esports market size comparison
Posted on November 17th, 2021This made it the most watched esports event of all time. Advances in technology accelerated the growth in esports, from the NES (Nintendo Entertainment System) in the mid-80s to the proliferation of PC gaming which, with a little help from the Internet, allowed gamers to compete without being in the same location. Tesla was the first automaker to hit a $1 trillion market cap, but other electric car companies have plans to unseat the dominant EV maker. However, eSports certainly has none of the typical confines of a traditional sportâso how does it compare in terms of audience size, market potential, and revenue? Esports has been mentioned as a possible Olympic sport and was included as a demonstration event at the 2018 Asian Games, which previously "served as a door for judo and taekwondo to become Olympic sports," said Lee. The Internet Minute wheel also helps to put the internetâs rapid rate of adoption into perspective. Newzoo estimates that by 2023, the number of esports viewers globally will grow to 646 million, with “occasional viewers” and “esports enthusiasts” growing from 245 million to 351 million and 198 million to 295 million, respectively, between 2019 and 2023. Market Overview The eSports market is expected to register a CAGR of 20% during the forecast period, 2021-2026. Here are just some of the key figures of what happens in a minute: As these facts show, Big Tech companies have quite the influence over our lives. With the rising viewership on online platforms such as Twitch and YouTube, advertising is expected to generate more revenue during the forecast period. Esports is a form of sport competition using video games which is often organized into multiplayer video games, particularly between professional players, individually or as team. Learn more about investing in: Esports Streaming, Learn more about investing in: Esports Sports Betting, by Roundhill Team / Updated as of September 25, 2020. Thus, while a more in-depth analysis would be required to break-down expectations for the traditional sports industry, there is certainly room for esports to continue earning a higher proportion of the overall eyeballs moving forward. It is around the shift to celebrating a culture that is completely virtual, over one that is physicalâwhich has much bigger implications. The growth rate of the gaming industry from 2006 (USD 8 billion) to 2020 (USD 160 billion) is higher than that of all other entertainment industries. Dota 2’s largest esports event of the year, The International, saw an incredible 1.1 million peak concurrent viewers on Twitch during the finals. Nanakramguda Rd, Financial District, Gachibowli. By submitting, you confirm that you agree to The NFL 2020 season opener game had a little over 19 million viewers. The global market size, share along with drivers and restraints are covered in the esports market report Major factors driving the growth of the global esports market size are the increasing popularity of video games, formidable investments, rising live streaming of games, and . In just a decade, electronic sports (eSports) has evolved from an underground culture into a mainstream industry worth billions of dollars today. Difference Between eSports and Sports The eSports industry has experienced a phenomenal explosion in popularity in recent years both in terms of viewership and revenue. Visualizing the Meteoric Rise of Bond ETFs, The 25 Best Warren Buffett Quotes in One Infographic, The Most Popular Halloween Costumes of 2021, The Worldâs 100 Most Valuable Brands in 2021, Space Sustainability: Preserving the Usability of Outer Space, Ranked: The 50 Companies That Use the Highest Percentage of Green Energy. 6 | Foreword and Introduction The esports sector has grown at an annual average rate of 8.5% between 2016 and 2019. Esports Industry Market Growth Trends. For example, some may use absolute figures for all industries while others may use . The growth is mainly due to the companies . But it might only be a matter of time until that’s not the case. 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, Europe, Asia Pacific (APAC), and Rest of the World (RoW). In Raising the Stakes, T. L. Taylor explores the emerging scene of professional computer gaming and the accompanying efforts to make a sport out of this form of play. As major esports events continue to report steadily rising viewership going into 2021, the exact numbers have become increasingly important for organizations, sponsors, and the media to take note of. As with any projection, it’s difficult to say where sports viewership goes from here. The eSports Market is growing at a CAGR of 20% over the next 5 years. Found inside – Page 164Comparison of esports and traditional sports consumption motives. ... Retrieved from https://www.marketwatch.com/press-release/telehealth -market -analysis -and -in -depth -study -on -size -trends -emerging -growth -factors -and ... But when gauging the depth of internet activity occurring all at once, it can be extraordinary. Will we get a new genre, a la Battle Royale in the late twenty-teens? Report, To understand geography trends, Download Sample Later, esports crowned its first celebrity in Billy Mitchell, who at one point held records in arcade games Pac-Man and Donkey Kong (years later, Billy’s activities would retroactively become esports’ first major scandal). Unlike many traditional sports – with soccer, or football, as it’s more broadly known, as a notable exception – the audience for esports is truly global. Making matters worse, esports and traditional sports are just not the