openPR Logo
Press release

Esports Market to Show Incredible Growth and Forecast by 2031 | Tencent, Activision Blizzard, Electronic Arts, Take 2 Interactive

01-03-2023 08:12 AM CET | IT, New Media & Software

Press release from: Global Insight Services

Esports Market

Esports Market

New York, According to a new market research report published by Global Insight Services Esports Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the 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.

View Detailed Report Description :

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.

Finally, another key driver of the esports market is the increasing amount of sponsorship that is being provided. This is coming from a variety of companies who are looking to get involved in esports. This sponsorship is helping to provide more resources for teams and players and it is also helping to increase the visibility of esports. This is making it more attractive to potential sponsors and helping to drive even more growth.

Request Sample Report :

Restraints & Challenges

The esports market is still in its early stages of development and there are a number of key challenges that need to be addressed in order to ensure its long-term success.

Lack of standardization: There is currently no standardized format for esports competitions, which makes it difficult for organizers to create consistent and fair competitions. This lack of standardization also makes it difficult for viewers to follow and understand the various competitions.
Fragmented audience: The esports audience is currently fragmented across a number of different platforms and genres. This makes it difficult for organizers to reach and engage with all potential fans.
Lack of investment: The esports market is currently underserved by traditional investors, which makes it difficult for organizers to secure the funding needed to grow and sustain their operations.
Limited infrastructure: The esports market is currently limited by a lack of dedicated infrastructure, such as arenas, training facilities, and support staff. This lack of infrastructure makes it difficult for organizers to provide a consistent and high-quality experience for both players and spectators.

Get a 50% Off on Purchase of this Report Use Code (GIS2022SUP50) :

Market Segments
By Application


By Streaming Type

On Demand

Key Players

Activision Blizzard
Electronic Arts
Take 2 Interactive
Nazara Technologies
Allied Esports
Super League Gaming
Esports Entertainment

Request For Customization :

Reasons to buy Esports Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
Phone: +1-833-761-1700

About Global Insight Services:

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.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Esports Market to Show Incredible Growth and Forecast by 2031 | Tencent, Activision Blizzard, Electronic Arts, Take 2 Interactive here

News-ID: 2868952 • Views:

More Releases from Global Insight Services

U.S. and Colorado RTD Cocktail Market Overview by Rising Demands and Scope 2024 to 2033
U.S. and Colorado RTD Cocktail Market Overview by Rising Demands and Scope 2024 …
Market Definition An RTD cocktail is a pre-mixed alcoholic beverage that is typically sold in a can or bottle. RTD cocktails are convenient because they require no additional mixing or preparation, making them ideal for parties or other events where alcohol will be served. There are a variety of RTD cocktails available, including popular options such as Moscow Mules, Margaritas, and Bloody Marys. RTD cocktails are typically made with lower-quality alcohol,
Space Semiconductor Market Booming Across the Globe by Growth, Segments and Forecast 2033
Space Semiconductor Market Booming Across the Globe by Growth, Segments and Fore …
Market Definition A space semiconductor is a type of semiconductor device that is designed to function in extreme conditions found in outer space. Space semiconductors must be able to withstand high levels of radiation and extreme temperatures, as well as the vacuum of space. Space semiconductors are used in a variety of space-based applications, including satellites, spacecraft, and telescopes. They are also used in space exploration missions, such as the Mars
E-passport Market A Deep Dive Into Market Size, Share, And Trends By 2033 | Mühlbauer Group, Primekey Solutions Ab, Thales Group, Safran
E-passport Market A Deep Dive Into Market Size, Share, And Trends By 2033 | Müh …
Market Definition The E-passport Market represents a transformative shift in travel documentation, offering enhanced security and efficiency compared to traditional passports. Also known as biometric passports, E-passports incorporate a microprocessor chip containing the holder's biometric information, such as fingerprints and facial recognition data, along with personal details. This technology not only mitigates the risk of identity theft and fraud but also expedites border control processes by enabling automated authentication. Market Outlook The E-passport
Oligonucleotide Synthesis Market Share, Size 2024 Global Comprehensive Research Study, Trends, Development Status, Opportunities, Future Plans, Competitive Landscape And Growth By Forecast 2033
Oligonucleotide Synthesis Market Share, Size 2024 Global Comprehensive Research …
Market Definition The Oligonucleotide Synthesis Market is a vital component in the biotechnology and pharmaceutical industries, providing customized strands of DNA or RNA sequences for various applications such as genetic research, diagnostics, and therapeutic development. This market encompasses a range of synthesis technologies, including solid-phase synthesis and enzymatic methods, allowing researchers to tailor oligonucleotides with precision. As advancements in genomics, personalized medicine, and synthetic biology drive demand for high-quality oligonucleotides, the

All 5 Releases

More Releases for Esports

Live Streaming of Esports Events facilitates Global Esports Market Growth
Inkwood Research predicts that the Global Esports Market is evaluated to register a CAGR of 22.18% during the forecasted period of 2022-2030. "Browse 67 Market Data Tables and 55 Figures spread over 243 Pages, along with an in-depth TOC on the Global Esports Market Forecast 2022-2030." ESports entails organized and competitive video gaming, with competitors from various teams or leagues facing each other in the same games. Their huge popularity facilitates lucrative
Esports Market Rising Trends, Demand and Growing Business Opportunities 2021 to …
One of the world's leading market research firms, MarketInsightsReports is pleased to announce its new Esports Market report 2021-2027, covering all aspects of the market and providing up-to-date data on current trends. The Esports Market Report is a valuable source of insightful data for business strategists.The Report provides industry overview and growth analysis, historical and future cost, revenue, supply and demand data, detailed description of the value chain and its distributor analysis. This market research
Esports: Douyu, Huya, Twitch and YouTube
Report Highlights: The global esports market should reach $5 billion by 2024 from $1.3 billion in 2019 at a compound annual growth rate (CAGR) of 31.5% for the forecast period of 2019 to 2024. Get Free PDF sample brochure @ The global gaming industry is rapidly changing with technological advancements, new business models and greater regulation. Over the past decade, the market for esports or competitive gaming, has also grown across
Esports Market
AMR Market Research offers the latest published report on Esports Market Research Report 2019 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 75 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing, and profitability. The report covers the present scenario and the growth prospects of the Esports market for 2017-2020. The report
02-01-2019 | Sports
Global eSports Market : Infrastructural Advancements Set to Boost Growth during …
The eSports market is likely to surpass US$ 6,000 million by 2028-end on account of sizeable sponsorships, growing smartphone adoption, introduction of virtual reality and ameliorating eSports infrastructure. A new study on the global eSports market by Fact.MR estimates global revenues to grow by 7x through 2028. As the commercial platform of eSports industry includes the amalgamation of multiple avenues across industries starting from an eSports infrastructure to the broadcast media,
10-24-2018 | Sports
Global E-Sports Market: Technological Improvements Steering Growth during 2018-2 …
As eSports continues to gain popularity and attract increasing viewership, leading industry titans are sponsoring the tournaments and teams of the eSports. Brands such as Coca-Cola, McDonald’s, BMW, Adidas and Intel among others and gaming hardware companies such as SteelSeries are sponsoring the eSports tournaments with huge investments to leverage the exposure of a huge audience base. In addition, the eSports Market is witnessing a considerable number of partnerships among