Esports, or professional video game competitions, has grown from a hobby into a multi-billion dollar industry attracting millions of viewers and significant investments from around the world. Esports began its development in the 1990s with the emergence of the first tournaments for games such as Quake and StarCraft. These competitions attracted the attention of enthusiasts and laid the foundation for future tournaments. However, significant growth in esports began in the 2000s with the advent of high-speed internet and improved streaming technologies.
The esports industry has shown impressive growth rates in recent years. According to analytics companies, the global esports market was valued at over $1 billion in 2021, with further growth forecasted for the coming years. The main sources of revenue are sponsorship, advertising, ticket sales and merchandising.
Many large corporations and brands actively support the development of esports, investing heavily in teams, tournaments and infrastructure. Among them are such giants as:
These companies see huge potential in esports to attract new audiences and create brand loyalty among young people.
Some esports disciplines attract more investment and viewers than others. The most popular ones include:
Esports continues to develop rapidly, attracting more and more investment and attention from large corporations. The industry is becoming more professional and organized, which contributes to its further growth and popularization. Large brands such as Intel, Coca-Cola, Nike and Red Bull actively support esports, seeing huge business potential in it.
The most popular esports disciplines such as League of Legends, Dota 2, CS, Fortnite and Overwatch continue to attract significant investment and a huge number of viewers. Esports is becoming an integral part of modern culture and economy, opening up new opportunities for investors and participants.