Esports

Global Esports Market to Reach US$15.7 Billion by 2030

The global market for Esports estimated at US$5.4 Billion in the year 2024, is expected to reach US$15.7 Billion by 2030, growing at a CAGR of 19.5% over the analysis period 2024-2030. Sponsorship Revenue, one of the segments analyzed in the report, is expected to record a 13.8% CAGR and reach US$4.1 Billion by the end of the analysis period. Growth in the Media Rights Revenue segment is estimated at 27.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.5 Billion While China is Forecast to Grow at 19.2% CAGR

The Esports market in the U.S. is estimated at US$1.5 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2030 trailing a CAGR of 19.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 16.4% and 16.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 13.4% CAGR.

Global Esports Market – Unveiling Key Trends & Growth Catalysts

Why Is Esports Redefining the Future of Competitive Gaming?

Esports has rapidly evolved from a niche gaming subculture into a multi-billion-dollar global industry, redefining competitive gaming and digital entertainment. Unlike traditional sports, esports encompasses organized, multiplayer video game competitions played at professional levels, attracting millions of viewers worldwide. The rise of streaming platforms such as Twitch, YouTube Gaming, and Facebook Gaming has provided unprecedented exposure for esports tournaments, allowing players to build massive followings and turning gaming into a viable career path. Titles like League of Legends, Counter-Strike: Global Offensive, Dota 2, and Fortnite have dominated the esports ecosystem, offering lucrative prize pools and high-stakes tournaments that rival traditional sporting events.

The growing mainstream acceptance of esports has been fueled by sponsorship deals, media rights agreements, and the increasing involvement of traditional sports organizations. Major brands such as Red Bull, Intel, Nike, and BMW have heavily invested in esports, recognizing its potential to engage younger audiences. Meanwhile, traditional sports franchises, including the NBA, NFL, and Formula 1, have launched their own esports leagues, bridging the gap between physical and digital sports. Additionally, universities and colleges worldwide have introduced esports programs and scholarships, legitimizing gaming as a career path and driving further growth. With global audiences and financial backing expanding, esports is cementing itself as one of the fastest-growing segments of the entertainment industry.

How Are Innovations and Technology Advancing the Esports Industry?

Technological advancements have played a crucial role in shaping the esports industry, enhancing both player performance and viewer experience. One of the most significant developments is the integration of artificial intelligence (AI) and data analytics, which provide real-time performance tracking, strategic insights, and game optimization. AI-driven analytics platforms are being used by teams and coaches to refine strategies, improve reaction times, and predict opponents` moves, giving players a competitive edge. Additionally, advancements in cloud gaming and 5G technology have significantly improved latency and game streaming quality, making competitive gaming more accessible across different regions.

Virtual reality (VR) and augmented reality (AR) are also making their mark on esports, creating immersive viewing experiences that bring fans closer to the action. Platforms like the Metaverse are exploring ways to host virtual esports events, allowing audiences to interact with players and fellow fans in digital arenas. Furthermore, blockchain technology and non-fungible tokens (NFTs) are revolutionizing in-game economies, enabling players to own, trade, and monetize digital assets within esports ecosystems. The rise of digital currencies and decentralized finance (DeFi) solutions has also introduced new monetization opportunities for esports players, streamers, and tournament organizers. As technological advancements continue to push the boundaries of gaming and entertainment, esports is evolving into an even more dynamic and immersive industry.

Which Segments Are Driving the Explosive Growth of Esports?

The esports market is segmented into several key areas, each contributing to the industry’s rapid expansion. The competitive gaming segment, comprising professional tournaments and leagues, remains the primary revenue driver. Global tournaments like The International, League of Legends World Championship, and Fortnite World Cup attract millions of live viewers and generate substantial prize pools through sponsorships, media rights, and ticket sales. Additionally, franchised esports leagues, such as the Overwatch League (OWL) and Call of Duty League (CDL), have introduced structured team ownership models, similar to traditional sports leagues, boosting long-term financial stability and player salaries.

The esports streaming and content creation segment has also seen remarkable growth, driven by platforms like Twitch, YouTube Gaming, and Facebook Gaming. Influencers and professional gamers have turned content creation into a full-time profession, monetizing through ad revenue, fan subscriptions, and brand partnerships. Additionally, mobile esports has become a significant growth area, especially in regions like Southeast Asia, India, and Latin America, where mobile gaming is more accessible than PC or console gaming. Titles such as PUBG Mobile, Mobile Legends, and Garena Free Fire have gained massive player bases, fueling the expansion of mobile esports tournaments. With increasing investment in gaming infrastructure, sponsorship deals, and content creation, esports continues to grow across multiple revenue streams.

What’s Driving the Unstoppable Growth of the Esports Market?

The growth in the global esports market is driven by several factors, including the increasing popularity of online gaming, the expansion of high-speed internet access, and the mainstream acceptance of esports as a legitimate entertainment industry. The rising youth engagement in digital gaming has fueled demand for competitive gaming events, leading to more investments from sponsors, advertisers, and media companies. The surge in mobile gaming has further contributed to esports expansion, allowing competitive gaming to reach regions where high-end gaming PCs and consoles are less accessible.

Additionally, the globalization of esports has been accelerated by streaming services and digital platforms that allow fans to watch live tournaments and engage with their favorite players in real-time. The growing involvement of major brands and traditional sports organizations has strengthened esports` financial ecosystem, providing stability and long-term growth opportunities. Governments and educational institutions are also recognizing esports as a viable industry, leading to increased funding, scholarships, and infrastructure development. Furthermore, advancements in gaming technology, including AI, VR, and blockchain, are unlocking new revenue streams and enhancing both player and viewer experiences. As the esports market continues to expand, driven by innovation, investment, and audience engagement, it is poised to become one of the dominant forces in the global entertainment landscape.

SCOPE OF STUDY:

The report analyzes the Esports market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Revenue Streams (Sponsorship, Media Rights, Advertising, Tickets & Merchandise, Game Publisher Fees); Device Type (Smart Phones, Gaming Consoles, Smart TVs, Other Device Types)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 221 Featured) -

• 123on
• 4D Sight
• Ability Games Private Limited
• Abios
• Alcacruz Inc.
• Allied Esports
• AllMid
• Ampverse
• Amuka Esports
• Anubis Gaming

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs CBob geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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