How Much Is The 2020 Esports Industry?

Are there any esports stocks?

Pure-play esports stocks include Allied Esports Entertainment (AESE), Esports Entertainment Group (GMBL) and Super League Gaming (SLGG)..

How many pro gamers are there in the world 2020?

1.5 billion video gamersGamers across the globe According to estimates, there were over 1.5 billion video gamers in the region in 2020, generating a combined revenue of 78.3 billion U.S. dollars.

How large is the eSports industry?

In 2020, the global eSports market was valued at just over 950 million U.S. dollars. According to the source’s estimates, global eSports market revenue will reach almost 1.6 billion U.S. dollars in 2023. The eSports industry is expected to grow rapidly in the coming years.

Is gaming industry bigger than Hollywood?

The global video gaming industry is expected to be worth roughly $159 billion in 2020. … This surpasses the box office film / the movie industry revenue by an easy 4 times, AND almost 3 times the music industry has built up thus far.

What is the biggest entertainment industry?

When including box office and home entertainment revenue, the global film industry was worth $136 billion in 2018. Hollywood is the world’s oldest national film industry, and remains the largest in terms of box office gross revenue.

Who invested in FaZe clan?

Esports company FaZe Clan announced that it has closed a $40 million round of funding led by music mogul Jimmy Iovine and NTWRK, a mobile e-commerce platform known for working with top brands like Nike NKE +1.6% and Puma, as well as celebrities like Billie Eilish and DJ Khaled.

How much money is in the eSports industry?

The booming eSports industry could be worth as much as $138 billion in 2018, according to market research firm Newzoo. The high-flying market, which has grown an impressive 13.3% from last year, up $16.2 billion, is benefiting from traction from new video game content, products and gaming events around the world.

Is eSports a growing industry?

Total esports viewership is expected to grow at a 9% compound annual growth rate (CAGR) between 2019 and 2023, up from 454 million in 2019 to 646 million in 2023, per Insider Intelligence estimates. … Esports has hit this stratosphere in large part because of the social component of live streaming and gaming.

How do I join eSports?

Probably the best thing to do is to join a league or play in online tournaments. Almost every popular Esport has online tournaments that are open to the public, as long as you reach a certain level such as the number of wins, K/D, or the like.

How do esports players get paid?

There are two kinds of earnings in eSports: prize winnings and salaries. Prize winnings are what players earn for winning tournaments. There are a handful of professional eSports leagues in which players sign a contract with a team and earn a salary for their participation.

How big is the video game industry 2020?

Global videogame revenue is expected to surge 20% to $179.7 billion in 2020, according to IDC data, making the videogame industry a bigger moneymaker than the global movie and North American sports industries combined.

What is the future of eSports?

Providing much needed in-home entertainment across the globe was a key play for eSports, but ultimately an acceleration of an already fast-growing industry. Marketing Hub found that overall awareness of eSports between 2015 and 2019 doubled, and is on track to hit nearly 2 billion people by the end of 2020.

Is eSports a good career?

Being an esports athlete is a viable career in some cases – if you play the most popular games and you are really good at it – but it can be even better. In the future, more games will hopefully gain popularity and people from around the world will be able to build their careers in the esports industry.

Who is watching eSports?

As of August 2019, DataReportal research estimates that nearly 1 billion unique users watch Esports, which is over 22% of the current internet population. That being said, the Esports demographic is alive and well.

Is eSports a good investment?

Why You Should Push To Invest In eSports: It’s only projected to grow for the long-term. One of the most attractive aspects of esports today is its unparalleled potential for growth, especially considering its huge market. … Video games have a huge market – with players having spent around USD 152.1-billion in 2019.