It has robust fan engagement and engages younger audiences … This investment is expected to make it the esports capital of the world. The EA SPORTS FIFA 20 Global Series continued to expand as more than 20 of the world’s most notable football leagues will run local events. What value propositions should businesses aim at while making new research and development funding? Thus, with the new gamers in the ecosystem, it is expected to attract more eSports audiences, which will generate more revenue over time. Tencent Holding Limited is gaining the upper hand in the esports industry by investing in several companies such as Riot Games, Inc.; Supercell Oy; Epic Games, Inc.; and Kakao Corp. Activision Blizzard, Inc. is at the forefront in creating organized esports leagues that attract professional players, broadcast partners, and advertisers. Increasing number of events with large prize pools is a new trend seen in the global market that is further driving the global esports market.
Limited tournament infrastructure and less number of organizations have restricted the market growth.
8. 3 Brazil Esports Market Outlook 2019 - 2023 This report also forecasts the overall esports market, in terms of value, segmented based on revenue streams, and concerning main regions such as North America, …
North American market for Esports is mainly driven by a growing number of audiences for Esports and APAC is one of the fastest growing markets in the global Esports market with major growth being witnessed in China, Australia, South Korea, Taiwan, and Japan. The games in this model have no upfront costs, but it charges for additional or featured content, which makes the game interesting. "Global Esports Market - Forecast up to 2025", https://www.researchandmarkets.com/r/xzqx3u. All Rights Reserved, By using this site, you agree to the Privacy Policy, Managed Servers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026, Data Deduplication Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026, Sales Intelligence Solutions Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026, Identity Management Software Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023, Power Line Carrier Communication Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025, Digital Railway Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027, ISP Management Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027, Management Decision Solutions Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026, Video-based People Counting System Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030, Data Center Fabric Market - Global Industry Analysis, Market Size, Market Share, Growth and Forecast, 2013 - 2019, Free Customization as per your requirement, You will get Custom Report at Syndicated Report price. Esports has a reputation for encouraging lazy health and fitness habits - eating poorly, sitting in a chair, staring at a computer screen for many consecutive hours (see South Park WoW episode). b. What are the factors driving the Esports market?
Under these circumstances, the industry is expected to witness modest growth in 2020. This region holds almost one-third share in the overall esports market in the past few years. Design an exclusive study to serve your research needs. As of 2019, male viewers especially those within the age group of 20-35 accounted for a major part of the market share. North America is the leading revenue generator in the global Esports market with a major share of the market contributed by the US. Explore purchase options. The eSports market is expected to register a CAGR of 20% during the forecast period, 2020-2025. Special pricing for start-ups and universities.
The industry engaged 380 million fans in 2017 and is expected to grow to 590 million by 2020. YouTube and Twitch have become central to driving esports market worldwide. The global esports market size was valued at USD 1.1 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 24.4% from 2020 to 2027. 10. Thus, the publishers of the eSports are targetting these customer base by personalizing the gameplay experience and offering the game on different platforms such as console, PC, and mobile. In terms of revenue streams, the market is segmented into tickets and merchandise, media rights, sponsorships and direct advertisements, and publisher fees. The aim of this report is to define, analyze, and forecast the Esports market based on segments, which includes revenue model, gender, audience, and region. Sponsorship offers a sizeable opportunity for various brands to directly reach to the target audience through offline and online media channels. While esports has been exploding, there is still some hesitation outside the ecosystem about what esports even is. Real Time Strategy (RTS), Massive Online Battle Arena (MOBA), and First-Person Shooter (FPS) are the most common type of game genres witnessed in most of the Esports events. Some of the key players mentioned in the report are Nintendo, Tencent, Turner Broadcasting System, Activision Blizzard, Modern Times Group, and Valve Corporation. However, on the flip, lack of supportive infrastructure and lack of awareness about sports are few factors that are hindering the market growth during the forecast period. 5. For instance, Hangzhou ( a city in China) plans to build 14 esports facilities before 2022 and expected to invest up to RMB15.45 billion (USD 2.22 billion). An all-inclusive ESports market report thoroughly analyses the market using a team of industry experts, dynamic analysts, adept forecasters and well-informed researchers. Team Liquid fans cheer at The International 7, a Dota 2 tournament. Esports betting could also lead to further monetization for esports players. The professionalization in the industry has created lucrative opportunities for game developers, gamers, influencers, and event organizers. Nowadays, children prefer video games as compared to other sport and outdoor activities. Esports market is home to intense competitions which increasingly take place in front of a live audience to build and measure audience loyalty. Players - win or lose - have just spent the majority of their career in front of a computer, and not in front of a crowd.
While some games, like League of Legends, have been around for a while, and seem to have cemented themselves as an esports staple, the industry is very volatile. Hence, with the increasing investment in the eSports in the country is expected to augment the China market. Further, Tencent Holdings Limited, a significant player in the eSports industry, is headquartered in China and played an influential role in the increase of eSports in China by developing games like "Honor of Kings," which made revenue of USD 1.3 billion in its own right in 2018. 3. This website is secure and your personal details are safe. Recently, first esports arena opened in Santa Ana, California. And, it is expecting millions of participants from over 60 nations globally. 15 Kuwait Esports Market Value 2018, For complete list of 60+ tables and 60+ figures follow the Link, Type your email below and receive our daily news and updates for free, Plot No. Get Sample. With this report, businesses can accomplish unrivalled insights and association of the best market opportunities into their respective markets.
Further, they may have even been rewarded for explosive and unprofessional behaviour while streaming by enthusiastic fans. The sponsorship segment dominated the global esports revenue, with a market share of 39.9% in 2019. Many endemic brands such as Intel Corporation and Nvidia Corporation have already well-established sponsorship deals with esports teams and leagues. Such developments and initiatives are expected to propel the industry growth over the forecast period. Asia Pacific is a lucrative market for the gaming industry due to its ease of entry as compared to other markets. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with? Avail customized purchase options to meet your exact research needs: "The quality of research they have done for us has been excellent...", Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. Copyright © Transparency Market Research. China’s eSports market is built upon the largest gamer base in the world, with approximately 442 million gamers as of 2017, a 57% penetration rate of Chinese … Which regulations will be most helpful for stakeholders to boost their supply chain network?
Esports Market - Overview 1.1 Definitions … In some instances, the organizers are hosting the event in a closed stadium, streaming it online for the audiences. Esports or electronic sports are a group of sports played online via video games. Table of Contents; Tables and Figures; Inquiry Before Buying; Request Sample ; Schedule a Call; 1.
Each team or individual competes in various popular online games and sponsors compete for a bigger share of the global audience.
However, esports market has registered incredible growth in the last ten years.
Who are the key players in Esports market? Additionally, the industry has seen an up stick from non-endemic brands such as Volkswagen Group, Daimler AG (Mercedes Benz), McDonald's Corporation, Tinder, and Vivo Communication Technology Co. Ltd. as a key sponsor for the esports tournaments and teams. This has become more important than ever, given the current uncertainty due to COVID-19.
Published Date: Sep, 2019; Base Year for Estimate: 2018; Report ID: GVR-3-68038-736-0 ; Format: Electronic (PDF) Historical Data: 2015 - 2017; Number of Pages: 190; Report Summary; Table of … These deals have proven to be a great investment as they are able to increase their market share and brand recognition by selling gaming related products. These gamers also come from the most tech-savvy generation. 6. Asia Pacific is expected to hold larger share in the market during the forecast period.
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