Esports Global Market Report 2020: Covid-19 Growth And Change from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global esports market.
This report focuses on the esports market which is experiencing strong growth. The report gives a guide to the esports market which will be of significance over the next ten years and beyond, including the market’s response to the challenge of the global pandemic.
The global esports market is expected to grow from USD 1,09 billion in 2019 to USD 1,11 billion in 2020 at a growth rate of 2,16%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the Covid-19 outbreak and the measures to contain it.
The market is then expected to grow and reach USD 2,11 billion in 2023 at a rate of about 23,82%. The rising demand for video games and increasing awareness of esports contribute to the growth of the esports market.
You can read more about the report here.