How big is the US esports market?

The global eSports market size was valued at USD 1.22 billion in 2021 and is projected to grow from USD 1.44 billion in 2022 to USD 5.48 billion by 2029, exhibiting a CAGR of 21.0% during the forecast period.

How big is eSports in USA?

In the eSports market, the number of users is expected to amount to 41.36m users by 2027. User penetration will be 9.1% in 2023 and is expected to hit 12.0% by 2027. The average revenue per user (ARPU) is expected to amount to US$10.39.

Which country has the largest eSports market?

Globally, the total esports audience will grow to 495.0 million people in 2020, a year- on-year growth of +11.7%. Esports Enthusiasts will make up 222.9 million of this number, growing +10.8% year on year. China is the largest market by revenues, with total revenues of $385.1 million in 2020.

How many people watch eSports in the US?

532.1 million. 640.8 million. 72% of the Esports audience are males, and 28% are females. It is important to note that this number is not global; it is only limited to the United States.

Are eSports popular in America?

In 2021, the United States had the highest number of active eSports competition players worldwide. Beyond active participation, the eSports market revenue in the United States amounted to approximately 243 million U.S. dollars in 2021, highlighting the significance of competitive gaming in the region.

Esports is getting out of hand...

Which country is no 1 in esports?

1. South Korea: South Korea is a true trailblazer in the world of Esports. Regarded as the birthplace of the Esports phenomenon, this nation has consistently produced some of the best competitive gaming stars the world has ever seen.

How much is esports worth in the US?

KEY MARKET INSIGHTS

The global eSports market size was valued at USD 1.22 billion in 2021 and is projected to grow from USD 1.44 billion in 2022 to USD 5.48 billion by 2029, exhibiting a CAGR of 21.0% during the forecast period.

What is the biggest esports city in the US?

Esports Stadium Arlington (ESA) is a North American esports facility located in Arlington, Texas. The 100,000 sqft venue is the largest dedicated esports facility in North America and holds 2,500 spectators.

Where are esports most popular in the US?

The states where players earn the most from esports

Comparing esports earnings by state, players in California are capitalizing on the multi-million dollar industry the most, with gamers in the Golden State winning an incredible $21.5M in prize money – 17% of the overall pot of $126.2M won by the top-500 players.

How popular is gaming in the US?

According to US gaming statistics, 52% of gamers subscribe to at least one gaming service. That accounts for around 1.61 billion gamers globally. Console gamers (74%) are more likely to subscribe to a gaming service than PC gamers (66%) in the US.

How big is eSports in Europe?

Revenue in the eSports market is projected to reach US$460.90m in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 9.45%, resulting in a projected market volume of US$661.50m by 2027.

How big is eSports in Germany?

Revenue in the eSports market is projected to reach US$94.61m in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 8.62%, resulting in a projected market volume of US$131.70m by 2027.

What eSports audience is biggest?

PGL Major Antwerp 2022 was the most popular CS:GO tournament in 2022 — the Belgian Major's Grand Final between Natus Vincere and FaZe Clan was watched by 2.1 million Peak Viewers. This has become the second highest number in the history of the discipline behind PGL Major Stockholm 2021 (2.7 million PV).

How big is eSports in Russia?

Russia followed China and the U.S. as the third highest earning eSports nation. In 2021, Russian players won a total of nearly 22 million U.S. dollars in prize money at tournaments. Furthermore, Russia had the eighth highest number of active competition players among territories worldwide.

How big is the US game industry?

Revenue in the Video Games segment is projected to reach US$89.57bn in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 7.83%, resulting in a projected market volume of US$121.10bn by 2027.

What percentage of the US is gamers?

According to a survey conducted in October 2022, 70 percent of adults in the United States played video games on at least one platform. In comparison, 30 percent of U.S. adults did not play video games at all.

What is the future of esports in the US?

The esports market is estimated to grow at a CAGR of 21.81% between 2022 and 2027. The size of the market is expected to increase by $3,515.1 million. This growth for esports is largely dependent on several factors, including branding through esports, an increasing amount of events and new platform launches.

What is the size of esports industry?

The market's largest segment is Sponsorship & Advertising with a market volume of US$894.60m in 2023. With a projected market volume of US$445.20m in 2023, most revenue is generated in China. In the eSports market, the number of users is expected to amount to 720.80m users by 2027.

What is the world's esports capital?

Seoul, South Korea. Staking a claim as the most game-obsessed country since before the turn of the century, South Korea's gaming community is unparalleled in its dedication to the craft. South Korea's early enthusiasm for LAN centers and MMORPGs laid the foundation for the republic to become the world's eSports capital ...

What is the esports capital of the US?

Video games in Georgia have generated $37.5 million in taxes at the state and local levels and another $60.8 million in taxes for the federal government. As global esports growth has exploded, Georgia has become a winner, and Atlanta is being called the nation's esports capital by some enthusiasts, including the GDEcD.

Is esports industry bigger than Hollywood?

“Today, gaming is the largest category in the entertainment industry, with revenues that far exceed those of both the film and music industries. This year, the gaming industry is expected to be worth more than $170 billion in global revenues, five times greater than global movie box office revenues.”

Is eSports a trillion dollar industry?

In 2019, NewZoo estimated the total revenue of the esports market would cross $1.1 billion. Following this, the market saw immense growth going into 2020 with a 15% rise on the previous year. Beyond this, their estimate for 2021 is looking at a further year-on-year growth of 14.5%.

Who is the richest gamer in the US?

The highest awarding game was Fortnite with $44,517,040.58 USD won, making up 19.59% of all earnings by American players. Kyle "Bugha" Giersdorf is the highest earning American player with $3,503,911.72 USD in prize money won overall, with $3,491,245.05 USD or 99.64% won from playing in Fortnite tournaments.

Is eSports a billion dollar industry?

By comparison, that year's Super Bowl had about 98 million viewers. In 2022, Statista reported the global esports market was valued at just over $1.38 billion, projected to grow to as much as $1.87 billion in 2025.

Who is no 1 esport player?

1. JONATHAN. Jonathan ”JONATHAN” Amaral needs no introduction. He has been at the pinnacle of BGMI esports since the start of his esports career.