same. customized per your requirements. Found inside – Page 3Esports Compared . “ A comparison of exports of the year with those of the preceding year shows that the exports of horses and mules increased from $ 4,000,000 to . $ 77,000,000 ; meats and dairy products from $ 146,000,000 to $ 220,000 ... E-sports Market. In fact, more than one-fourth of shoppers who are considering an EV said Tesla is their top choice. Statements like "League of Legends had more viewers than the NBA Finals" and "Esports events have prize pools comparable to the largest . The first prize winner of the Solo Finals became $3 million richer. The rise in PC gaming saw the advent of the first esports leagues, as well as esports events that look a lot more like today’s events than they did at Stanford in 1972. Live streaming of gaming is another that has led to a massive rise in the popularity of esports. The sector supported over 1,200 jobs in 2019. For example, wrestling has existed in some form or another for 5,000 years, while others developed comparatively later, like soccer (2,000 years ago) and basketball (130 years ago). The esports marketplace is where increasingly fierce competition takes place in front of . The growth is mainly due to the companies resuming . Base Year for Estimate: 2019. The global E-sports market is expected to reach xxx Million USD by 2025, with a CAGR of xx% from 2020 to 2025. There are several reasons for this, and while creating a perfect formula for comparing individual data points would be challenging at best, we’re hopeful that this piece and the framework it provides can help the general public better understand trends in viewership data by focusing on higher level data. These surprising numbers put Fortnite at the top of the Twitch charts, a popular streaming platform where many esports events are broadcast live. In fact, there will be 26.6 million monthly esports viewers in 2021, up 11.4% from 2020, according to our estimates. For instance, associations such as the World esports Association (WESA), Esports Integrity Coalition are working with esports stakeholders to protect the integrity of competition, and investigate all forms of cheating, including match manipulation. The global Esports market size is projected to reach USD 1860.2 Million by 2026, from USD 691.6 Million in 2019, at a CAGR of 15.1% during the forecast period 2021-2026.. Major factors driving the . The American carmaker has laid out plans to invest tens of billions of dollars in electric and autonomous vehicle efforts in the coming years. The overall esports market is expected to grow from USD 694.2 million in 2017 and is expected to reach USD 2,174.8 million by 2023, at a CAGR of 18.61% between 2018 and 2023.The emergence of esports is expected to transform the outlook of sports industry. eSports is an umbrella term for competitions played on electronic systems, typically by professional video gamers—with the first competition dating back . Although it is still in its formative stages, betting on electronic sports is unlikely to cease gathering steam soon as the revenues this industry generates has skyrocketed. Found inside – Page 648As shown on & previous page , the to - night from Manchester states that the market is quiet esports of cotton from the ... for previous weeks of this and last year for trom mall and telegraphio returns , are as follows : comparison . The US market remains bigger in revenue terms by some distance, generating over $250m last year. The UK esports sector supported £111.5 million in Gross Value Added (GVA) in 2019. One tangible measure of this influence is the massive amount of revenue Big Tech companies bring in. Found inside – Page 8Experiment station , calls attention to the bill now before Volume , 40 | Total Number , 11,933 | Market easy ... cubs , Receipts , Esports , 65 75 " poor and thin , 5 5420 3.00 € 5.00 ; beaver , 1.7507.50 ; fisher , 3.00 8.00 ; wildcat ... This comes out to an astonishing 950 new users on a per minute basis. In other regions, those tied to the traditional sports ecosystem would be wise to closely follow local adoption of esports. The success of eSports tournaments is attributed to live-streaming platforms. Over 66% of console gamers prefer physical discs to digital download games. Hence, this would have a positive outlook on the market and expected to complement the growth of the market. Found inside – Page 170For example , a British turret lathe has been quoted at $ 3,674 f . o . b . a British plant as compared with $ 8,740 for a United States turret lathe of the same size free on board plant , and the discrepancy between the price of other ... Report. Found inside – Page 3026 · Agriculture 4 , 5 Géneral conditions 27 Agricultural prices 22 Child Labor 26 Comparison of size and value of ... the increase in values 5 Exports of Gold and Silver 18 Astounding Statistics 24 Esports of Merchandise 17 Average ... This was originally posted on Elements. By 2018, that number had grown to 395 million (222 million occasional viewers and 173 million esports enthusiasts). Many of the recent technological advances that have helped enable the rapid growth in esports have also affected traditional sports, as well (think goal cams). This represents a 10.3% CAGR from 2018-2023. As competitive video games continue to integrate into popular culture, global investors, brands, and media outlets are all paying attention. HERO Benchmark Comparison Market Cap Size. Collectively, these produce unimaginable quantities of user activity and associated data. For sports popular in the Asia Pacific region, the tide of fans may already be well underway. The