Guess 1
In 2025, what share of all streaming in India was in regional languages?
Drag to set your guess. Each dot is 1% of all streaming.
Variety, March 2026.
Urban Indians may be spending less on big libraries of shows and more on single moments: a match, a month, a weekend trip.
Short films on the report's biggest shifts
Each film takes one shift and the evidence behind it. More films in this series are on the way.
The podcast
A host and an analyst talk the report through in 4:42.
HostLet's start with a guess. Take all the streaming people did in India in 2025. What share of it was in regional languages?
What the evidence shows, section by section
The report moves from the big drivers, to the changes they cause, to where the money is, to what to do next. Six words carry it.
Three numbers to guess before you see them. Drag to set your guess, lock it in, then see the real figure.
Guess 1
Drag to set your guess. Each dot is 1% of all streaming.
Variety, March 2026.
Guess 2
Drag to set your guess. Each dot is one person in 100.
LocalCircles survey of 16,550 respondents, reported by Fortune India, July 2026.
Guess 3
Drag to set your guess. Each dot is one person in 100.
Airbnb's nationwide survey, reported by Soul of Hospitality, September 2026.
The big drivers behind the changes, strongest evidence first. Each is backed by signals found in the research.
People
Young earners spend on live events, sport clubs, games and short video, but some stretch tight budgets to do it.
Signals behind itBookMyShow: Shillong, Guwahati and Nashik live-event footfalls roughly doubled or tripled in 2025.FICCI-EY: India's organised live events market grew 44% in 2025.Some young Lollapalooza India attendees pay by saving and living with parents.
31 signals in total
Rules
India's ban on real-money games pushes gaming firms towards free-to-play and esports, and some users towards offshore apps.
Signals behind itIndia bans real-money games under the PROG Act 2025; Rules in force 1 May 2026.FICCI-EY: video gaming fell 17% in 2025 after money-gaming bans; in-app purchases rose 15%.After the ban, firms pivot to free-to-play, creator watch rooms and esports.
18 signals in total
Technology
Networks now carry huge live audiences to phones and connected TVs, so viewing moves from pay TV to streaming.
Signals behind itJioStar: Champions Trophy 2025 final peaked at a record 6.12 crore concurrent viewers.Nokia: 5G carries 47% of India's mobile data; monthly use per user passes 31 GB.India 2025: pay TV loses 11 million homes as ad spend shifts to digital.
17 signals in total
Money
Most streaming users arrive through bundles, as telecom plans and add-on packs sell sport and films behind paywalls.
Signals behind itThird Bridge: most Indian streaming users come through bundles.Jio sells live cricket as a Rs 195 data pack and Rs 949 bundled plan.FICCI-EY: paid video hit 216 million subscriptions in 2025, led by paywalled sport and films.
16 signals in total
People
People want shared, in-person outings, from concerts in other cities to after-work pickleball, even on tight budgets.
Signals behind itBookMyShow: fans travelling to other cities for concerts rose 18%.BookMyShow names Visakhapatnam, at +409%, its fastest-growing Tier-II city for live entertainment in 2025.Delhi NCR padel and pickleball clubs run pickup games that pair strangers after work.
14 signals in total
Money
Ad money is moving to digital and audience data, and low revenue per user pushes firms to bundle content with services.
Signals behind itFICCI-EY: digital became India's largest media and entertainment segment in 2025.PwC: India's new entertainment revenue needs scale to bundle and own audience data.Revenue per download in India is a fraction of mature markets.
13 signals in total
Rules
Live events are growing beyond the metros, but few large venues and a feared entertainment tax hold them back, while some states ease permits.
Signals behind itFewer than 10 purpose-built concert venues for 10,000+ audiences in major cities.A live-event single-window portal is running; five states adopted a model executive order.Assam's concert tourism policy offers gap funding and a free state venue.
13 signals in total
People
As sport and films move behind paywalls, viewers face hard-to-cancel plans and subscription fatigue, and some turn to piracy.
Signals behind itOTT and leisure subscriptions use hidden cancellation, billing after cancelling and drip pricing.Subscription fatigue: some cancel Prime and use piracy, unofficial IPL streams and VPNs.Streaming audience growth slows below 10%, and ad tolerance is tested.
11 signals in total
Rules
Ticket resale sits in a legal grey zone, so bots and informal sellers shape who gets into sold-out shows.
