The gaming market, already valued at $150B, continues to grow with an increasing user base alongside increasing spending. Today there are 3.1 billion people that play video games worldwide. Esports is one of the fastest-growing industries, with the fan base specifically growing year on year.
Between 2021-2025, forecasts show a CAGR of 9.32%, resulting in revenues of $223 billion by 2025.
Year | Revenue | Global Viewership |
---|---|---|
2020 | $970M | 436M |
2021 | $1.28B | 474M |
2025 | $2.89B | 577M |