India's Digital Shift: Gaming Leads the Pack as Online Payments Soar
A survey by Lumikai reveals that most Indians are paying for online content, with gaming capturing a significant portion of the market. The study, covering 3,000 mobile users, highlights the growing influence of young, data-driven consumers and the pivotal role of women and non-metro residents in the gaming landscape.
- Country:
- India
Indians are increasingly investing in online content, with gaming taking the lead, according to a survey by venture capital firm Lumikai. The survey of 3,000 mobile users highlights a trend driven by young, data-savvy consumers who are willing to spend over Rs 1,000 for such experiences.
Lumikai's Founder, Salone Sehgal, noted that 80% of consumers use UPI for payments, and a significant portion maintains multiple active subscriptions. The survey reveals a substantial female presence in interactive media consumption, with non-metro users representing a growing demographic in the sector.
The firm's report, 'Swipe Before Type,' outlines how India’s gaming landscape is evolving, emphasizing women and non-metro inhabitants. With gaming consuming 49% of digital attention, the report underscores a notable shift in entertainment spending patterns among Indians.
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