North America Esports Market Forecast 2022-2030
KEY FINDINGS
The North America eSports market is expected to grow at a CAGR of 21.87% during the forecast period, 2022-2030. The increasing franchises and sponsorships and high price money for the top players drive market growth.
MARKET INSIGHTS
Canada and the United States are evaluated for the North America eSports market growth assessment. Canada’s diverse gaming industry is thriving, encompassing online gambling to fantasy football and online multiplayer first-person shooter games. Gaming is a lucrative business in the country, offering employment to artists, programmers, producers, and game designers.
Further, technological advancements, innovations, shifting public perception, and consumer preferences for new products contribute to market growth. Also, such aspects have attracted the attention of international companies seeking a strong presence in Canada. In addition, capital investment and new businesses have benefited local economies. Moreover, new product launches and market entry collaborations are common among vendors. For instance, OverActive Media, a Canadian eSports and entertainment company, and EPOS, a Danish audio and video company, announced a multi-year partnership in January 2021.
Besides, in the United States, many popular eSports have adopted a franchise model. At the same time, the eSports industry in the country is devoid of regulations. This is attributed to the unique relationship between the states and the federal government, with each state having its own set of laws for eSports tournaments and leagues. Such aspects constitute the North American eSports market.
COMPETITIVE INSIGHTS
Some of the prominent firms in the market include Activision Blizzard, Capcom Co Ltd, Epic Games, Electronic Arts, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
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