E-motorsports market forecast has increased in the U.S. in the last few years due to adoption of new cutting-edge technologies in various organizations and rise in competition to create new milestone in gaming and online sports sector. In addition, surge in demand for next generation online gaming service among enterprises fuels the growth of the market. Furthermore, increase in need for interactive, efficient, and cost-effective virtual gaming service along with emerging technology such as augmented reality and artificial intelligence is expected to provide lucrative opportunities for the expansion of the U.S. E-Motorsports Market during the forecast period.
Request Sample Report (Get Full Insights in PDF – 125 Pages) at:
https://www.alliedmarketresearch.com/request-sample/110129
E-Motorsport (or ‘Simulation Racing’) has become increasingly popular in recent years. In its simplest sense, it allows you to experience the thrill of competitive motorsport without ever leaving your home. There are many different games and platforms you can use to compete on. However, the FIA standard is the PS4 game Gran Turismo Sport. People tend to enter E-Motorsport from two areas. Firstly, there are motorsport competitors who want to stay sharp in the off-season or find digital motorsport more affordable. Secondly, there are those who enjoy driving simulation games and wish to step up to the next level. In essence, all you need to get started is the correct game and platform (PC, Xbox, PS4), a good internet connection, and suitable hardware. This will vary according to budget, but as a minimum, sim racers will have a steering wheel and pedal set as this allows greater control and feel than a handheld controller. Over time, racers may add custom seats, better gear leavers, additional monitors, and upgraded steering wheels.
If you have any questions, Please feel free to contact our analyst at:
https://www.alliedmarketresearch.com/connect-to-analyst/110129
Based on streaming type, the on-demand segment held the highest market share in 2021, accounting for nearly three-fourths of the U.S. E-motorsport market revenue, and is estimated to maintain its leadership status throughout the forecast period, owing numerous benefits provided by this segment such as high quality of gaming, ease to customize as per the requirement of players and high security of gaming ID, and others. However, the live segment is projected to manifest the highest CAGR of 16.3% from 2022 to 2031, owing to rise in adoption of real-time streaming of e-motor sports due to its cost-effective and easy to broadcast operation.
Based on component, the platform segment held the highest market share in 2021, accounting for more than four-fifths of the U.S. E-motorsport market revenue and is estimated to maintain its leadership status throughout the forecast period. The e-motor sports platform provides full proof programed software and gaming console for e-motorsports tournament & matches, also increase in demand of online sport, drive the growth of the market. However, the service segment is projected to manifest the highest CAGR of 16.1% from 2022 to 2031, as these service segment provides various services such as managed service, professional service and training and maintenance for the U.S. E-motorsport.
Enquiry Before Buying:
https://www.alliedmarketresearch.com/purchase-enquiry/110129
By revenue stream, the U.S. E-motorsport market was dominated by sponsorship in 2021. However, digital advertisement is expected to witness significant growth in the coming years.
The key players operating in U.S. E-motorsport industry include AMR GP Limited, Competition Company GMBH, Formula One World Championship Limited, IRacing.com Motorsport Simulations, LLC., Logitech, McLaren Group, Motorsport Games, Red Bull Racing Ltd, Team Redline, and Veloce Ltd. Furthermore, it highlights the strategies of the key players to improve market share and sustain competition.
Buy Now & Get Exclusive Discount on this Report (125 Pages PDF with Insights, Charts, Tables, and Figures) at: https://www.alliedmarketresearch.com/us-e-motorsport-market/purchase-options
Covid-19 Scenario
• The COVID-19 impact prompted every company and business to shift their business operations toward a remote work environment.
• Moreover, due to strict guidelines issued by government authorities, people were forced to be in-house. This led to more leisure time available for each individual and gave rise to wide adoption of esports to spend quality time.
• Further, it has affected positively on the adoption of e-motor sports in different countries including U.S. In addition, this factor also created the demand for advanced technology such as IoT, AI, and virtual reality (AR/VR) across the U.S. which is expected to fuel the growth of the market.
Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research