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Thursday, January 21, 2021

MonEy – The Business of eSports (Electronic Sports) & its Growth – Infographic

eSports means Electronic Sports – a form of organised, competitive gaming between professional gamers. Competitions are organised by several local and international organisations around the world, and the sport is rapidly growing in popularity. In 2017, revenue from esports grew to over $650m and has grown year on year. This is set to continue into 2020 and revenue from electronic sports will soon surpasses that of mainstream sports if the current trajectory is maintained.

Overall, China and North America contributed $362m to global esports revenues in 2017, that’s 52% of total revenue. These two continents have been key in the growth of esports, with consistently high viewing figures, attendances and prize pools. Sponsorship is currently the main source of income when it comes to revenue for electronic sports. However, media rights are the fastest growing segment, increasing by 81.5% in 2017. The highest earning countries by esports competitors are spread across the world with China, United States and South Korea being the highest. In 2017, electronic sports players from China won over $68m.

Electronic sports is becoming such a phenomenon that traditional sports teams are starting to take notice. Football teams such as VfB Stuttgart, FC Basel, Ajax and Empoli all have over three professional esports players each to participate worldwide FIFA tournaments, and it doesn’t stop there. In 2016, The Philadelphia 76’ers became the first North American professional sports team to purchase two esports teams, Dignitas and Apex. The rumoured price was between $5m and $15m.

One of the biggest signs of how big esports is getting is the largest prize pool ever offered at a professional event. The recent The International 2017, in which pro Dota 2 players fight it out to see who has what it takes to become the Champion, offered $24.7m as a combined prize pool for competitors. 2018 is set to be an even bigger year for esports!

Let’s Tak About eSports Business MonEy Infographic

Today on TechAtLast, we are publishing an infograph on electronic sport titled; MonEY – The Business of Electronic Sports. eSports’ MonEy infographic tells about the beautiful business of electronic sports and the growth ratio and the profitability of the venture.

MonEy - The Business of eSports (Electronic Sports)
MonEy Infographic Tells About The Business of Electronic Sports, popularly known as eSports across the world.

MonEy infographic focuses on the business of electronic sports and the monetary aspect of the game.

Olawale Danielhttps://olawaledaniel.com/
Olawale Daniel is a business builder and psychologist, a network marketing professional, a world-class motivational speaker, a successful internet entrepreneur and a digital media strategist interested in all things mobile and digital — start-ups, media, branding. He started TechAtLast back in 2010 as a platform to quench his thirst for latest technologies. As a motivational speaker and author, Olawale has published several motivational and personal development books and he's currently working on "SUCCESS AHEAD - Don't Quit" which is billed to hit the stand by Q4 of the year. He writes regularly on his personal website on motivation and personal lifestyle and tips for network marketing success, OlawaleDaniel.com. His latest book on How to Sponsor More People in Your Network Marketing Business is still one of the best sellers in its category. He's presently working as a Health and Wellness consultant at BURN SLIM TRIM Inc., a firm that helps people regain their perfect lifestyle through state-of-the-art recent discoveries way back from nature. He's also the brain behind FOBCourse, a business university for startup entrepreneurs in Africa.

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