Esports Market Growth Statistics, Prominent Players Strategies, Size, Forthcoming Developments, Upcoming Investments And Forecast 2027 [MarketWatch]
Activision Blizzard, Inc (ATVI)
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Source: MarketWatch
at a rate of 24.4 % CAGR from 2021 to 2027, reaching almost US$ 6.32 Bn. in 2027. Esports Market Overview: The market is being driven by an increase in the number of viewers, increased live streaming, and increased people interaction activities. Because of the growing popularity of gaming tournaments, prize pools, and sponsorship, the industry has provided numerous chances for game developers, players, and event organisers. The majority of people are searching for a professional job. For many years, sponsors such as Intel and Red Bull have hosted the events. However, non-endemic corporations such as Arby's, Coca-Cola, and Mercedes entered the market last year, causing the industry to increase by 34%. Previously, esport was considered a sub-segment of gaming, but it is now recognised as a separate industry. The market is forecasted from 2021 to 2027 using 2020 as a base year. The market size for 2020 is based on actual figures and outputs from key companies and big players around
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