August 13, 2021

Esports Industry Growth Underestimated, Will Exceed $2.5 Billion in 2022

Most projections estimate that the esports industry for competitive video gaming will surpass $1 billion in revenue in 2021. Further, Newzoo projects the industry to maintain a 15% annual growth rate reaching $1.8 billion by 2022, with revenue flowing into esports through media rights, live event ticket sales, merchandise sales, and in-game purchases, but most […]

March 12, 2021

Esports Industry to Reach $1.1 Billion in 2021 Revenue

According to Newzoo, a leading gaming and esports market analytics firm, global esports industry revenue will hit $1.084 billion in 2021. This is an increase of 14.5%, up from $947.1 million in 2020, with media rights and sponsorships contributing to over 75% of total esports revenue. Newzoo Report In its Global Esports and Live Streaming […]

December 29, 2020

Top 5 Esports Industry Trends in 2021

The gaming industry has been evolving year-after-year with evolving technology. The astronomical rise of esports in the last few years is reshaping the industry and is visible through its increasing worldwide fanbase and new trends, especially in 2021. We have seen massive growth in viewership and demographics in esports like CS:GO, Overwatch, Dota 2, Fortnite, […]