The recent KRAFTON’s Battlegrounds Mobile India (BGMI) tournament that concluded on Friday i.e. 8th December, witnessed a total participation of 1,300 players across multiple Indian cities. The bifurcation of the top 11 cities that witnessed maximum participation from players is: 459 from Hyderabad, 172 from Visakhapatnam, 160 from Bengaluru, 129 from Chennai, 84 from Vijayawada, 53 from Pune, 48 from Delhi, 44 from Ahmedabad, 29 from Kolkata, 22 from Guntur and around 20 from Mumbai. All the matches were streamed live on YouTube and attracted a viewership of 1,26,087.
The finale was won by the Team Dignity eSports from Rajasthan and Mumbai. The 2nd place was achieved by Team Bro from Bengaluru, and the 3rd place was won by Team Turbo from Andhra Pradesh.
The tournament, symbolising String Metaverse's strategic entry into the Indian gaming market, drew over 300 teams nationwide, showcasing a prize pool of Rs. 1,00,000 and highlighting the immense talent within the esports community. String Esports is set to host the biggest online tournament in Europe for Activision Blizzard's newest game, Call of Duty: Modern Warfare 3, featuring the participation of both professional and aspiring players.
Timed with the burgeoning growth of the Indian gaming industry, valued at $3.1 billion and projected to reach $7.5 billion by FY28, the BGMI tournament resonated deeply with India’s 40 million registered players and 16 million daily active users. This aligns String Esports as a driving force in shaping the future of the country’s esports landscape.
Santosh Alturu, CEO of String Metaverse, remarked, “The inception of our landmark BGMI tournament is more than just launching a competition; it's about pioneering a transformative wave in the esports landscape. This event is a strategic catalyst in our expansion narrative, symbolising our commitment to nurturing the Indian gaming community and establishing a formidable presence in the global esports arena. We're thrilled to offer this platform not only to showcase incredible talent but also to illuminate the potential of gaming as a viable career path for aspiring esports professionals in India and beyond.”
The global gaming market, poised to reach $13.84 billion in 2023, demonstrates an impressive annual growth rate of 42.29%, with projections reaching up to $163.40 billion by 2030. Within this dynamic market, the esports segment, valued at $1.38 billion in 2022, is anticipated to grow to $5.48 billion by 2030. String Metaverse's BGMI tournament strategically tapped into this flourishing sector, leveraging India's burgeoning gaming potential on the global stage.
