esports industry analysis

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. Team Liquid fans cheer at The International 7, a Dota 2 tournament. The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments.

Moreover, Overwatch League Grand Finals, which took place on September 29, 2019, saw a 16% increase of viewership from last year's, which resulted in a global AMA (Average Minute Audience) at 1.12 million. What are some of the value-grab opportunities in various segments? Fortnite) any game can lose popularity at any time. Moreover, Hangzhou is going to host Asian Games in 2022, where esports is expected to be an official medal event. Avail customized purchase options to meet your exact research needs. What will be the barrier to entry for new players in the market? Leading players might be investing in various business development strategies to increase their geographical reach and get a firm hold in the market. Upcoming; November 2020; REP-GB-1911; Technology; Market Overview. © 2020. Segmentation supports and justifies the above-mentioned factors. Europe is also a prominent market. With its investments, China is expected to become to hold significant market share. Get your queries resolved from an industry expert. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. South Korea is also a renowned country for esports space, providing conventional infrastructure to gamers, including their gaming-house, coaches, cooks, and analysts. Privacy Policy. By 2022, we model eSports industry advertising revenue of $429mn (25% 5-year CAGR), tipping revenue of $372mn (24% 5-year CAGR), and sponsorship revenue of $1.1bn (34% 5-year CAGR). It has robust fan engagement and engages younger audiences through technology in a way that we aren’t seeing in traditional sports, or any other content producer for that matter. At a global level esports has reached 88% of people aged 18 - 39 in some capacity. It offers various customer impressions about the products and service use. The companies possess a notable history of creating intellectual games such as Call of Duty, World of Warcraft, StarCraft, FIFA, and Candy Crush Saga. Please fill out the form below for a free PDF report sample & Esports Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2024. 5 Germany Esports Market Trends 2019 - 2023  Few recent developments are: 4.2 Introduction to Market Drivers and Restraints, 4.3.1 Increasing Popularity of Video Games, 4.4.1 Issues Such as Piracy, Laws and Regulations, and Concerns Relating to Fraud During Gaming Transactions, 4.6 Industry Attractiveness - Porter's Five Force Analysis, 4.6.2 Bargaining Power of Buyers/Consumers, 5.3 Top 10 Leagues, By Viewership, By Prize Money, 7.1.4 Riot Games, Inc. ( Tencent Holdings Ltd), 8. Some of the significant players are Modern Times Group, Activision Blizzard, Inc and Riot Games, Inc. (Tencent Holdings Ltd) amongst others. The insights will also help their customers overcome their fears. October 2019 -  Electronic Arts Inc., in partnership with Fédération Internationale de Football Association (FIFA), announced the launch of the EA SPORTS FIFA 20 Global Series on The Road to the FIFA eWorld CupTM. The Esports market is primarily dominated by major companies that organize Esports events and game publishers.

This region holds almost one-third share in the overall esports market in the past few years. The professionalization in the industry has created lucrative opportunities for game developers, gamers, influencers, and event organizers. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. Recently, Twitch announced that in a single month of December 2019, 1.18 million viewers spent nearly 880 million hours watching videogames and other sports content. Nike-sponsored jerseys are expected to enhance the visibility of the LPL league globally. Get Sample. Drivers and restraints give the current picture of the market, whereas trends and opportunities will provide how the demand for intelligent apps will shape in future.

9 Russia Esports Market Analysis 2019 - 2023 © 2020 GlobeNewswire, Inc. All Rights Reserved. a player playing under another’s name to boost their ranking, ivers/hard drives/internet access windows, esports, blockchain, esports infrastructure, smart contracts, Croatia Soccer, Corruption, sports technology, blockchain technology, blockchain in sports, sports blockchain. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

Under these circumstances, the industry is expected to witness modest growth in 2020.

4 Mexico Esports Market Research 2018 Amidst COVID-19, only 8% of live events are canceled, 26% have been postponed, 13% remains on schedule, and a sizeable 53% are shifted to the online platform. investors from western regions are heavily investing in this region in the esports market. 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. Hence, all the factors mentioned above are expected to contribute to the advertising segment for generating revenue for the eSports market in the forecasted period. After 2020, the market is presumed to remain unchanged and witness steady growth. The countries that generate a major portion of the revenue in the gaming industry include China, Japan, US, Germany, South Korea, France, Canada, and UK. Key region covered in the global sports market are Europe, Asia Pacific, Latin America, North America, and the Middle East and Africa. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. ESports or electronic sports is a form of competition which is played using video games. As of 2019, male viewers especially those within the age group of 20-35 accounted for a major part of the market share. The Global Esports market is expected to cross $3 billion by the end of 2025 due to the growing popularity of Esports worldwide and the growing support of game publishers for Esports.

Copyright © 2020 Grand View Research, Inc. All rights reserved. Nike, Inc would supply every squad with sneakers, casual clothing, and professional jerseys.

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. In 2003, China declared esports as an official sport, and after 13 years, it was declared as a national industry providing esports operators and professionals’ jobs in the country. The industry engaged 380 million fans in 2017 and is expected to grow to 590 million by 2020. Each team or individual competes in various popular online games and sponsors compete for a bigger share of the global audience. Esports market is expected to cross $3 billion by the end of 2025 with major competitions occurring in games like Dota 2, Fortnite, and League of Legend. According to Streamlabs, Twitch and YouTube led the race with 1.13 million active streamers and 432,000 active streamers per quarter, respectively, in 2018. 56, HUDA Techno Enclave LP Towers, Opp. The analysis takes a closer look at their pain points and fears across various customer touchpoints. Some of the major vendors in the market are Cloud9, Team SoloMid, Team Liquid, Epic Games, Valve Corporation, Activision Blizzard, and Echo Fox. 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. The industry is no exception with many tournaments and leagues been canceled, postponed, or altered as a result of the coronavirus spread.

These M&A activities show media rights trend is expected to elevate at a larger scale over the next few years. The majority of the audience and the players of eSports are the Millenials.

5. Asia Pacific is expected to hold larger share in the market during the forecast period. These big name brands see esports as the perfect opportunity to reach the traditionally inaccessible male aged 18-25 target market. 7 UK Esports Market Demand 2019 - 2023  Popular games for esports include FPS titles Counter-Strike and Call of Duty, MOBA titles like Dota 2, and League of Legends, and tactical shooters like Rainbow Six Siege and CrossFire. Despite the skewed ratio, several prominent female personalities within esports are hopeful about the bright opportunities for female gamers. In terms of revenue streams, the market is segmented into tickets and merchandise, media rights, sponsorships and direct advertisements, and publisher fees.

Sponsorship offers a sizeable opportunity for various brands to directly reach to the target audience through offline and online media channels. These gamers also come from the most tech-savvy generation. Further, it t also contains the value chain analysis for the esports industry. Report will be delivered with in 15-20 working days. Moreover, growing awareness about esports and peer-to-peer sharing has also accelerated the global esports market.

"Global Esports Market - Forecast up to 2025", https://www.researchandmarkets.com/r/xzqx3u. Dublin, July 19, 2019 (GLOBE NEWSWIRE) -- The "Global Esports Market - Forecast up to 2025" report has been added to ResearchAndMarkets.com's offering, Global Esports Market Set to Triple by 2025. 6 France Esports Market Growth 2019 - 2023 

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