic business goals
Electrifying India: Evolution of India's EV charging infrastructure
The EV charging network is still developing, but rapid advancements and investments are closing the gap, making EVs more convenient for long-distance travel
From Web2 to Web3: The new frontier of internet business
Embrace the future with Web3, where a decentralized internet shifts power from tech giants to users. This new era redefines business operations, bringing Unmatched innovation, security, and control. Web3 isn't just changing the game-it’s creating an entirely new one. Are you ready to join the revolution?
Top tools to enhance your gaming security
In 2024, gaming security is crucial as cyber threats rise. This article highlights the top tools to keep your gaming experience Safe and smooth, from antivirus software and VPNs to firewalls and password managers. Stay protected and game on without worry
Essential cybersecurity tips for gamers in 2024: Safeguarding your digital world
Level up your gaming security in 2024 with essential cybersecurity tips! From strong passwords and 2FA to recognizing phishing scams and securing your network, this guide helps you protect your digital assets and enjoy a safer gaming experience. Stay informed, stay secure, and game on with confidence!
