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eSports Market is expanding rapidly with Lenovo introducing new Legion Gaming PCs with new Intel Core processors and high-refresh monitor for enhanced esports experiences

11-24-2021 02:14 PM CET | IT, New Media & Software

Press release from: Coherent Market Insights

eSports Market

eSports Market

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ/๐–๐€: The global esports market is expected to reach a value of US$ 3.73 Bn by 2027 at a CAGR of 20.3% between 2020 and 2027.

Esports also styled as e-sports are a type of video game sports competition. Competitors from different teams participate in the same game. There is a number of popular games, for which different teams face off such as Fortnite, Counter-Strike, League of Legends, Call of Duty, and others. Esports has gained significant popularity over the years, typically due to the rapid growth of the PC gaming sector. The popularity of esports has increased massively over the years. With the availability of special gaming computers and supporting devices, esports is likely to be gaining significant traction in the near future. With growing popularity, video gaming companies are focused on launching new attractive games, in order to expand their product portfolio and gain a competitive edge in the industry. Recently, in October 2020, An Esports launched its new range of Mid Tower Chassis ICE1-30 AG and ICE-120AG in India. Hence, such factors can augment growth of the esports market.

๐—š๐—ฒ๐˜ ๐—–๐—ผ๐—บ๐—ฝ๐—น๐—ฒ๐˜๐—ฒ ๐—œ๐—ป๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ง๐—ต๐—ฟ๐—ผ๐˜‚๐—ด๐—ต ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ฃ๐——๐—™ ๐—ผ๐—ณ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ @ https://www.coherentmarketinsights.com/insight/request-sample/4191

๐™ˆ๐™–๐™Ÿ๐™ค๐™ง ๐™‹๐™ง๐™ค๐™ข๐™ž๐™ฃ๐™š๐™ฃ๐™ฉ ๐™†๐™š๐™ฎ ๐™‘๐™š๐™ฃ๐™™๐™ค๐™ง๐™จ ๐™–๐™ง๐™š:-
Activision Blizzard, Inc., NVIDIA Corporation, Valve Corporation, Nintendo of America Inc., Riot Games, Inc., Epic Games, Inc., Tencent Holding Limited, Gameloft SE, Turner Broadcasting System, CJ Corporation and Electronic Arts Inc. and Others

Another key factor governing the development of this market is rising live streaming of games. There are many live game streaming platforms such as Twitch, Hitbox, Azubu, and YouTube Gaming available that allow people to record themselves playing games to a live audience online. Growing popularity of these platforms has increased the adoption of esports and video games. Thus, such factors can potentially stimulate growth of the esports market. Recently, in May 2021, Lenovo launched new Legion Gaming PCs with new Intel Core processors and high-refresh monitors for enhanced esports experiences.

When it comes to regional impact, North America seems to be gaining significant traction in the esports market. This is typically due to the fact that PC gaming is highly popular in the U.S. As a matter of esports is a multimillion-dollar business in the U.S. with the involvement of developers, gamers, leagues, streaming platforms, and TV networks. On the contrary, Asia Pacific is registering robust growth since there is high penetration of mobile gaming and internet usage in the region.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—ณ๐—ผ๐—ฟ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜:-
https://www.coherentmarketinsights.com/insight/request-customization/4191

๐——๐—ฒ๐˜๐—ฎ๐—ถ๐—น๐—ฒ๐—ฑ ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป:

Global eSports Market, By Revenue Stream:
Sponsorship
Advertising
Merchandise & Tickets
Publisher Fees
Media Rights
Others

Get in Touch with Us:

Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunities.

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