word "esports" is getting increasingly popular by . Although organized competitions have long been a part of video game culture, these were largely between amateurs until the late 2000s, when . But the reality is, when comparing viewership numbers for esports with those of traditional sports, it’s not always a perfect apples-to-apples comparison. The sports betting market is expected to increase due to increasing use of mobile phones for sports betting, easier access to online betting, rising millennial . successfully market traditional sports could also be applied to eSports. This investment is expected to make it the esports capital of the world. The overall size of the Esports Market today which is October 2020, is 495 . Roundhill Investments is a registered investment adviser and ETF sponsor focused on thematic and sector-specific investing. Found inside – Page 1063Prices are firm at our quotations , The return of this night bears the following comparison with the and large orders ... On the whole , the business done during the sales , and this serves to keep the market unsettled . week has been ... These revenues come from . However, the sport has a much larger economic impact: we expect it to generate economic value of around INR100 billion between now and FY2025. Major revenue streams for esports include media rights; tickets and merchandise; sponsorships; direct advertisements; and publisher fees. Asia Pacific holds highest share in 2020. This report gives a detailed analysis of the ecosystem of the eSports industry. This annual infographic from Domo captures just how much activity is going on in any given minute, and the amount of data being generated by users. Following this, the market saw immense growth going into 2020 with a 15% rise on the previous year. Please check with your bank for further details. The eSports market has boomed in recent years with more and more viewers tuning in to watch their favorite games being played by some of the best gamers in the world. As per the World Economic Forum, the eSports viewers spent 17.9 million hours watching their gaming heroes on channels such as YouTube's gaming channel or on Twitch in the first quarter of 2018. The global games live-streaming audience will hit . Which titles will catch the most eyeballs? This has made the competition even more high stakes, bringing in even more viewers. Supported £111.5 million in Gross Value Added (GVA . As a whole, eSports is starting to seriously compete with the big leagues. The Market Size of eSports in 2020. Related: Streaming 101, How to Invest in Streaming. In short, it’s surprisingly higher. The increasing popularity of online video games is the major market driver to boost the esports market. This book shows many different aspects, examples, and regulations of cryptocurrencies through its underpinning technology of blockchain in the present-day digital era. Revenue from Free to Play games amounts to over 85% of all game revenue. The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. Esports Market was valued at USD 915.30 million in 2018 and is expected to reach a value of USD 2,976.74 million by 2026 at a CAGR of 18.35% over the forecast period of 2019-2026.. Find some esports audience numbers in the free report. 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. Major factors driving the . Market share, structure and size Esports is competitive professional or semi-professional gaming, in an organised format such as a tournament or league with a particular objective or reward, such as winning a championship title or winning prize money, and a clear distinction between participating players and teams. The proliferation of game-streaming has placed it squarely into the mainstream, with well-known streamer Ninja recently appearing on the cover of ESPN The Magazine. Found inside – Page 5162.1 comparison of agricultural exports as a percentage of farm income with unfactured exports as a percentage of GXP is ... Market Research by industry and country which identifies esport 19 anotion activities overseas has exceeded the ... The roll-out of 5G gives mobile esports a ton of potential. 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. While this isn’t quite the total prize pool of The International, the Fortnite World Cup had the biggest single-player payout of all time. Modern Times Group, Activision Blizzard, Inc, Riot Games, Inc. ( Tencent Holdings Ltd), Epic Games, Inc., Gfinity, PLC are the major companies operating in eSports Market. Esports Market Size, Share, & Trends Analysis Report by Revenue (Game Publisher Fee, Merchandize & Tickets, Advertisement, Sponsorships, and Media Rights), Games (Multiplayer Online Battle Arena, Player vs. Report scope can be Well, that is anybody’s guess. Found inside – Page 4324These esports will inevitably go the way of the steel industry's exports but for different reasons if the burden of ... Second , the potential loss of a significant part of the domestic market for petrochemicals , a market whose size by ... While it’s impossible to highlight all of the differences between esports and sports, there are some key differences worth noting: For many big esports titles, the prize pool dollars are meaningful - and above that of various traditional sports. The debate however, is not around the battle between eSports and traditional sports. Nearly every ancient culture enjoyed some form of “sport.” Perhaps best known is the sporting history of Ancient Greece, which gave birth to the bi-annual sporting festival commonly known as the Olympic Games. Global ESports Management Software Market Report 2021-2026 With