Who says video games are a waste of time?
Pro Gaming is an estimated $1 Billion industry1 — and the full force of its economic explosion is yet to strike.
Competitive video gaming has evolved into a global phenomenon involving pro leagues, contracted players and millions of dollars in prize money. Here are the facts surrounding the eSport revolution.
What are eSports?
eSports are competitive video game matches or tournaments. Competitors make millions through:
Revenue from streamed matches
The biggest eSport games are formatted for multiplayer online battle arenas. Booming games include:
Highest prize pools of any eSport: $11 Million won by team OG in 20182
League of Legends
Most played game in US and Europe3 Up to 7.5 million people playing concurrently at any one time
Fastest-growing game of all time: Amassed 125 million players in a single year4
Twitch online channel:
Bought by Amazon in 2014 for $970 million. Analysts say it could be worth $20 billion by 202011
More than 100 million viewers watch video game play each month — leaving the Super Bowl in eSports’ wake.12
By the end of this year, 1.6 billion people — one fifth of the world’s population — will know something about eSports:14
Forecast to rise 144%
$655 million (2017) to $1.6 billion by 202116