What is the market for eSports?

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 market data of eSports?

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. User penetration will be 7.6% in 2023 and is expected to hit 9.1% by 2027.

What is the audience of eSports?

The global e-sports audience size is 540 million as of 2023. In 2020, this number was 435.7 million, meaning that the esports industry has gained over 96 million viewers in that timeframe.

Who is the primary target market for eSports?

More than six in every ten internet users watching esports are aged between 16 and 35 years old. The average age of traditional sports fan is about 50 – it's 26 for esports. Esports fans are also largely male, although female audiences are growing too.

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.

The Economics Behind Esports

What is the age demographic for esports?

The demographic of gamers that follow esports is between 18 and 34 years old. The average esports fan is a young adult - either a young Millennial, or an older member of Generation Z.

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).

Is esports a niche or mass market?

eSports is a rapidly growing industry with immense potential, but it can be difficult to market due to its niche nature.

How the esports industry is growing?

As competitive video games continue to integrate into popular culture, global investors, brands, media outlets, and consumers are all paying attention to the rise in popularity of esports. In the year 2022, there were 532 million esports viewers worldwide.

How popular is esports in the US?

Viewing figures for Esports in the US have grown year-over-year from 2018. In 2018, US Esports viewing figures totaled 25.7 million. This grew to 30.3 million in 2019. And 34.8 million in 2020.

What is the biggest threat to esports?

What is the most popular esports genre?

While many games have competitive scenes around them, some of the most popular and enduring esports titles tend to fall within 3 genres: MOBAs, Shooters and Fighting Games.

Where are eSports most popular?

Leading eSports countries ranked by number of active players 2022. The United States was the leading eSports country worldwide according to the number of active eSports competition players in 2022.

Is eSports the fastest growing sport?

One of the fastest-growing sports in the world is eSports. Since entering the mainstream, competitive gaming has skyrocketed in popularity, especially among people under 40. The industry is predicted to approach $2 billion by 2023, with viewers of the top events in the tens of millions.

Does eSports have a future?

The rise of eSports

The market is expected to be worth a billion dollars and more as the number of players and viewers are increasing. The Asia-Pacific market will witness a tremendous growth in eSports as it currently holds the lion's share and the numbers will read something like $1.5 billion by 2022.

What type of industry is esports?

Esports represent a portion of the video game industry in which players compete in different video games, such as League of Legends, Fortnite or Call of Duty, to achieve world rankings and prize money.

What is the most niche sport?

Is esports a profitable industry?

Overall, esports is a very difficult industry to be profitable in. Even the largest organizations struggle with profitability. But with a lot of careful planning and execution, it is manageable and sustainable.

Why esports become popular?

The massive revenue in the esports market is one reason why, in 2022, 532 million people worldwide watched esports, and in 2025, this number will likely skyrocket to over 640 million audience members. Another reason behind the popularity of esports is how Millennials and Gen Z view the practice.

Who are the big investors in esports?

Is 30 too old for esports?

You can be a professional gamer on Twitch, local/international competitions and yes, in E sports! I think it's your skill and your belief that matters, not the age so don't stress about age. Because, in the end, it's whether you believe you can or can not do something.

What gender plays more video games?

Video gamers in the United States 2021, by gender

In 2021, 41.5 percent of video gamer in the United States were female, with the remaining 58.5 percent of U.S. video gaming audiences were male. Currently, there are approximately 189 million gamers in the United States.

Am I too old to go pro in esports?

As old as they want. The average age of gamers these days is a little over 30 , and I've personally played with many people online significantly older than that.

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.