Global Esports Market Size Expected to Hit USD 8.2 Billion During Forecast 2024-2032 | CAGR of 18%

𝐀𝐭𝐭𝐫𝐢𝐛𝐮𝐭𝐞𝐬 𝐚𝐧𝐝 𝐊𝐞𝐲 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐄𝐬𝐩𝐨𝐫𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

𝐁𝐚𝐬𝐞 𝐘𝐞𝐚𝐫: 2023
𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐘𝐞𝐚𝐫𝐬: 2024-2032
𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐘𝐞𝐚𝐫𝐬: 2018-2023
𝐔𝐧𝐢𝐭𝐬: USD Billion
𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐢𝐧 𝟐𝟎𝟐𝟑: USD 1.8 Billion
𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐢𝐧 𝟐𝟎𝟑𝟐: USD 8.2 Billion
𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐀𝐧𝐧𝐮𝐚𝐥 𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐚𝐭𝐞 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐: 18%

As indicated in the latest market research report published by IMARC Group, titled "𝐄𝐬𝐩𝐨𝐫𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐌𝐨𝐝𝐞𝐥 (𝐌𝐞𝐝𝐢𝐚 𝐑𝐢𝐠𝐡𝐭𝐬, 𝐀𝐝𝐯𝐞𝐫𝐭𝐢𝐬𝐢𝐧𝐠 𝐚𝐧𝐝 𝐒𝐩𝐨𝐧𝐬𝐨𝐫𝐬𝐡𝐢𝐩𝐬, 𝐌𝐞𝐫𝐜𝐡𝐚𝐧𝐝𝐢𝐬𝐞 𝐚𝐧𝐝 𝐓𝐢𝐜𝐤𝐞𝐭𝐬, 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦 (𝐏𝐂-𝐛𝐚𝐬𝐞𝐝 𝐄𝐬𝐩𝐨𝐫𝐭𝐬, 𝐂𝐨𝐧𝐬𝐨𝐥𝐞𝐬-𝐛𝐚𝐬𝐞𝐝 𝐄𝐬𝐩𝐨𝐫𝐭𝐬, 𝐌𝐨𝐛𝐢𝐥𝐞 𝐚𝐧𝐝 𝐓𝐚𝐛𝐥𝐞𝐭𝐬), 𝐆𝐚𝐦𝐞𝐬 (𝐌𝐮𝐥𝐭𝐢𝐩𝐥𝐚𝐲𝐞𝐫 𝐎𝐧𝐥𝐢𝐧𝐞 𝐁𝐚𝐭𝐭𝐥𝐞 𝐀𝐫𝐞𝐧𝐚 (𝐌𝐎𝐁𝐀), 𝐏𝐥𝐚𝐲𝐞𝐫 𝐯𝐬 𝐏𝐥𝐚𝐲𝐞𝐫 (𝐏𝐯𝐏), 𝐅𝐢𝐫𝐬𝐭 𝐏𝐞𝐫𝐬𝐨𝐧 𝐒𝐡𝐨𝐨𝐭𝐞𝐫𝐬 (𝐅𝐏𝐒), 𝐑𝐞𝐚𝐥 𝐓𝐢𝐦𝐞 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 (𝐑𝐓𝐒)), 𝐚𝐧𝐝 𝐑𝐞𝐠𝐢𝐨𝐧 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐," this report provides an in-depth analysis of the industry, featuring insights into the global esports market. It encompasses competitor and regional analyses, as well as recent advancements in the market.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐬𝐩𝐨𝐫𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 & 𝐅𝐮𝐭𝐮𝐫𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥:

The global esports market size was valued 𝐔𝐒𝐃 𝟏.𝟖 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 in 2023. By 2032, this figure is projected to reach around 𝐔𝐒𝐃 𝟖.𝟐 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, with a compound annual growth rate (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟏𝟖% over the forecast period (2024-2032).

𝐂𝐨𝐫𝐞 𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The rising appeal of playing online as well as the rising number of gamers are driving the worldwide market. Moreover, the growing investments from large corporations and sponsors who want to make money from the massive fan base of esports tournaments improves the financial stability of the market. Additionally, advances in technology especially with streaming and VR provide better viewing experiences which has led to more people watching.

