Stage set for 2nd edition of GAMEXX Summit & Awards 2022 today

The gaming industry in India is on a steep growth curve. According to Invest India, revenue from online gaming grew 28% in 2021 to $1.2 billion and is expected to reach $1.9 billion by 2024. There are 303 million gamers in India and growing. India has the largest fantasy sports market, with a user base of 130 million. Invest India further states that the country’s percentage of new paying users (NPUs) in gaming has been the fastest growing in the world for two consecutive years, at 40% (2020) reaching 50% in 2021.

At a CAGR of nearly 30 per cent, industry reports suggest that this market is likely to be worth $7 billion by financial year 2026, according to Statista.

Adgully’s premier property, GAMEXX, has been putting the spotlight on this high growth industry. Stage is now set for the second edition of GAMEXX 2022. Launched in the virtual space in 2021, GAMEXX 2022 will be a full-fledged off-line event, to be held on Wednesday, September 21, at Hotel Pllazio, Gurugram, 3 pm onwards.

Gaurav Agarwal, Co-founderm Gamezop, remarked, “Revenue from gaming worldwide is touted to reach $338 billion by 2030. Gaming is such a massive driver of revenue that the likes Amazon, Netflix, and TikTok have introduced gaming sections for their users. With Gamezop and Quizzop, any product can add quality games for their users in under 30 minutes and take a bite into this multi-billion dollar pie. We are truly excited to be a part of GAMEXX 2022 for it provides us an opportunity to tell industry leaders the value that Gamezop and Quizzop can drive for their apps and websites.”

In keeping with the tremendous growth seen in the gaming industry, theme for GAMEXX 2022 is ‘Unleashing India – the next gaming superpower’. Who’s who of the gaming industry will be a part of the event that will be attended by all the major brands, marketing heads, game developers, gaming companies, policy developers, and of course, leading gamers.

The Summit will be followed by the prestigious GAMEXX 2022 Awards.

Click here for further details and to register.