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Esports: Douyu, Huya, Twitch and YouTube

04-07-2020 07:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Decision Market Reports

e-sport

e-sport

Report Highlights: The global esports market should reach $5 billion by 2024 from $1.3 billion in 2019 at a compound annual growth rate (CAGR) of 31.5% for the forecast period of 2019 to 2024.

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The global gaming industry is rapidly changing with technological advancements, new business models and greater regulation. Over the past decade, the market for esports or competitive gaming, has also grown across the world. It was estimated that more than 350 million people across the world watched esports both online and in-person during 2018. The most popular esports games include Dota 2, League of Legends, Counter-Strike: Global Offensive (CS: GO), Overwatch and Hearthstone, among others.

The growing popularity of esports has enabled stakeholders to organize large global esport events and tournaments similar in scale to traditional sporting events. Revenues in the global esports market have increased consistently over the years with sources including advertising, media rights, tickets and merchandise, publisher fees, and sponsorships. At present, sponsorships are the highest revenue generating source for the global esports market. However, revenues generated through the media rights segment are expected to overtake the sponsorships segment by the end of the forecast period.

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The scope of this report is broad and covers the global markets for esports, which is organized globally to generate various types of revenue streams, ranging from media rights to sponsorships to tickets and merchandise. The market is broken down by revenue streams and by region. Revenue forecasts from 2019 to 2024 are presented for revenue stream and regional market.

The report also includes a discussion on the major players in each of the regional markets for esports. It explains the major market drivers of the global market for esports, the current trends within the industry and the regional dynamics of the esports market. The report concludes with a special focus on the vendor landscape which includes detailed profiles of the major vendors in the esports industry globally

Table of Content

Chapter- 1: Introduction
Chapter- 2: Summary and Highlights
Chapter- 3: Market and Technology Background
Chapter- 4: Market Breakdown by Revenue Stream
Chapter- 5: Market Breakdown by Region
Chapter- 6: Market Drivers and Challenges
Chapter- 7: Company Profiles

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Email: sales@decisionmarketreports.com
Web: http://decisionmarketreports.com/

Decision Market Reports is a one-stop solution, covers market research studies of all the industries, companies and regions. DMR aims at providing quality research, and insights about every market to helps our clients in taking right decisions. Our repository consists of most trending industry reports, niche areas, and leading company profiles. A comprehensive collection of reports is updated daily to offer hassle-free access to our latest updated report databases.

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