India Virtual Reality Gaming Market Size, Report, 2025-2033

India Virtual Reality Gaming Market Size, Share, Trends and Forecast by Component, Connecting Device, User, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A30506

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India Virtual Reality Gaming Market Overview:

The India virtual reality gaming market size reached USD 4.20 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 30.20 Billion by 2033, exhibiting a growth rate (CAGR) of 21.70% during 2025-2033. India's virtual reality gaming market is growing enormously, driven by government initiatives to support XR technologies and the convergence of AI and spatial computing. Alongside, these drivers are propelling developer creativity, creating more immersive gaming experiences, and driving greater adoption of next-generation VR technologies.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 4.20 Billion
Market Forecast in 2033	USD 30.20 Billion
Market Growth Rate 2025-2033	21.70%

India Virtual Reality Gaming Market Trends:

Government Support for XR Innovations

India's Virtual Reality gaming sector is growing rapidly, and government support for XR technologies is contributing significantly to this growth. Moreover, the government of India is promoting the adoption and development of new digital technologies, such as VR and AR, through policies and other initiatives. Furthermore, this state initiative contributes to establishing a facilitative environment for developers, startups, and technology firms to test new technologies and explore new horizons for interactive entertainment. A key example of this support is the XR Creator Hackathon, which took place in February 2025 in Delhi, backed by the Ministry of Information & Broadcasting. The event highlighted VR gaming advancements, including innovative projects such as a Gaming Warfare simulation. This project significantly contributes to developing immersive gaming experiences and driving the development of XR-based technologies. In addition, the hackathon also created a working environment for Indian creators, allowing them to sharpen their skills and remain at the cutting edge of technology. Moreover, the government is cultivating a vibrant VR ecosystem sith such efforts, fast-tracking the implementation of XR technologies, and placing India on the world map as a leader in VR gaming.

India Virtual Reality Gaming Market Size

AI and Spatial Computing Integration

AI and spatial computing are transforming the landscape of VR gaming in India by enhancing the immersion, realism, and interactivity of virtual experiences. These advanced technologies are revolutionizing the way VR games are designed and played, offering more dynamic and responsive virtual environments. AI algorithms enable smarter in-game behaviors and adaptable narratives, while spatial computing creates more accurate interactions between the physical and virtual worlds, improving the overall gaming experience. A notable example of this technological integration is the launch of the AjnaXR VR headset by AjnaLens in March 2024. This high-performance headset, showcased at the Game Developers Conference (GDC) 2024, incorporates spatial computing, XR streaming, and AI-powered 3D modeling to provide a state-of-the-art VR gaming experience. The inclusion of AI in the device allows for more intelligent, responsive gameplay, while spatial computing enhances the sense of presence by allowing the user to engage more naturally with the virtual environment. With the AjnaXR headset, Indian developers now have access to cutting-edge tools that enable them to create highly immersive and interactive VR gaming experiences. The growing adoption of AI and spatial computing in India's VR market is driving innovation and shaping the future of the gaming industry, expanding possibilities for both creators and players.

India Virtual Reality Gaming Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on component, connecting device, and user.

Component Insights:

Software
Hardware

The report has provided a detailed breakup and analysis of the market based on the component. This includes software and hardware.

Connecting Device Insights:

Gaming Console
PC/ Desktop
Smartphone

A detailed breakup and analysis of the market based on the connecting device have also been provided in the report. This includes gaming console, pc/ desktop, and smartphone.

User Insights:

Commercial Spaces
Individual

A detailed breakup and analysis of the market based on the user have also been provided in the report. This includes commercial spaces and individual.

Region Insights:

North India
South India
East India
West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Virtual Reality Gaming Market News:

February 2025: Lothar MetaWorlds introduced next-gen Virtual Reality Gaming experiences in India, integrating AI, AR, VR, and spatial computing for dynamic, immersive gameplay. This advancement enhances user engagement, expands virtual economies, and drives India’s VR gaming industry growth by merging gaming with digital fashion, real-world applications, and decentralized interactions.
January 2025: KRAFTON India and Mahindra introduced the Mahindra BE 6 eSUV in BATTLEGROUNDS MOBILE INDIA (BGMI), enhancing virtual engagement. This collaboration advances virtual reality gaming market by integrating real-world automotive innovation, boosting immersive experiences, and driving in-game monetization, brand partnerships, and audience expansion in India's gaming ecosystem.

India Virtual Reality Gaming Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Component Connecting Device User Region
Components Covered	Software, Hardware
Connecting Devices Covered	Gaming Console, PC/ Desktop, Smartphone
Users Covered	Commercial Spaces, Individual
Regions Covered	North India, South India, East India, West India
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the India virtual reality gaming market performed so far and how will it perform in the coming years?
What is the breakup of the India virtual reality gaming market on the basis of component?
What is the breakup of the India virtual reality gaming market on the basis of connecting device?
What is the breakup of the India virtual reality gaming market on the basis of user?
What are the various stages in the value chain of the India virtual reality gaming market?
What are the key driving factors and challenges in the India virtual reality gaming?
What is the structure of the India virtual reality gaming market and who are the key players?
What is the degree of competition in the India virtual reality gaming market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India virtual reality gaming market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the India virtual reality gaming market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India virtual reality gaming industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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