A Look at the Competitive Gaming Industry and Why It’s Booming
Competitive gaming is held all over the world. Now, the gaming industry is booming and this is all thanks to eSports. So, what exactly is eSports?
What is eSports?
eSports is a world of organized and competitive gaming. Different teams and leagues take part in competitions in the same games which are usually popular with gamers all around the world.
These include Fortnite, Counter-Strike, Call of Duty, and Overwatch among others.
These competitors are watched by millions of fans around the world. They watch it online and some are even willing to attend live events.
There is also the streaming sector where at-home gamers play popular games while interacting with viewers live.
Who watches eSports?
There are many people who watch eSports. It’s not just gamers or developers. Some are also 6-year-old kids and some are adults. eSports is entertaining to watch. It’s no surprise that different people from varying demographics would want to watch it.
But what’s important to note here is that according to a report, approximately 380 million people worldwide watch eSports. They also say that more than half of them aren’t exactly frequent viewers or gaming enthusiasts.
People who watch eSports mostly come from China, South Korea, and North America.
You can now also bet on eSports which makes it more interested for the older generation which then been very interested in following the sport. There are plenty of sites who previously only had experts on online casino who has now also started to offer bettings tips on eSports.
Who plays eSports?
Just like the number of people who watch eSports, there are also many people playing eSports. As far as sports are concerned, players are those who aren’t exactly athletic but are experts in the field of gaming.
Although not all of them are considered the best of the best, their team is what matters. The same with traditional sports, the team works as one.
Gamers who play eSports are usually those popular in streaming. However, don’t forget that there are people out there that are not streaming who still play as good as these popular streamers.
Why is eSports booming?
So why is eSports booming, you say? Believe it or not, there’s a lucrative market not only for the players but also for the brand and developers.
In fact, eSports revenue has reached $900 million worldwide. Of course, players are making big money from it. Tournaments are one way to boost this revenue. Not only players but the eSports sector is earning from ticket sales. It´s starting to beat the earnings that people could get from a casino jackpot.
eSports will continue to grow in an unstoppable momentum. What’s more, there are many technologies out there that are making it even trendier, such as virtual reality and interactive gaming.