The increasing numbers of smartphone users are fueling the mobile gaming market in India. Approximately 40 to 50 million people play games on their smartphones and feature phones, with an annual growth rate of 40 per cent to 50 per cent. Mobile gaming revenues are currently estimated at $150 million across all revenue models, said a report from Nasscom.

According to the report, though the mobile gamers lead the market in India, the console market size, is estimated to be around three to four million gamers, with 3-3.5 million of lifetime sales for all consoles including PlayStation 2 (2 million) and 100,000 units for PlayStation 4 and XBox One combined. The findings are part of the 'Indian Games Market Review' report released at the Nasscom Gaming Developer Conference 2015. read more