Esports Market Size, Share, & Growth Report
Esports Market Esports Market is predicted to expand at a promising rate over the forecast period, owing to rapid digitalization and lower cost of sophisticated gaming technology. Rising number of gamers, expansion across gaming sector, and growing number of tournaments with lucrative prizes are some of the major factors driving the Esports market size. Intensified investment by leading players including Coca Cola, Adidas, and BMW to sponsor a vast audience base and growing penetration of online smartphone and video gaming will further fuel the esports market growth . In addition, universities and colleges have developed Esports programs to inculcate skills in professionals which will pave the way for market. Sponsorships segment is projected to grow at a higher CAGR over the forecast period. Sponsorships help different brand to reach their target customers directly using online and offline mediums such as booths, posters, and video-displays. Thus, several leadin...