If you’re not familiar with eSport, it’s a form of competitive gaming that uses video games as its medium. A young, digitally savvy demographic and massive audience make it a popular spectator sport. eSports can be highly lucrative for businesses and investors alike. There are countless ways to get involved, including sponsorships, events, and prizes. Here are four ways to make your business successful with eSports.
eSports is a form of competition using video games
eSports is a form of organized video game competition that features professional gamers. These teams play one-on-one or in teams. The rules vary depending on the game, but most competitions are held on gaming PCs. Various video game developers actively design tournaments. There is a growing following for esports. A recent trend has been the emergence of professional teams for popular games.
It is a spectator sport
The esports industry is rapidly expanding into the realm of traditional spectator sports. The growth of esports has included streamed competitions, professional players, and live events at major offline venues. Esports competitions are often broadcast live on websites like Twitch, which allow viewers to watch gamers play their favorite video games. The popularity of esports has fueled the growth of the industry, and it is expected that these events will continue to expand in the future.
It has a digitally strong youth population
According to the Pew Research Center, nearly a third of American teenagers played video games last year. While most of these teenagers are engaged in extracurricular activities such as school sports, esports can reach and engage these youths. Esports programs in schools can also transport those who do not engage in common spaces from their digital gaming worlds to classrooms. Ultimately, students who are engaged in learning are more likely to graduate and pursue higher education.
It is growing fast
Despite its young age, esports are gaining popularity among consumers worldwide. According to Milken Institute, professional esports revenues will hit $1 billion by 2019 and will be a $15 billion industry by 2025. In addition, seventeen colleges offer athletic scholarships for competitive gamers. A few of these schools are already getting rich with esports. But why is esports so popular? Here are some reasons.