Esports Revenue Scope: Why Betting Is Not Included. According to the previously cited Newzoo analysis, there was an average revenue … In 2003, China declared esports to be an official sport, and after 13 years, it was declared a national industry providing sports operators and professionals' jobs in the country. Global Esports Market Revenue & Forecast, (US$ Million), 2015 – 2027. Please do not hesitate to contact me. As esports goes mainstream, it’s only natural to expect that the growing revenue comes from different parts of the world, with each country varying in their contributions in terms of revenue and viewership. With a revenue share of around 9.8% in the global esports revenue in 2020 with a projected audience of 17 Mn by the end of this year, as per our analysis. The reason behind this difference is in the postponed tournaments, especially in Dota 2. In fact, … Game market research group Newzoo projects that global esports revenues will grow to $1.1 billion in 2020, up from $950.6 million in 2019. In 2018, the eSports industry is projected to generate $905 million in revenue, reaching over $1 billion over the next two years. Further, Tencent Holdings Limited, a significant player in the eSports industry, is headquartered in China and played an influential role in the increase of eSports in China by developing games like "Honor of Kings," which made revenue of USD 1.3 billion in its own right in 2018. The same is true of Western European markets, particularly the UK, Germany, and France,” Verna said. 9 million hours watching their gaming heroes on channels such as YouTube’s gaming channel or on Twitch in the first quarter of 2018. 92. million. The number of esports players in China also … Asia-Pacific (APAC), North America, and Europe are the top three regions leading the esports market. Three years ago, a traditional betting … Hadley Ward Mon - Fri, 9am - 6pm (EST) (212) 419-8286 hadley.ward@statista.com. Click to Tweet. Total esports revenues reached $869 million in 2018, and is forecast to more than triple by 2022, ... and the country’s natural inclination toward competitive endeavors. For the purpose of this study, Grand View Research has segmented the global esports market report based on revenue source and region: China and North America will generate over half of that sum. The report provides both, qualitative and quantitative research of esports market, as well as provides comprehensive insights and development methods adopted by the … 98. million. Nearly 75% of these revenues … Contact … Since this is the eSport with the largest prize pools, even the slightest changes have a negative effect on the industry. According to a report released by the China Audio-Video and Digital Publishing Association and the China Game Industry Development Research Institute, China's esports revenue grew 44.16 percent year on year in 2020. Global eSports Market Country Level Analysis. For example, German tax authorities established a task force at the end of 2018 to examine the esports sector. This industry view is also confirmed by PwC’s Sports Survey 2019, in which 87.6% of the 563 industry leaders across 50 countries ranked esports as the sport with the highest revenue … In the United States and other countries, tax authorities are also becoming increasingly vigilant to … Are you interested in testing our corporate solutions? eSports revenue topped $696 million in 2017.Of the revenue made in the year 2017. Even though this section is doing significantly better than others, the revenue for 2020 is $950,000,000, which means it’s around $7,000,000 less than in 2019. Because of its strong revenue growth and its ability to generate international cash flows, the esports market is increasingly scrutinised by financial regulators. Market intelligence firm Niko Partners has noted that the esports revenue in Asia reached US$519m in 2019, which is nearly half of the global esports revenue in the same year, whilst Mobile esports games in Asia generated US$13.3b, comprising 68% of global mobile esports games revenue. Betting on esports has been around for many years, as it does not require the involvement of any esports companies to organize. In addition to the underlying adjustments for both teams and organizers, we also consider regional macro-economic or local esports market factors for the different revenue streams, enabling us to correct for any external factors. The majority of the revenue … Esports Revenue Per Country. This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. Click to Tweet. Betting on esports is the hottest topic in the real-money gaming industry, as betting companies see esports as a huge “blue ocean” of opportunity. The countries that generate a major portion of the revenue in the gaming industry include China, Japan, US, Germany, South Korea, France, Canada, and UK. Leading esports countries by revenue. Global Esports Market – Analysis By Revenue Source, Streaming Platform, By Region, By Country (2020 Edition): Market Insights and Outlook Post Covid-19 Pandemic (2020-2025) Executive Summary With stadiums vacant and all sporting events cancelled due to the Covid-19 pandemic, the E-Sports market has gained major significance as it draws the attention of a new audience … Still, esports is becoming extremely important for China, where major cities such as Chongqing, Xi’an, and Hangzhou are competing to become the country’s new esports hub. Global Esports Market - Analysis by Revenue Source, Streaming Platform, by Region, by Country (2020 Edition): Market Insights and Outlook Post Covid-19 Pandemic (2020-2025) ABOUT US; CONTACT US; FAQ € $ £ +353-1-416-8900 REST OF WORLD +44-20-3973-8888 REST OF WORLD. North America will once again be the largest esports market, boasting revenues of $409.1 million. The revenue streams for esports companies are also extremely varied. statista.com; statista.es; statista.de; … Market research firm Newzoo described that global esports revenues in 2020 are expected to grow to US$1.1b, a 15.7% YoY growth from the previous year. European esports revenues are on a similar growth trajectory. According to Goldman Sachs, eSports will exceed $1 billion in revenue in 2019, and reach $3 billion by 2022. eSports creates the foundation for an entire ecosystem of opportunities, which include live-streaming, game development, player fanbases, and brand investments for sponsorship and advertising—where 82% of revenue currently comes from. Tencent Holdings Limited is planning for expanding tournaments for hugely popular games like "League of … These changes to how we approach esports revenues… As per the World Economic Forum, the eSports viewers spent 17. Check out these eSports revenue statistics. eSports had over $492 million in revenue in 2016. Esports revenue will continue to grow with the esports audience and viewership. But it’s this greater ability to diversify, and the still-increasing size of esports fandom, that continues to grow esports valuations. Fans buying tickets and merchandise will contribute $96 million. 38% came from sponsorship with an impressive $266 million spent. Competitive Landscape. Download India's Esports … 57% of the total global esports … Find out what impact sponsorships and media have on global esports revenue. This influences the underlying revenue distribution across regions and individual countries/markets. Thrive Leads Shortcode could not be rendered, please check it in Thrive Leads Section! In 2022, eSports championship gaming in Brazil is expected to generate three million U.S. 22% came from … Try our corporate solution for free! The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries. The eSports market has also been segmented on the basis of e-platform into PC-based eSports, consoles-based eSports and mobile & tablets. Revenue is expected to increase over 32% by 2020 with an estimated revenue of $1.48 billion in the U.S. alone.
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