Furthermore, the emergence of high-speed Internet and the rise of smartphone use have opened up esports to a wider population. In addition, the creation of professional leagues as well as structured tournaments has created an official competition platform which has increased its legitimacy. The incorporation of esports into schools as part of their extracurricular activities boosts its development. The rising prize pools as well as the potential for a lucrative career in esports are continuing to attract talented athletes into the fold.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/esports-market/requestsample

𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The market is expanding because of the integration of esports in mainstream media channels as well as conventional sports channels. According to market analysis the wide range of genres of esports games that range from strategy games and sports-related simulations has led to a broad players. The increasing popularity of cross-platform gaming, which allows gamers to play across multiple devices, is a further reason to broaden the scope of market. Strategic partnerships between esports companies along with traditional sporting teams has created an innovative hybrid model that attracts gamers and sports fans.

The creation of esports arenas and the staging of massive-scale live events has enhanced the experience of spectators, resulting in increased fan participation. In addition, the introduction of esports in schools as a component of their curriculum has helped to nurture the next generation of talent and encouraging participation. The ongoing advancement of game design and the release of new titles keeps the market fresh and interesting. The internationalization of esports with international tournaments attracting spectators and competitors from all over the globe, underscores the wide appeal of the sport and its potential for expansion.

𝐀𝐧 𝐈𝐧-𝐃𝐞𝐩𝐭𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐄𝐬𝐩𝐨𝐫𝐭𝐬 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐛𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

• Activision Blizzard Inc.
• Capcom Co. Ltd.
• Electronic Arts Inc.
• Epic Games Inc.
• FACEIT
• Gameloft SE (Vivendi SE)
• Gfinity PLC
• Intel Corporation
• Modern Times Group
• Nintendo Co. Ltd.
• NVIDIA Corporation
• Riot Games Inc
• Valve Corporation
• Zynga Inc.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐅𝐞𝐚𝐭𝐮𝐫𝐢𝐧𝐠 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭𝐬, 𝐚𝐧𝐝 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/esports-market

𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 & 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐛𝐲 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐌𝐨𝐝𝐞𝐥:

• Media Rights
• Advertising and Sponsorships
• Merchandise and Tickets
• Others

According to the report, 𝐚𝐝𝐯𝐞𝐫𝐭𝐢𝐬𝐢𝐧𝐠 𝐚𝐧𝐝 𝐬𝐩𝐨𝐧𝐬𝐨𝐫𝐬𝐡𝐢𝐩𝐬 represented the largest segment.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐛𝐲 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦:

• PC-based Esports
• Consoles-based Esports
• Mobile and Tablets

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐛𝐲 𝐆𝐚𝐦𝐞𝐬:

• Multiplayer Online Battle Arena (MOBA)
• Player vs Player (PvP)
• First Person Shooters (FPS)
• Real Time Strategy (RTS)

According to the report, 𝐟𝐢𝐫𝐬𝐭 𝐩𝐞𝐫𝐬𝐨𝐧 𝐬𝐡𝐨𝐨𝐭𝐞𝐫𝐬 (𝐅𝐏𝐒) represented the largest segment.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐛𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

According to the report, the 𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 region is recognized as having the largest market share.

𝐊𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

• Historical Market Performance
• Future Market Projections
• Impact of COVID-19 on Market Dynamics
• Industry Competitive Analysis (Porter's Five Forces)
• Market Dynamics and Growth Drivers
• SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
• Market Ecosystem and Value Creation Framework
• Competitive Positioning and Benchmarking Strategies

𝐌𝐚𝐣𝐨𝐫 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

• This report provides market leaders and new entrants with accurate revenue estimates for the overall global market and its key subsegments.
• Stakeholders can leverage this report to gain a deeper understanding of the competitive landscape, enabling them to strategically position their businesses and develop effective go-to-market strategies.
• The report provides stakeholders with valuable insights into the market dynamics, offering a comprehensive analysis of key drivers, restraints, challenges, and opportunities.

𝐖𝐡𝐲 𝐂𝐡𝐨𝐨𝐬𝐞 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

• Extensive Industry Expertise
• Robust Research Methodology
• Insightful Data-Driven Analysis
• Precise Forecasting Capabilities
• Established Track Record of Success
• Global Reach with an Extensive Network
• Tailored Solutions to Meet Client Needs
• Commitment to Strong Client Relationships and Focus
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐎𝐮𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭𝐬 𝐟𝐨𝐫 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐑𝐞𝐪𝐮𝐞𝐬𝐭𝐬, 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧, 𝐚𝐧𝐝 𝐈𝐧𝐪𝐮𝐢𝐫𝐢𝐞𝐬 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.imarcgroup.com/request?type=report&id=4746&flag=C

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐒

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