ESports Market 2018 Analysis by Growth, Overview, Competitive Strategies and Forecast to 2026


Posted February 18, 2019 by NickJorden7

According to Verified Market Research, the Global ESports Market was valued at USD 915.30 million in 2018 and is expected to reach a value of USD 2,976.74 million by 2025 at a CAGR of 18.35% over the forecast period of 2018–2025.

 
What is ESports Market?
Due to a sedentary lifestyle, kids are getting more attracted towards ESports. ESports can be described as an organized video game competition which includes fighting, first-person shooter, multiplayer online battle arena tournaments or massively multiplayer online games. There are various famous ESports such as Call of Duty and Mortal Kombat. The scope of eSports is expected to grow with increasing digital transformation. This suggests that the eSports industry will flourish in the upcoming years.

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Global ESports Market Outlook
In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
The major aspect which will mainly affect the ESports market in the forecast period can be increased popularity of online video games and growing awareness about ESports. However, the threat from ESport gambling could be a restraint for the global market which could affect the growth of the overall market.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global ESports Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market. This can be of great use in gaining knowledge about the cutting-edge technologies in the market.
Global ESports Market Competitive Landscape
The “ESports Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Modern Times Group, Activision Blizzard, Valve Corporation, CJ Corporation, Electronic Arts, Nintendo, Turner Broadcasting System, Faceit and Gfinity. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Issued By VMR
Country United States
Categories Blogging , Business , Consumer
Tags esports market
Last Updated February 18, 2019