India Online Poker Market Size, Trends and Insights By Device Type (Mobile, Desktop), By End-User (Gambling Enthusiasts, Dabblers, Social Exuberant), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032
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As per the current market research conducted by Custom Market Insight Market Research Team, the India online poker market is expected to record a CAGR of 16.9% from 2023 to 2030. In 2023, the market size is projected to reach a valuation of US$ 115.1 billion. By 2030, the valuation is anticipated to reach US$ 346 billion.
Online Poker in India refers to the game of poker that is played online through various websites or mobile applications. It is a virtual version of the traditional poker game, where players can participate in various poker games, such as Texas Hold’em, Omaha, Seven-card Stud, and more, from the comfort of their own homes or anywhere with an internet connection.
Online Poker in India has gained popularity over the years due to the convenience and accessibility it offers, along with the opportunity to win real money and participate in tournaments with players from all around the world.
|India Online Poker Market Expected Value (2023)||US$ 115.1 billion|
|India Online Poker Market Forecast Value (2030)||US$ 346 billion|
|India Online Poker Market Expected CAGR (2023 to 2030)||16.9%|
India Online Poker Market – Mergers and Acquisitions
- The India Online Poker market has seen some notable mergers and acquisitions in recent years. One of the most significant deals was the acquisition of Adda52, one of the leading online poker platforms in India, by Delta Corp, a major gaming and hospitality company in India, in 2016. This move helped Delta Corp to expand its footprint in the online gaming industry and leverage the growing popularity of online poker in India.
- In 2020, the online gaming platform, Nazara Technologies, acquired a majority stake in fantasy sports and a poker platform, Halaplay Technologies. This acquisition was seen as a strategic move by Nazara to enter the online poker market in India and capitalize on the growing demand for online gaming.
- In another significant acquisition in 2020, the gaming company, Pokerrrr 2, acquired the Indian poker platform, PPpoker India. This move was aimed at expanding Pokerrrr 2’s reach in the Indian market and tapping into the growing demand for online poker in the country.
Overall, these mergers and acquisitions demonstrate the increasing interest and investment in the India Online Poker market and the potential for further growth and development in the coming years.
India Online Poker Market – Significant Opportunities
The Online Poker market offers significant opportunities for growth and development in the coming years. Here are some of the significant opportunities in the Online Poker market:
- Increasing user base: With the increasing availability of smartphones and high-speed internet, the user base for Online Poker is expected to grow significantly in the coming years. The rise of online gaming platforms and the increasing popularity of poker tournaments are also contributing to the growth of the user base.
- Technological advancements: The Online Poker industry is constantly evolving, and technological advancements such as artificial intelligence, virtual reality, and blockchain are expected to enhance the gaming experience, making it more immersive and engaging for users.
- Regulatory frameworks: With the legalization of online poker in several countries, including the United States, there is a significant opportunity for the industry to expand its reach and tap into new markets. Developing regulatory frameworks will also provide a sense of security and trust for users, further contributing to the growth of the industry.
- Innovative marketing strategies: Innovative marketing strategies such as social media advertising, influencer marketing, and content marketing are expected to play a significant role in attracting new users and retaining existing ones.
- Mergers and acquisitions: The Online Poker industry has witnessed several mergers and acquisitions in recent years, and these strategic moves are expected to continue, providing opportunities for companies to expand their offerings and market reach.
Overall, the Online Poker market is expected to grow significantly in the coming years, providing significant opportunities for companies to innovate, expand, and tap into new markets.
India Online Poker Market – Significant Threats
The Online Poker market faces several significant threats that could affect its growth and development in the coming years. Here are some of the significant threats in the Online Poker market:
- Regulatory challenges: The Online Poker industry is subject to strict regulatory frameworks, and changes in regulations, including the prohibition of online poker in certain countries or regions, could have a significant impact on the industry’s growth.
- Cybersecurity risks: Online Poker platforms are vulnerable to cybersecurity risks such as hacking, fraud, and identity theft, which could lead to significant financial losses and damage to the reputation of the platform.
- Competition: The Online Poker industry is highly competitive, and the emergence of new players, along with the expansion of existing players, could affect the market share of established players.
- Payment processing issues: Payment processing is a critical component of Online Poker platforms, and any issues related to payment processing, including fraudulent transactions or delays, could significantly impact the user experience and trust in the platform.
- Social stigma: Despite the growing popularity of Online Poker, there is still a social stigma associated with gambling in some countries, which could limit the growth of the industry.
