The Global Esports market presents a comprehensive analysis of the Esports market and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up.
Market Snapshot:
The global Esports market is expected to witness the highest CAGR growth during the forecast period due to the increasing number of gamers worldwide. Esports is competitive gaming at a professional level and in an organized format (a tournament or league) with a specific goal and a clear distinction between players and teams that are competing against each other. The most popular esports games in recent years are League of Legends (LoL), Call of Duty (CoD), Defense of the Legends 2 (DOTA 2), Overwatch, and the 1998 classic Starcraft. The most common place to watch esports is online. Computers, tablets, mobile devices, and smart TVs are all perfect for streaming live events for free online. The most popular streaming services for e-gaming are currently Twitch.com and YouTube.com. The increasing inclination of the young population towards esports also helps to fuel the global market.
Market Drivers
- Increasing Attraction of Young Population towards Esports in Developing Countries
- Growing Demand due Availability of Various Platforms
Market Trend
- Upsurging Popularity of Video Games
- Introduction and Popularity of Gaming Consoles
Restraints
- The Issues Associated with Gambling/Betting
Geographic Segmentation and Analysis
This section of our report presents a realistic picture of the Global Esports industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the North America holds majority of market share of the Esports, the Europe has emerged as a crucial market for several Esports brands.
The regional segmentation covered in this report are:
South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)