The Esports boom shows no clear signs of slowing. In fact, according to Insider Intelligence, “As competitive video games continue to integrate into popular culture, global investors, brands, and media outlets are all paying attention. Consumers are as well. In fact, there will be 26.6 million monthly esports viewers in 2021, up 11.4% from 2020, … Continue reading “Esports is Seeing a Massive Uptick in Investments”
Tag: eSports
eSports Boom Could be a $5.2 Billion Opportunity
It’s “Game On” for the esports boom. Over the next seven years, the industry could be worth up to $5.2 billion, says Emergen Research, from $1.165 billion in 2020. A “rise in popularity of video games and rapid growth of live esports coverage platforms are major factors driving market revenue growth. Increasing popularity of gaming … Continue reading “eSports Boom Could be a $5.2 Billion Opportunity”
ESports Revenue Could Easily Pass $1 Billion this Year
The esports boom is gaining a great deal of momentum. In fact, according to Newzoo’s Global esports and Live Streaming Market Report, the market could reach $1.084 billion this year – 14% growth year over year, as reported by Reuters. “Newzoo anticipates that the esports industry will make $833.6 million — more than 75 percent … Continue reading “ESports Revenue Could Easily Pass $1 Billion this Year”
eSports Could Be a Hot Opportunity in 2021
There’s no denying 2020 was a big year for video game growth. In fact, with the pandemic keeping millions of people at home, video game spending in the U.S. totaled $56.9 billion for 2020. That was 27% higher year over year, according to NPD. In December 2020 alone, sales were up to an impressive $7.7 … Continue reading “eSports Could Be a Hot Opportunity in 2021”