Signals behind itHigh-demand shows sell out in minutes while ticket resale sits in a legal grey zone.Fans buy and sell concert and cricket tickets informally on Reddit and Instagram.Bot-driven ticket buying meets Indian rules built on safe harbour for intermediaries.
eight signals in total
Each one runs from the old habit to the new one. Open a shift to see why it matters and where it is already happening.
In live events, the money is moving from the ticket to the trip around it. Events listed on BookMyShow grew 11% in 2025, down from 16% in 2024, but premium-tier footfall doubled. Growth comes from people spending more per outing, so there is room to sell ticket, travel, stay and group payment as one package.
Already happeningAt Coldplay Ahmedabad, fans spent ₹585 on travel, stay and shopping for every ₹100 on tickets, BookMyShow says (2025)562,032 fans travelled to another city for concerts in 2025, BookMyShow saysOver half of Enrique Iglesias's Mumbai audience came from other states, the organiser says (2025)
In India, people pay for video when a big event is on. JioStar says one 2025 Champions Trophy semi-final set a one-day record for streaming (OTT) sign-ups. People who subscribe for a tournament can stop paying after it ends, so keeping them is the hard part.
Already happeningIPL 2025 streaming on JioHotstar moved largely from free to paidAt its peak, 6.12 crore people watched the 2025 Champions Trophy final at the same moment, JioHotstar saysHotstar lost over 23 million subscribers in a year, even with free World Cup streaming on mobile (2023)
The mobile data recharge is becoming a main way people pay for leisure. That gives telecom operators bargaining power over content owners and makes small, easy-to-cancel prices the norm. The limit is how many ads people will put up with: Lumikai finds being tired of ads is the top reason Indian gamers stop playing.
Already happeningJio's ₹195 cricket data pack with 90 days of Hotstar (2025)HBO Max as a ₹49 add-on inside JioHotstar (2026)Monthly billing on every JioHotstar plan (2026)
India's 2025 law shut down playing for money, the largest paid part of digital gaming. Firms are rebuilding around free play, ads, brand deals and fan features. Fan formats tied to live sport, like free predictions with no money at stake and watching matches together, are still open.
Already happeningDream11's free predictions and watch rooms led by creators (2025)In-app purchases up 15% in 2025 while video gaming fell 17% (FICCI-EY)Esports formally recognised (2025)
Very short serials, called micro-dramas, are a new format, but how they will make money is not settled. Supply is free and paid for by ads, and apps in India earn about $0.03 per download, so charging per episode is unproven. Ads or bundling with data packs look more likely.
Already happeningJioHotstar's free micro-dramas, paid for by ads (2026)Zupee Studio's one- to three-minute episodes (2025)YouTube videos showing viewers how to watch micro-drama apps free (2026)
Group activities booked through apps are becoming a leisure category of their own. The value is in booking, matching people and building community, as well as the court itself. Women's leisure time in India stayed flat from 2019 to 2024 while men's rose, so safety, timing and nearby venues decide who joins.
Already happeningAbout 750 active padel courts in Tier 1 cities, ISST says (2026)Casual games that pair strangers after work in Delhi NCR (2026)Organised events in Mumbai where people meet to talk (2026)
Five markets a company could enter. Each shows what is known about its size, who is already in it, what is changing and what could go wrong. The year on each line is when the source reported it.
ScalingEarly
People watch Reels, shows and cricket on their phones and internet-connected TVs. More of them now pay for one tournament or one month at a time.
Size
Not measured. We do not yet know how many city viewers pay for one tournament and cancel after it. We also do not know what they pay across all their apps in a year.
Related numbers
Who is in it
What is changing
Risks
Ormax says India's streaming (OTT) audience grew less than 10% in 2025. Some users share and look for unofficial IPL streams, despite malware warnings (2026). PwC says India earned among the world's lowest revenue per streaming subscription in 2023. It forecasts only 1% growth a year to 2028.
“Me finally going to bed after watching Reels till 4AM knowing I have office at 8AM.”
A post on X, 2026
India banned real-money games, where players bet cash, in 2025. Mobile games, esports and fan games are now rebuilding.
Size
Not measured. We do not know how much of the money people once bet on fantasy sports and rummy now goes to other leisure, or to apps abroad.
Related numbers
Who is in it
What is changing
Risks
Too many ads is the top reason Indian gamers stop playing, Lumikai finds (2025). The gaming authority could treat fan products sold by subscription as money games. Unsettled GST demands still lock up money in Indian gaming (2026).
Concerts, festivals and shows. People often travel to another city for them, and premium tickets sell fastest.
