How Much Is The Esports Industry Worth in 2021?
How Much Is The Esports Industry Worth in 2021? – We take a look at the current state of the industry and make some predictions for the future.
The global esports market is forecast to grow to $1.1 billion in 2021
The esports industry is growing rapidly, with the global esports market forecast to reach $1.1 billion in 2021. This growth is being driven by the increasing popularity of esports, the growth of the professional esports scene, and the rise of esports betting.
This is up from $696 million in 2017
According to Newzoo, the global esports market is forecast to grow to $1.1 billion in 2021. This is up from $696 million in 2017. The company attributes this growth to an increase in investment from brands, media rights, and sponsorship deals.
With the industry expected to continue growing at a rapid pace, it’s no surprise that many are wondering how much it’s worth. Unfortunately, there is no easy answer as the industry is still in its early stages and there is a lack of standardization when it comes to valuing esports companies.
That said, Based on the available data, it’s safe to say that the esports industry is currently worth billions of dollars and is only expected to grow in the coming years.
