Esports Market - Global Industry, Analysis, Size, Share, Trends, and Forecasts 2020 - 2030

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Esports Market - Global Industry, Analysis, Size, Share, Trends, and Forecasts 2020 - 2030

Status : November, 2021 | Consumer Goods

Report Digest


Esports Market: Overview

The rising number of video games and the growing inclination towards live streaming of games and tournaments is likely to aid in the expansion of the global e-sports market. E-sports are a type of rivalry utilizing video games. E-sports regularly appear as coordinated, multiplayer computer game rivalries, especially between proficient players, separately or as groups.

The global e-sports market is classified based on revenue source, and region. In terms of revenue source, the market is divided into media rights, publisher fees, merchandise & tickets, advertising, and sponsorship.

The report on the global e-sports market offers a 360-degree overview of the market and its prime growth perspectives. This includes drivers, restraints, challenges, and upcoming growth opportunities. The report also lists the key trends and innovations introduced to the market by the players. Besides this, the report also throws light on the impact of the novel COVID19 pandemic and how can this market continue to generate revenues during this pandemic. The report also lists the names of players functioning in this market and their key emphasis on the market in the form of innovative strategies. The report is available for sale on the company website.

E-sports Market: Nature of Competition

The nature of the e-sports market is highly competitive on account of the increasing number of mergers and acquisitions and joint ventures by companies. Besides this, players are also investing heavily in digital marketing and advertising strategies to engage more screens for the tournaments organized online.

Some of the prominent players of the global esports market include:

  • Modern Times Group MTG AB
  • Take-Two Interactive Software Inc.
  • Valve Corp.
  • Epic Games Inc.
  • Gfinity plc
  • Electronic Arts Inc.,
  • Blizzard Inc.
  • Nintendo Co. Ltd.
  • Tencent Holdings Ltd.
  • Intergalactic Gaming Ltd.
  • Others

E-sports Market: Notable Industry Developments

  • League of Legends was introduced in Europe and North America in 2017 by Riot Games providing a structured format for the tournament.
  • Overwatch League was launched by Activision Blizzard Inc., in 2018 providing better infrastructure and monetization of online sports tournaments.

E-sports Market: Drivers and Restraints

The expanding crowd reaches and commitment exercises, imposing speculations, rising live gushing of games, and expanding framework for the association competitions are key variables driving the market development. The professionalization in the business has set out worthwhile open doors for game designers, gamers, powerhouses, and occasion coordinators. Twenty to thirty-year-olds are thinking about esports as an expert vocation attributable to the increment in prominence of the gaming competitions, amazing worldwide prize pools, streaming incomes, and coordinated sponsorships. In addition, colleges and universities are beginning a committed esports educational plan to foster gifted experts. The promoting involves the income produced from the ads focusing on esports watchers, including advertisements displayed during live transfers on online stages, on record on-request content of esports matches, or esports TV.

The expanding crowd reach and commitment exercises, considerable ventures, rising live spilling of games, and expanding framework for the alliance competitions are key components driving the market development. The professionalization in the business has set out rewarding open doors for game engineers, gamers, powerhouses, and occasion coordinators. Recent college grads are thinking about esports as an expert profession attributable to the increment in prominence of the gaming competitions, great global prize pools, streaming incomes, and balanced sponsorships. Also, colleges and schools are beginning a committed esports educational plan to foster gifted experts.

E-sports Market: Regional Analysis

The Asia Pacific is holding the dominant share for the global esports market with China holding the leading shares. This is accountable to the increasing popularity of esports among the youth. Besides this, the rising government support in terms of sports institutes, infrastructural development, and organization of various esports activities.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

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5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?