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PlayStation controlled nearly ** percent of the console operating system market in India in 2024. This was a steep decline compared to just two years prior, when it held almost ** percent. The Sony-owned console's position in the Indian market remained in flux owing to various factors such as its competitor Xbox gaining a foothold, the increasing popularity of mobile gaming, as well as the price of PlayStation products.

Console versus mobile gaming

The market size of the Indian gaming industry is predicted to stay on the growth path for the next few years. While revenue from the country’s game console market exhibited growth, mobile gaming was the clear winner of the market. Although game consoles are still well-used devices for video gaming in India, the majority of Indian gamers tend to favor the smartphone. Easy access to gaming and the affordability of smartphones have further catalyzed the trend.

 Global gaming 

 The market value of console gaming on a global level shows a similar development as in India. The big three gaming companies Nintendo, Microsoft, and Sony make up almost ** percent of the video game market worldwide, with Sony leading among the three companies. This is not without the threat of Chinese digital giant Tencent’s success with mobile and online games. The hype of mobile games is not only tangible in India, but also makes up the main share of the worldwide game market revenue. Almost half of this revenue was generated by Asian countries.