With the constant growth of the electronic games across the world, Capcom, one of the leading game developers, recently expressed its belief that India will emerge as a leader in game sales over the next 10 years.
This optimistic view reflects not only the expansion of the gaming market in the country, but also the potential for economic and cultural growth that India offers to the global digital entertainment industry.
Aiming for this promising future, Capcom is focusing on the Indian market as part of its growth strategy. The company believes India can surpass China in game sales in the next decade. Additionally, Capcom plans to collaborate with local partners to boost sales of its PC games in emerging markets.
India could surpass China in game sales
Image: Reproduction/Bloomberg
A Capcom is betting on the rapid growth of the gaming market in India over the next 5 to 10 years. This is due to the aging generation of university students who are already fans of video games and the economic development of the country, which now has a population larger than that of China.
The company seeks local partnerships to expand its digital sales, which already represent 90% of total sales. The developer’s current presence in India is modest, but it plans to diversify its mobile games portfolio and target annual sales of up to two million copies over the next decade, surpassing its operations in China.
The video game market in India is projected to reach $1.6 billion by 2027, and Capcom sees this, of course, as a significant expansion opportunity. The company also plans to license content to other developers, as evidenced by its deal with Niantic to create the “Monster Hunter Now” game.
Capcom does not consider free-to-play mobile games to be a good fit for its brand. Instead, it will focus its efforts on releasing console titles for download on smart devices, according to Haruhiro Tsujimoto, president of the game developer. games.