Press release
Esports Market is expected to witness Incredible Growth during 2021-2031 | Take 2 Interactive, Activision Blizzard, Electronic Arts, Nazara Technologies
Esports Market
Esports includes things like gaming PCs, gaming consoles, gaming controllers, and other gaming accessories. It also includes the software used to run esports tournaments, such as tournament management software and streaming software.
The technology used in esports has evolved significantly over the years. Early esports competitions were often held in LAN cafes, with the participants using their own personal gaming equipment. This made it difficult to ensure a level playing field, as some players had better equipment than others.
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Key Trends and Drivers
The esports market has seen a lot of growth in recent years and this is set to continue in the coming years. There are a number of factors that are driving this growth and here we will discuss some of the key drivers.
One of the key drivers is the increasing popularity of esports. This is being driven by a number of factors including the increasing number of people who are watching esports, the increasing number of tournaments being held, and the increasing prize money that is up for grabs. This is making esports more and more attractive to both players and viewers alike.
Another key driver is the increasing amount of investment that is being made into esports. This is coming from a number of sources including traditional sports teams, media companies, and venture capitalists. This investment is providing more resources for teams and players, and it is also helping to grow the prize pools for tournaments. This is making esports more attractive to investors and helping to drive even more growth.
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Market Segments
By Application
• Platform
• Services
By Streaming Type
• On Demand
• Live
By Device Type
• Smart Phone
• Smart TV
• Desktop -laptop-tablets
• Gaming Console
By Revenue Stream
• Media Rights
• Game Publisher Fee
• Sponsorship
• Digital Advertisement
• Tickets and Merchandise
Key Players
• Tencent
• Activision Blizzard
• Electronic Arts
• Take 2 Interactive
• Razer
• Huya
• Nazara Technologies
• Allied Esports
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Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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