As one of the fastest-growing industries in the world, the esports market has witnessed a remarkable growth in both revenue and viewership over the years. With coronavirus lockdown rules in place and the growing number of people spending more time indoors and online, the constantly growing esports fan base is set to reach new record highs this year.
According to data gathered by GoldenCasinoNews, the number of esports viewers is expected to reach 495 million in 2020, or 25% more compared to 2017 figures.
The Number of Frequent Viewers Jumped 30% Since 2017
The eSports market has tremendously expanded in recent years, with more and more viewers tuning in to watch some of the best gamers in the world. In 2017, there were 395 million esports viewers around the globe, revealed Statista and Newzoo data. Around 173 million of them were frequent viewers and esports enthusiasts, and another 222 million were occasional viewers.
Blue Star Capital plc (LON:BLU) has invested approximately £150,000 in each of six esports businesses. The esports sector is experiencing significant growth and according to estimates by games and esports analytics provider Newzoo, may see total global esports market revenue increase to US$1.1 billion for 2019.