Top Countries Data Share, Size, Future Demand, Research, Top Leading player, Emerging . Esports Market Size Esports Market Trends . E-Sports Market is comprehensively prepared with main focus on the competitive landscape, geographical growth, segmentation, market dynamics, including drivers, restraints, and opportunities.. With esports revenue exceeding the 1 billion mark in 2019. The report on the esports market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The eSports market is at its initial stage, and thus, the market is a little competitive in nature. The esports industry appears to be entering an exciting stage of its development. However, competitors like Volkswagen hope to accelerate their own EV efforts to unseat Muskâs company as the dominant manufacturer. Large (>12.9B) 49 . The eSports Market market is studied from 2018 - 2026. 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. Moreover, they make future estimations in terms of participants, revenue streams, viewers and other trends. Regional considerations should be made, too. Esports (also known as electronic sports, e-sports, or eSports) is a form of competition using video games. Therefore, in order to track the viewership of Overwatch League and Call of Duty League, Activision Blizzard partnered with Nielsen in April 2018 to track both Overwatch League and Call of Duty League viewership. Newzoo segments esports viewership into “occasional viewers” (people who watch professional esports content less than once a month) and “esports enthusiasts” (people who watch professional esports content more than once a month), which can be an important differentiation for those seeking to invest in esports given the often published viewership comparisons to traditional sports. Our sales representative will reach you shortly with the details. "The regional analysis of global esports market is considered for the key regions such as Asia Pacific, North America, Europe, Latin . With this growth trajectory in mind, we can expect future figures to become even more astonishing. This beats all other esports and sports events, including even the Super Bowl, where each winning player sees a little over $118,000. Related: How to Invest in Esports - Digging Down into the NERD Index. Regional considerations should be made, too. With its investments, China is expected to become to hold significant market share. In recent years, esports competitions have become very popular across the globe, turning competitive gaming into a full-on sport. China is anticipated to hold a significant market share in the eSports market owing to the popularity of the esports among the youth and supportive government support for the growth of the market. It’s hard to imagine powerhouses like soccer or cricket experiencing a fall from grace. Found inside – Page 83The massive popularity of esports, in charts. ... Comparison of esports and traditional sports consumption motives. ... An estimate of the size and supported economic activity of the sports industry in the United States. 2021-2025, tremendously. More than 57% of all game developers reside in the US. Fortnite didn’t exist in 2016. Summary. The global audience is expected to grow to 276 million by 2022, with League of Legends tournaments often boasting a higher viewership than some of the biggest U.S. leagues: While viewership can surpass that of well-known professional leagues, it doesn’t yet stack up in terms of monetization. Esports often takes the form of organized, multiplayer video game competitions, particularly between professional players, individually or as teams. Which Countries Have the Most Nuclear Weapons? In 2021, $833.6 million in revenues—over 75% of the total market—will come from media rights and sponsorship. Visualizing the World’s Biggest Pharmaceutical Companies. Found inside – Page 405The latest quotations 94,425 are $ 3.7742 for special Kansai extra , The volume of foreign trade , excluBanking business 250,000 $ 3.75 for ... 454,320 Compared with the LONDON SILVER MARKET preceding ten days of the month , exTotal . Moreover, esports viewers (specifically, enthusiasts) are more likely to maintain full-time employment than the overall online population (67% vs 53%) and have high household incomes (43% vs. 30%). And, it is expecting millions of participants from over 60 nations globally. The market declined from $458.8 billion in 2019 to $388.3 billion in 2020 at a rate of -15.4%. Found inside – Page 1023In its study of international marketing trends , " International Trade Foreign Market Development for High value ... MVP Export EC 12 WVP Expor US HVP Esports 30.4 ... ecidons -- 000 : zar zaron 28-669 0-90 -33 " This comparison " the ... There are over 2.2 billion mobile gamers. There are many ways to compare various entertainment industries; choosing which method reveals certain biases. We create thoughtful investment products designed to help investors express their vision of the future. Found inside – Page 1010Metal Market . Copper . - Between continued dullness of trade and more or less pressure to make sales on the part of ... during the nine months ending September 30 appear in the report of the Bureau of Statistics , as follows : 1895 . Global Esports Market is projected to grow up to USD 5.85 billion by 2027 growing at a CAGR of 25.86 . Rising emergence of online sports café trend and increasing venture capital investments are some key factors driving global esports market revenue growth currently. The 16 to 24-year-old audience has increased by 60% since 2017, fueling the rapid growth of this emerging industry. Revenues are projected to reach $1.5 billion by 2020, growing at a CAGR (2015-2020) of 35.6%. The eSports market is expected to register a CAGR of 20% during the forecast period, 2021-2026. Found inside – Page 309U.S. data do not lend themselves to classification in terms of light and heavy industry . Thus , a meaningful comparison with Japanese data for these industry Categories is not possible . VOLUME OF RECEIPTS OF U.S. MANUFACTURERS ... Found inside – Page 66Eleven months ' figures just completed by Shipments of grain from elevators at the bureau of statistics of the department ... 