Overall, the Online Poker market faces several significant threats, and companies operating in this space need to remain vigilant and proactive in addressing these challenges to ensure the sustained growth and development of the industry.
|Feature of the Report||Details|
|Market Size in 2023||USD 115.1 Billion|
|Projected Market Size in 2030||USD 346 Billion|
|Market Size in 2022||USD 82.11 Billion|
|CAGR Growth Rate||16.9% CAGR (2022-2030)|
|Key Segment||By Device Type, By End-User, By Platform and Regions|
|Report Coverage||Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends|
|Regional Scope||North India, West and Central India, South India, East India|
|Buying Options||Request tailored purchasing options to fulfil your requirements for research.|
How Large is the Poker Industry?
Online poker has evolved significantly since its inception in the late 1990s, from a niche market to a multi-billion dollar industry with millions of players worldwide participating in cash games, tournaments, and other online events daily.
The launch of the first online poker site in the late 1990s was an immediate success, and by the early 2000s, several more sites had emerged, shaping the online poker market. However, it wasn’t until 2003, when an unknown amateur player named Chris Moneymaker won the televised World Series of Poker (WSOP) after qualifying through an online satellite tournament, that the industry exploded. His victory, earning him US$2.5 million in prize money, captured the public’s imagination and sparked an enormous interest in online poker. This led to a significant surge in players registering on online poker sites and ultimately fueled the industry’s rapid growth.
The Gambling Enthusiasts Segment: During the forecast period, the gambling enthusiasts segment is expected to dominate the market share. With the ability to access online casinos from various devices and at any time, enthusiasts can enjoy their hobbies from the comfort of their homes. By playing small-stakes games or free games, enthusiasts can learn the rules of various games such as poker, baccarat, and blackjack, and improve their skills over time. As a result, online casinos provide a convenient and accessible option for gambling enthusiasts to potentially win real money at any time and anywhere.
The online poker industry is categorized into mobile and desktop based on device type. The desktop segment is projected to hold the highest market share throughout the forecast period. Compared to mobile phones and other devices, desktops offer a larger screen area that allows players to enjoy the game’s graphics and details. In addition, the performance characteristics of desktops, such as customizable storage capacity, and superior audio and picture quality, improve the overall gaming experience. These factors have played a significant role in the growth of the desktop segment in the online poker industry.
India Online Poker Market – Regional Analysis
The India Online Poker Market can be analyzed regionally based on its top contributing states. These states are Maharashtra, Delhi, Karnataka, West Bengal, and Tamil Nadu.
- Maharashtra is the leading state in the India Online Poker Market, accounting for a significant share due to its large population and a high number of players. The state also has a significant number of online poker platforms and is home to Mumbai, a city with a thriving poker community.
- Delhi, the capital of India, is also a significant contributor to the online poker market. The city’s high population and increasing smartphone and internet usage have resulted in the growth of the online poker industry.
- Karnataka, specifically Bangalore, is another key region contributing to the India Online Poker Market. Bangalore has a vibrant IT industry, and many young professionals who work in the industry have a keen interest in online poker.
- West Bengal, with the city of Kolkata, is also a growing region for online poker in India. The state’s increasing number of mobile phone users and improving internet infrastructure are contributing to the growth of the online poker market.
- Finally, Tamil Nadu, with the city of Chennai, is also a significant player in the India Online Poker Market. The state has a high number of online poker platforms and players, and its growing technology sector is helping to fuel the industry’s growth.
Overall, these regions in India are contributing significantly to the growth and development of the Online Poker Market.
India Online Poker Market – Competitive Landscape
The India Online Poker Market is highly competitive, with several major players dominating the industry. Some of the key players in the market are:
- Adda52: Adda52 is one of the leading online poker platforms in India, offering a wide range of games and tournaments. The platform is known for its user-friendly interface and innovative promotions.
- PokerBaazi: PokerBaazi is another popular online poker platform in India, offering a variety of games and tournaments. The platform is known for its excellent customer support and secure payment system.
- Spartan Poker: Spartan Poker is a rapidly growing online poker platform in India, offering a wide range of games and tournaments. The platform is known for its innovative promotions and user-friendly interface.
- 9stacks: 9stacks is a popular online poker platform in India, offering a variety of games and tournaments. The platform is known for its user-friendly interface and fast payouts.
- PokerStars: PokerStars is a leader in the online poker industry, and it has recently entered the Indian market. The platform offers a variety of games and tournaments and is known for its high-quality software and customer support.
- PokerDangal: PokerDangal is a relatively new online poker platform in India, but it has quickly gained popularity among players. The platform offers a variety of games and tournaments and is known for its excellent promotions and bonuses.
- MPL: MPL is one of the best places to play online poker in India. It has a large number of games and events. The site is known for how easy it is to use and how creative its promotions are.
These and other major players in the India Online Poker Market are constantly striving to improve their offerings and attract more players to their platforms. As a result, the industry is expected to remain highly competitive and continue to grow in the coming years.
List of the prominent players in the India Online Poker Market:
- The 888 Group
- Ignition Casino
- Tencent, Playtika LTD
- Zynga Inc.
