What is the billion-dollar industry eSports?

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For some people, the appearance at an EA Madden tournament in Jacksonville might be the first time eSports catch the attentions of the public light. However, in fact, the world of video gaming is a fast-growing international industry with millions of players generating billions of dollars. Internet empowered streaming services and live events turned casual gamers into serious celebrities who can earned seven-figure income and massive brand endorsements.

What is eSports?

eSports is the reflection of the competitive world of organized video gaming. Competitors from different leagues or teams compete in popular games battles that are popular such as: Fortnite, Counter-Strike, League of Legends, Call of Duty, Overwatch and Madden NFL, etc which are watched, played and followed by millions of fans all over the world. Some even attend live events or tune in on TV or online. Streaming services like Twitch allow audiences to watch as their favorite games are played in real time.

Who watches eSports?

According to a recent report, there are 380 million people worldwide watch eSports every year, including 165 million eSports enthusiasts, of which a majority are from North America, China and South Korea.

Especially, tournaments and other events can attract viewers as many as most traditional professional sports. For instance, the 2017 League of Legends World Championship attracted more than 80 million viewers. Even ESPN and Disney informed  their multi-billion dollar deal to broadcast the Overwatch League, an international league with 12 franchises shooter came. There were as many as 588 major esports events were held in 2017.

Who plays eSports?

As hard as it may be to imagine for fans of traditional sports leagues like the NFL or the NBA; eSports, at its highest levels, operates in a similar way. In fact, this April, the NBA hosted a trial for the launch of its new eSports basketball-themed league. During which, 102 professional eSports players were chosen, with all of the pomp and circumstance normally preserved for players on the court.

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