1903 , compared with the corresponding The Winnsboro Cotton Oil Co. , capital 070 , 193 bushels compared with ... Overall, this led to a general trend of sports having larger industry sizes than esports. As mentioned earlier, in 2020 the market revenue was 1.1 billion. With 6.34 billion hours of viewing, it represents 72.3% of the market share for hours watched, a 6.5% increase from the previous quarter. However, one could easily counter that this only broadens the potential Total Addressable Market (“TAM”) and longevity of the esports phenomenon. This may remain the case, even accounting for esports’ recent growth trajectory in comparison to that of traditional sports. Your payment is successful. Although it’s yet to see which video game will reach those numbers first. Further key aspects of the report indicate that: Chapter 1: Market Definition and Segment by Type, End-Use & Major Regions Market Size. suffer from differing approaches to the measurement, more likely to maintain full-time employment than the overall online population (67% vs 53%) and have high household incomes (43% vs. 30%). The esports industry, much like the gaming industry more broadly, is a hit-driven industry. While roughly 50% of viewers considered “esports enthusiasts” by Newzoo are located in Asia Pacific, North America, Europe, and the rest of the world each represent more around 10% of the total number. Mapped: Where are the Worldâs Ongoing Conflicts Today? According to research conducted by Market Study Report, the size of the worldwide esports market ($1.1 billion in 2019) is expected to reach $6.31 billion over the next six years.This represents a compound annual growth rate (CAGR) of 24.4% during that period. Revenues are projected to reach $1.5 billion by 2020, growing at a CAGR (2015-2020) of 35.6%. Amazonâs purchase of leading video-streaming site, Twitch, allowed Amazon to tap into the rapidly growing eSports audience, along with other live-streaming opportunities. Roundhill is built on the primary tenets of investor education, full transparency and open communication. Traditional sports still garner more viewers than do esports. Revenue from Free to Play games amounts to over 85% of all game revenue. There are over 2.2 billion mobile gamers. The California-based company headed by Elon Musk ended 2020 with 23% of the EV market and recently became the first automaker to hit a $1 trillion market capitalization. Player, First Person Shooters, and Real-Time Strategy), E-platform (PC . Esports events and streams are often measured by their peak concurrent viewership counts and hours watched total, whereas traditional sporting events only offer their total viewership numbers. Esports (also known as electronic sports, e-sports, or eSports) is a form of competition using video games. The global e-sports market is expected grow from $0.97 billion in 2020 to $1.28 billion in 2021 at a compound annual growth rate (CAGR) of 32%. At the heart of the worldâs digital activity are the everyday services and applications that have become staples in our lives. This makes it increasingly important for those looking for exposure to consider a broader based approach in the absence of specialized knowledge or views. Consumers are as well. As per the World Economic Forum, the eSports viewers spent 17.9 million hours watching their gaming heroes on channels such as YouTube’s gaming channel or on Twitch in the first quarter of 2018. And while eSports have long been biggest in Asia, especially gaming-mad Korea, North America and Europe now claim 28 million eSports fans and the number is growing by 21 percent a year. Found inside – Page 358Cooperative and Proprietary Agribusiness : Comparison of Performance ( Purdue University Research Bulletin 982 ) This ... Graio Esport Elevators : Econonies of Size Analysis ( ACS Staff Report ) The major findings , obtained through ... The advertising comprises the revenue generated from the advertisements targeting esports viewers, including ads shown during live streams on online platforms, on video-on-demand content of esports matches, or esports TV. Source: Newzoo - 2019 Global Esports Market Report. Source: Newzoo - 2019 Global Esports Market Report. Another important consideration is the regional breakdown of esports viewers. Perhaps surprising to many US-based readers, Cricket is second with an estimated 2.5 billion fans globally. You know the ones. According to Wood Mackenzie, Volkswagen will become the largest manufacturer of EVs before 2030. Newzoo estimates that the esports valuation will be coming from . Report ID: GVR-4-68038-647-9. Home / Technology and Media /. Itâs no surprise that eSports is often compared to its predecessor, traditional sports. Newzoo performs market research on the eSports economy every year. In fact, revenues will reach an impressive $1.1 billion in 2019, a year-on-year growth of +26.7%. Contributed just under 8% of the global market value, generating £60m in revenue in 2019. Overall trends will likely not tell the whole story, either.
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