- Arkadium, Baazi Games
- Quadrific Media Pvt Ltd.
- BLITZ POKER
- Americas Cardroom
- Every game
- True Poker
- Juicy Stakes
The India Online Poker market is segmented as follows:
By Device Type
- Gaming Console
- Arcade Games
- Gambling Enthusiasts
- Social Exuberant
- Gaming Console
- Arcade Games
- North India
- West and Central India
- South India
- East India
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 India Online Poker Market, (2023 – 2030) (USD Billion)
- 2.2 India Online Poker Market : snapshot
- Chapter 3. India Online Poker Market – Industry Analysis
- 3.1 India Online Poker Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Expanding internet penetration as well as a rise in the number of people using their mobile phones to play online games
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porterâ€™s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Device Type
- 3.7.2 Market attractiveness analysis By End-User
- Chapter 4. India Online Poker Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 India Online Poker Market: company market share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. India Online Poker Market – Device Type Analysis
- 5.1 India Online Poker Market overview: By Device Type
- 5.1.1 India Online Poker Market share, By Device Type, 2022 and 2030
- 5.2 Mobile
- 5.2.1 India Online Poker Market by Mobile, 2023 – 2030 (USD Billion)
- 5.3 Desktop
- 5.3.1 India Online Poker Market by Desktop, 2023 – 2030 (USD Billion)
- 5.1 India Online Poker Market overview: By Device Type
- Chapter 6. India Online Poker Market – End-User Analysis
- 6.1 India Online Poker Market Overview: By End-User
- 6.1.1 India Online Poker Market Share, By End-User, 2022 and 2030
- 6.2 Gambling Enthusiasts
- 6.2.1 India Online Poker Market by Gambling Enthusiasts, 2023 – 2030 (USD Billion)
- 6.3 Dabblers
- 6.3.1 India Online Poker Market by Dabblers, 2023 – 2030 (USD Billion)
- 6.4 Social Exuberant
- 6.4.1 India Online Poker Market by Social Exuberant, 2023 – 2030 (USD Billion)
- 6.1 India Online Poker Market Overview: By End-User
- Chapter 7. India Online Poker Market – Regional Analysis
- 7.1 India Online Poker Market Regional Overview
- 7.2 India Online Poker Market Share, by Region, 2022 & 2030 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 The 888 Group
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 PokerStars
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 GGPoker
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Partypoker
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Ignition Casino
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 Tencent
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 Playtika LTD
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 Zynga Inc.
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 Arkadium
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 Baazi Games
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 Quadrific Media Pvt Ltd.
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 Pocket52
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 BLITZ POKER
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.14 Americas Cardroom
- 8.14.1 Overview
- 8.14.2 Financials
- 8.14.3 Product Portfolio
- 8.14.4 Business Strategy
- 8.14.5 Recent Developments
- 8.15 BetOnline
- 8.15.1 Overview
- 8.15.2 Financials
- 8.15.3 Product Portfolio
- 8.15.4 Business Strategy
- 8.15.5 Recent Developments
- 8.16 Every game
- 8.16.1 Overview
- 8.16.2 Financials
- 8.16.3 Product Portfolio
- 8.16.4 Business Strategy
- 8.16.5 Recent Developments
- 8.17 True Poker
- 8.17.1 Overview
- 8.17.2 Financials
- 8.17.3 Product Portfolio
- 8.17.4 Business Strategy
- 8.17.5 Recent Developments
- 8.18 Bovada
- 8.18.1 Overview
- 8.18.2 Financials
- 8.18.3 Product Portfolio
- 8.18.4 Business Strategy
- 8.18.5 Recent Developments
- 8.19 Juicy Stakes
- 8.19.1 Overview
- 8.19.2 Financials
- 8.19.3 Product Portfolio
- 8.19.4 Business Strategy
- 8.19.5 Recent Developments
- 8.1 The 888 Group
List Of Figures
Figures No 1 to 14
List Of Tables
tables No 1 to 2
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
|Perspective||Primary research||Secondary research|
Market Analysis Matrix
|Qualitative analysis||Quantitative analysis|
The key players operating in the India Online Poker market are The 888 Group, PokerStars, GGPoker, Partypoker, Ignition Casino, Tencent, Playtika LTD, Zynga Inc., Arkadium, Baazi Games, Quadrific Media Pvt Ltd., Pocket52, BLITZ POKER, Americas Cardroom, BetOnline, Every game, True Poker, Bovada, Juicy Stakes.
The India Online Poker market is expanding growth with a CAGR of approximately 13.5% during the forecast period (2023 to 2030).
The India Online Poker market size was valued at USD 86.2 Billion in 2023 and it is projected to reach around USD 237.5 Billion by 2030.