Esports are growing in popularity around the world. This year, over 380 million people will watch esports competitions, which will create a $1.5 billion market. What are the benefits of esports? How can students get involved? Read on to discover the structure and practice of esports. Also learn how to be a part of the growing market. After reading this article, you will be able to make your own decisions about esports.
380 million people worldwide will watch esports
This year alone, 380 million people will be watching eSports. A recent survey by technology consulting firm Activate estimates that 165 million of these people are fans of the competitive video games. These fans, who are mostly in North America, are so obsessed with eSports that they are willing to travel from their homes to watch live competitions. As a result, eSports events are expected to attract large crowds, rivaling traditional professional sports.
$1.5 billion market
Deloitte estimates that by 2020, the esports industry will bring in a total of $1.5 billion in revenue worldwide, with more than 600 million fans. That’s almost a third of the NBA’s annual revenues. Its growth is expected to be fueled by the launch of a professional league in the NBA, as well as the growing popularity of the Overwatch League. Those numbers don’t even include the money generated from merchandise and ticket sales from live tournaments.
There are several fundamental prerequisites for esports participation. Players must have basic computer, media, and networking skills. In addition, they must be able to manipulate game settings, such as mouse speed. They must also be familiar with menu structures and the use of communication options. Lastly, players must have knowledge of the game environment and how to deal with technical problems. Here are a few examples of what these requirements look like:
Many professional gamers train rigorously to compete in esports. They may use weightlifting or martial arts to build muscle, but esports players must determine which form of fitness is best for their particular skill. Proper training keeps them in top gaming condition. There are several types of practice, from team games to casual game play. Listed below are some tips to get started with esports. Practice esports effectively to improve your skills.
Many esports professionals have turned to streaming to earn extra income. The esports community is unlike any other gaming community. Not only are the players highly skilled, but they can also buy avatars to appear on their streams. Even the spectators can join in the fun by purchasing a stream avatar. However, if you want to become a successful esports player, you must know how to market yourself.
As esports grows, the need for player associations in the industry is likely to grow as well. While MLB in the early 1900s was an example of player associations, esports leagues have lacked these in recent years. In addition, there are several differences in the demographics and genres of games. As such, a standardized players association is unlikely to solve these differences. In such cases, the players will form their own associations.
Opportunities for non-endemic brands
Non-endemic brands can take advantage of the growing popularity of esports to expand their brand reach. Although they may not have a gaming background or an endemic brand, many brands have noticed that their audience is largely engaged with this genre of entertainment. The potential to reach a wide, new audience has many benefits, especially since this type of gaming has a very high engagement rate.