The term “eSports” is characterized by regional or international video gaming events in which professional and amateur players compete against each other. In 2022, the global eSports market was valued at just over 1.38 billion U.S. dollars. Additionally, the eSports industry's global market revenue was forecast to grow to as much as 1.87 billion U.S. dollars in 2025. Asia and North America currently represent the largest eSports markets in terms of revenue, with China alone accounting for almost one fifth of the market.
Where does the eSports market get its revenue?
The largest share of eSports market revenue came from sponsorships and advertising in 2021. Altogether, the global eSports market revenue from sponsorships and advertising totaled 641 million U.S. dollars in 2021. The next highest source of revenue, in contrast, was media rights at just over 192 million U.S. dollars.
How many people watch eSports worldwide?
As of 2022, the worldwide eSports audience size reached 532 million people. In the years to come, more and more viewers are expected to tune in to watch their favorite games being played by some of the best gamers in the world. By 2025, there are expected to be over 640 million viewers of eSports worldwide.
eSports market revenue worldwide from 2020 to 2025
(in million U.S. dollars)
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Newzoo. (April 19, 2022). eSports market revenue worldwide from 2020 to 2025 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/490522/global-esports-market-revenue/
Newzoo. "eSports market revenue worldwide from 2020 to 2025 (in million U.S. dollars)." Chart. April 19, 2022. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/490522/global-esports-market-revenue/
Newzoo. (2022). eSports market revenue worldwide from 2020 to 2025 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/490522/global-esports-market-revenue/
Newzoo. "Esports Market Revenue Worldwide from 2020 to 2025 (in Million U.S. Dollars)." Statista, Statista Inc., 19 Apr 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/490522/global-esports-market-revenue/
Newzoo, eSports market revenue worldwide from 2020 to 2025 (in million U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/490522/global-esports-market-revenue/ (last visited November 13, 2024)
eSports market revenue worldwide from 2020 to 2025 (in million U.S. dollars) [Graph], Newzoo, April 19, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/490522/global-esports-market-revenue/