Why Esports Is The Next Big Thing?
Esports is a form of competition using video games. Most commonly, esports takes the form of organized, multiplayer video game competitions, particularly between professional players. The most common video games genres in esports are real-time strategy, first-person shooter, and multiplayer online battle arena.
The Growth of Esports
Statistic show that the global esports market will reach $1.1 billion by the end of 2019, with a year-over-year growth of 27.5%. This is due to the continuous growth in popularity of video games, as well as the increasing amount of prize money and investment in the industry. With the recent introduction of esports to the Asian Games and the upcoming 2020 Tokyo Olympics, it is clear that esports is here to stay.
The global esports market is expected to reach $1.1 billion by 2020
With the global esports market expected to reach $1.1 billion by 2020, it’s no wonder that brands are starting to get involved in the space.
While there are a number of different reasons why brands should be involved in esports, one of the most important is that esports offers a way to reach a highly engaged and valuable audience.
For example, a recent study by Nielsen found that US esports fans are more valuable to brands than traditional sports fans. This is because they are more engaged with brands (42% vs 32%), more open to trying new products (40% vs 28%), and more likely to recommend products to others (38% vs 26%).
What’s more, another study found that 64% of US millennials believe that branded merchandise from their favorite team or player makes them feel more connected to the team or player. This means that there is a real opportunity for brands to forge deep and lasting relationships with their target audiences through esports.
So, if you’re looking for a way to connect with millennials and Generation Z consumers, then esports should be on your radar.
The number of esports enthusiasts is expected to reach 385 million by 2017
The esports industry is growing rapidly and is expected to be worth over $1 billion by 2017. The number of esports enthusiasts is expected to reach 385 million by 2017, with the majority being in Asia Pacific.
The popularity of esports has led to the development of professional leagues, tournaments, and teams. The top 10 teams in the world are currently valued at over $250 million. The prize pools for some of the largest tournaments can reach over $10 million.
The growth of esports has also been driven by the increasing availability of live streaming platforms such as Twitch and Azubu, which allow viewers to watch matches live. The Twitch platform alone had over 100 million unique viewers in 2016.
As the esports industry continues to grow, it is expected to have a positive impact on the global economy. It is estimated that the esports industry will generate $1.5 billion in revenue by 2020 and create jobs for over 150,000 people.
The Popularity of Esports
Esports is growing in popularity every single day. Big name companies are starting to invest in it, celebrities are becoming involved, and more and more people are watching it. But why is it so popular? Let’s take a look at some of the reasons why esports is the next big thing.
Esports is one of the most watched sports genres on Twitch
Esports is one of the most watched sports genres on Twitch, with around 14.5 million unique viewers tuning in to watch professional gamers compete each month. But what makes esports so popular?
There are a few reasons. First, esports is incredibly fast-paced and exciting to watch. Unlike traditional sports like football or basketball, which can sometimes be slow and predictable, esports is always action-packed. There are times when entire matches can be decided in just a few seconds, which keeps viewers on the edge of their seats.
Second, esports is very easy to understand, even for people who have never played video games before. Unlike traditional sports, which can be confusing to newcomers because of all the rules and jargon, esports is easy to follow thanks to its simple objective: kill the other team before they kill you. This makes it much more accessible than traditional sports, which can often be off-putting to new viewers.
Finally, esports has a very strong community of dedicated fans who are always eager to support their favorite players and teams. This fan support creates a sense of belonging and community that is often lacking in traditional sports, making esports a more enjoyable experience for everyone involved.
The League of Legends World Championship had a peak of 14 million concurrent viewers in 2016
In 2016, the League of Legends World Championship had a peak of 14 million concurrent viewers, with a total of 43 million unique viewers tuning in over the course of the tournament. This made it the most-watched esports event of all time, as well as the most-watched event in League of Legends history.
It’s no surprise that esports is on the rise, with more people playing and watching competitive video games than ever before. With tournaments offering large cash prizes and millions of dollars in sponsorship deals up for grabs, it’s clear that esports is big business.
And it’s not just the professional scene that is thriving; grassroots gaming communities are growing at an alarming rate too. In fact, there are now more people playing video games recreationally than there are professionally.
So, what is it that makes esports so popular? Well, there are a number of factors…
For one, anyone can play. Unlike traditional sports where you need to be physically gifted to compete at a high level, all you need to be a good gamer is practice and dedication. This means that anyone can dream of becoming a professional player, regardless of their background or physical ability.
What’s more, thanks to streaming platforms like Twitch and YouTube Gaming, it’s easier than ever before to watch your favorite gamers play live. This has helped to create a sense of community and connection between players and fans alike.
And finally, there’s the fact that competitive gaming is just darn entertaining! Whether you’re watching or playing yourself, there’s an exhilaration that comes from seeing two teams or players go head-to-head in an attempt to come out on top.
It’s easy to see why esports is becoming increasingly popular all over the world. With its inclusive nature and global reach, it seems like there’s no stopping this phenomenon any time soon!
The Benefits of Esports
Esports is a rapidly growing industry with many benefits. It is a great way to make money, meet new people, and improve your skills. Esports is also a great way to stay fit and healthy.
Esports can be used to promote physical activity and healthy living
The term “esports” covers a wide range of activities, but at its heart, it is all about competitive gaming. This can be done in person or online, with players battling it out either individually or as teams.
While some people might see esports as nothing more than a bit of fun, there is actually a lot of evidence to suggest that it can have some very real benefits. For instance, research has shown that playing esports can help to promote physical activity and healthy living.
This is because many esports games require players to be active in order to be successful. For example, games such as dance Dance Revolution and Wii Fit require players to get up and move around in order to play. This means that people who play these games are getting some much-needed exercise.
In addition, research has also shown that esports can help to improve mental health. This is because playing competitive games can help to reduce stress and anxiety levels. Games such as League of Legends and Dota 2 have been shown to have a positive effect on mental health.
So, what does all of this mean for the future of esports?
Well, it is clear that Esports has a lot of potential. Not only can it be used to promote physical activity and healthy living, but it can also help to improve mental health. With this in mind, it is likely that we will see even more people taking up esports in the future.
Esports can be used to teach teamwork and communication skills
Numerous studies have shown that playing team-based video games can help improve teamwork and communication skills. For example, a 2017 study by the University of Utah found that students who played the multiplayer online game “League of Legends” were better able to communicate and cooperate with others, and also had better problem-solving skills.
Similar findings have been reported by other studies. For instance, a 2016 study published in the journal “Computers in Human Behavior” found that people who played team-based video games were better at working together to achieve goals. And a 2013 study published in the journal “PLoS ONE” found that people who played the video game “World of Warcraft” were better at problem solving and team conflict resolution than those who didn’t play video games.
Thus, it appears that playing team-based esports can help improve teamwork and communication skills. This is likely due to the fact that players need to work together closely in order to win, and this requires good communication. In addition, esports also require good strategic thinking and problem-solving skills. As such, playing esports can help develop these skills as well.
Esports can be used to improve problem-solving skills
It has been argued that esports can be used to improve problem-solving skills. A study published in Frontiers in Psychology found that playing esports can help improve cognitive skills, including problem-solving and multiplayer thinking skills. The study also found that esports can help reduce anxiety and depression.
