An esport is a spectator sport in which players compete in video games. Its revenue is estimated to reach $957.5 million in 2019. This growth is slightly less than Newzoo’s estimates. However, the market remains extremely lucrative for the companies involved in eSports. In order to stay competitive, eSports need to keep improving their competitiveness.
esports is a form of competition using video games
esports is a form of competitive gaming that takes advantage of the popularity of video games. Teams of players compete against one another in a particular game, typically a multiplayer shooter. The teams are organized by contract with different organizations and practice the games before competing.
Despite the popularity of esports, their legitimacy as a real sport remains contested. However, several major multinational events in Asia have included esports alongside traditional sports, and the International Olympic Committee has discussed the idea of including esports in future Olympics.
The growth of esports has been driven in part by the popularity of online streaming media. The popularity of professional esports has resulted in the development of online gaming sites, allowing fans to watch matches from anywhere. These video game tournaments draw huge audiences and offer huge cash prizes. Some of the biggest professional esports teams are Team Liquid and FaZe Clan.
Esports competition began in the mid-1990s with the development of the Internet. In the early 1990s, John Romero, Martin Graetz, and Wayne Wiitanen developed an online version of the game Spacewar! In the same year, a competition was held at Stanford University featuring the game Spacewar! The winner of the competition received a subscription to Rolling Stones magazine. While early computer games were difficult to play without expensive facilities, technological improvements brought esports to a broader audience.
Esports has become a big business with millions of players around the world. Many professional gamers are earning millions of dollars each year and are demonstrating the same athletic qualities as traditional sports athletes. In fact, esports has even made its way into the national college and university athletic associations.