Size
Not measured. We do not know how many people in each city go to live events, or what they spend on them in a year.
Related numbers
Who is in it
What is changing
Risks
India has fewer than 10 venues for crowds above 10,000 (2026). Promoters fear local entertainment tax could return. Promoters say profits are thin and they own no data on their audiences (2026). Some fans say top prices for international shows are too high, so they skip them (2025-26).
“Glad I skipped the Enrique Iglesias concert people need to be real about it”
A Reddit user in Mumbai, 2025
People play padel (a court sport) and casual drop-in games, visit board-game cafés, watch matches together and join small meetups. Many plan these outings around a fixed budget.
Size
Not measured. No data yet on how much time and money city people spend going out each week, by age, gender or city.
Related numbers
Who is in it
What is changing
Risks
From 2019 to 2024, women's leisure time in India stayed flat while men's rose. Women in Delhi and Mumbai ask for late-night places that are not bars or clubs (2026). A PE (private equity) investor says padel's price must fall to about ₹400 an hour so more people can play (2024).
“Safe & chill night out places in Delhi for girls? (No clubs/pub scene)”
A Reddit user in Delhi, 2026
How people in India pay for leisure in small amounts: the mobile recharge, app stores and ads.
Size
Not measured. No data yet on what a city household spends each month on its recharge, apps and tickets, or what it would pay to remove ads.
Related numbers
Who is in it
What is changing
Risks
In LocalCircles surveys in India, 40% to 65% of people say they faced hard-to-find cancellation, billing after cancelling, or surprise fees at checkout (2026). On bundled plans, some users say channels are missing and devices log out (2026).
“One recharge, multiple OTT apps, is it worth it?”
A Reddit user, 2026
Three questions the research does not settle. Open one to see what pulls each way.
PwC ranks India's streaming (OTT) revenue per subscription among the world's lowest (2023). Apps in India earn about $0.03 per download. Ormax puts 2025 OTT audience growth under 10%. Lumikai says a quarter of gamers pay. Some users share or seek out unofficial IPL streams. Even going out is treated as a fixed budget.
Paid video subscriptions in India reached 216 million in 2025, as premium sport and films became paid-only. Sensor Tower estimates India's app spending rose 35% year on year to $345 million in Q2 2026. Premium live-event tickets grew over 100% in 2024-25. Cinema revenue rose 14% in 2025, mostly because tickets cost more.
BookMyShow says premium live-event footfall doubled in 2025. It says fans travelling to another city for concerts rose 18%. An Airbnb survey found 62% of Indian Gen Z plan to travel for concerts or music festivals in 2026.
Some young Lollapalooza India attendees pay for it by saving, living with parents and cutting costs (2026). Some fans on Reddit say top prices for international shows are too high, so they skip them. A Mumbai fan bought a ₹25,000 ticket for a show in Bangkok and skipped other concerts to stay within budget.
ICC and JioHotstar say the first 13 matches of the 2025 Women's World Cup reached five times as many digital viewers as 2022. In-app purchases in India rose 15% in 2025. Firms are rebuilding around free play, watch rooms led by creators, and esports.
India's video games revenue fell 17% in 2025 after the ban. By 2024, over 30% of real-money gamers had already tried offshore apps run from outside India, a BCG-Sequoia report found. A sports lawyer said fantasy apps might move to subscriptions, but revenues would likely fall.
Here are four ways urban India could change over the next three years. More than one can happen at once. For each, we give a sign to watch for and what to do if you see it.
Companies in India are splitting access into smaller paid pieces. Cricket comes bundled with mobile data. Monthly plans are split by device and by ads. A global streamer is sold as an add-on. Paid video subscriptions grew in 2025. This happened as premium sport and films moved behind paywalls. At live events, premium ticket tiers grew in 2024-25. So did travel to other cities for concerts. New formats are also emerging. One is micro-dramas (very short drama series). Another is padel, played as a way to exercise with friends in Tier 1 (the biggest) cities. Creators also promote outings planned around a fixed budget, such as under ₹500.
A 2025 Ipsos survey in India, commissioned by Meta, found 97% watched short video daily. For TV, it was 83%. In 2025, regional languages made up 56% of India's streaming. Most live IPL streaming moved behind a paywall. Real-money games (games played for cash) were nearly 85% of India's 2024 gaming revenue, by Treelife's estimate. They were banned in 2025. BookMyShow says premium live-event footfall doubled in 2025. At the same time, some fans skip shows because tickets cost too much.