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Verified market signals· Filtered by "Games Market"

Lead DevelopmentFACT · 4/5•10 Jul '26•Via PocketGamer.biz

India mobile games market to hit $2.4bn by 2029

A MIXI Global Investments 'India State of Play' report (authored by Naavik, using Sensor Tower and AppsFlyer data) projects India’s mobile games market will reach $2.4 billion by 2029, driven by more than 600 million active mobile gamers and 9% year‑over‑year player growth. India recorded 7.95 billion mobile game installs in 2025 and generated $1.1 billion in mobile games revenue that year; the market is forecast to reach $1.5 billion in combined IAP and IAA revenues in 2026 (14.6% YoY growth). The report highlights the September 22, 2025 Promotion and Regulation of Online Gaming Act (PROGA) ban on real‑money gaming (RMG), which previously accounted for roughly $3.7 billion and ~85% of gaming revenues, forcing a shift toward IAP and ad‑monetised models. The piece also notes government incentives (Maharashtra $390m, AVGC‑XR $47m corpus) and classifying game studios as Essential Services.

•India's mobile games market is projected to reach $2.4 billion by 2029.
•India has more than 600 million active mobile gamers and recorded 7.95 billion installs in 2025.
•The report (MIXI Global Investments, authored by Naavik) used data from Sensor Tower and AppsFlyer.

Entities:Sensor Tower AppsFlyer

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