HP study shows income from gaming on the rise in India

in this artical details HP study shows income from gaming on the rise in India ,he burgeoning esports industry is proving to be a boon for the Indian gaming community, offering a spectrum of career opportunities and increased earnings. According to the HP India Gaming Landscape Study 2023,

there’s a notable positive shift in parents’ attitudes toward gaming. Incomes from gaming are on the upswing in India, with nearly half of serious gamers earning between 6 to 12 lakh per annum in 2023.

In a move to further support and empower gamers, HP has launched the ‘HP Gaming Garage,’ a free-of-cost online professional certificate program focusing on esports management and game development. This initiative is set to enhance the skills and knowledge of individuals in the gaming ecosystem, opening doors to a myriad of opportunities in this rapidly growing industry. It not only reflects the increasing recognition of gaming as a serious profession but also demonstrates the commitment to nurturing and elevating the gaming community in India

The flourishing esports industry is proving to be a boon for the Indian gaming community, providing diverse career opportunities and increased earnings, according to a recent report. The study highlights a significant shift, emphasizing that gamers are now viewing gaming not just as a source of fun and relaxation but also as a means to earn money and recognition. This dual purpose is indicative of the evolving landscape of gaming in India, with individuals leveraging their gaming skills for both enjoyment and as a legitimate avenue for career growth and financial gains

The HP India Gaming Landscape Study 2023, encompassing 3,000 gamers and 500 parents across 15 Indian cities, reveals a positive shift in parents’ attitudes towards gaming in recent years. This shift signifies a growing acknowledgment and acceptance of gaming as a legitimate and valuable activity, reflecting the changing perceptions of gaming within Indian households.

“This study allows us to develop a deeper understanding of the gaming landscape and provides insight into the passion and aspirations of the gaming community,” stated Ipsita Dasgupta, Senior Vice President and Managing Director of HP India Market. The findings from the study offer valuable insights into the dynamics, interests, and future trajectories of the gaming community, aiding in the formulation of strategies and initiatives to better support and engage with this vibrant and growing sector.

Income from gaming on the rise:

The report highlights a significant uptrend in gaming earnings in India compared to 2022. According to the findings, nearly half of the serious gamers surveyed reported earning between 6 to 12 lakh per annum in 2023. This indicates a substantial increase in income from gaming, underlining the growing financial opportunities within the gaming landscape in India.

Multiple career options:

The HP report’s findings highlight the emergence of diverse career opportunities within the gaming community in India. With sponsorships and esports tournaments becoming substantial sources of income, gamers are exploring various career options. Respondents are expressing interest in becoming influencers or esports managers in the future. Vickram Bedi, Senior Director, Personal Systems, HP India Market, expressed optimism about the growing esports industry, stating, “It is encouraging to see the esports industry growing and providing diverse career opportunities to gamers.

We believe that Indian youth has the potential to not only make it big in the global esports arena but also to tap on entrepreneurial opportunities in the industry.” This reflects a positive outlook on the potential for Indian gamers to not only excel on the global esports stage but also to explore and create entrepreneurial ventures within the expanding esports ecosystem.

Changing perspective of parents:

The study identified a positive shift in parents’ perspectives toward gaming. Approximately 42% of the respondents indicated approval of gaming as a hobby, and 40% of participating parents acknowledged that their perception of gaming has become more positive in recent years. This evolving viewpoint reflects a changing understanding and acceptance of gaming within families, highlighting a growing recognition of the value and legitimacy of gaming as a recreational and potentially lucrative pursuit.

Gaming goes pan-India:

The HP study revealed that gaming is not confined to metropolitan areas, with a notable increase in serious gamers in non-metro cities. Additionally, gaming is not restricted to a specific demographic, as 75% of Gen Z and 67% of millennials are identified as serious gamers. Furthermore, the study found that 58% of women respondents are also classified as serious gamers. These findings underscore the widespread appeal of gaming across different age groups, genders, and geographic locations, portraying it as a universal and inclusive form of entertainment

PC most preferred device for gaming:

When it comes to gaming devices, PCs have emerged as the preferred choice, with 67% of gamers favoring them over mobile phones. The study indicates that gamers are willing to make a significant investment, with an average willingness to spend over Rs 1 lakh on a gaming PC. This preference is attributed to the desire for better FPS (frames per second) and display quality, emphasizing the importance of high-performance gaming equipment among enthusiasts.