In essence, there will be no domino effect associated with Free Fire being banned in India. For example, many other countries will also ban Free Fire, which is very unlikely because the cause of Free Fire being banned in this billion-population country is believed to be related to the Chinese developer. Previously, PUBG Mobile and many other games/apps from China were completely banned by India in 2020.
Remember, PUBG Mobile being banned in this country has caused a lot of damage to Tencent because the number of players playing Tencent’s survival game in this country is extremely large. After that, a large part switched to playing Free Fire, leading to Free Fire becoming the game with the largest market share in India. This has brought a huge revenue stream for Garena in 2021 and has kept Free Fire in the top of the top grossing games globally every month.
The Indian market is also the country with the highest percentage of gamers playing Free Fire in the world. This is the pain that makes Garena definitely reduce revenue from this country. And yet, the decrease in the number of players, downloads … will also have a significant impact on Free Fire’s ambition to dominate the world.
In addition, India’s ban on Free Fire, as reported by VTV24, has led to a consequence that “Sea has “evaporated” more than 16 billion USD in market capitalization within just one day after India suddenly banned the game. the company’s best-selling video game, Free Fire. Investors are concerned that the ban is just the beginning of a series of troubles that Sea may face. Besides Shopee, Sea also owns Garena, a company that distributes many popular video games in Vietnam.”
Will this record still be set in 2022?
Whether Garena can still stand after this “shock” as well as Free Fire can reach the top of the world’s highest-grossing games as it does in 2021, that will still take time to tell. But certainly, being banned in the Indian market will be a heavy blow to the development plan of Garena and Free Fire in the near future, because only one Indian market is equal to many other markets. combined, simply because of the large number of gamers that this country brings, proportional to the amount of money “flowing into the pocket” of Garena each month.