Increasing live streaming of games, formidable investments, rising audience reach, engagement activities, and infrastructure for league tournaments are the factors influencing the market growth. The esports market generated $0.94 billion in 2020, and is anticipated to generate $4.75 billion by 2030, witnessing a CAGR of 17.5% from 2021 to 2030. Increase in the number of tournaments & events with …
Tag Archives: E-sports industry
E-sports Market Value Expected to Reach $4.75 Billion by 2030 with a CAGR of 17.5%, Says Allied Market Research
Major shift toward video games and increase in popularity of e-sports event drive the growth of the global Esports market. Increase in number of tournament & event with huge prize for winners and runner-up team along with long term investment opportunity in the e-sport event present new opportunities in the coming years. Key industry players – …