Is the esports industry bigger than sports?

The global sports market makes between $300 billion to $600 billion a year in revenue. In comparison, the global eSports market generates less than one percent of that revenue annually. However, the pace at which it is growing is many times faster than any traditional sport.

196.4K

995.8K views
2023-08-06 00:27:54

Show all Q/A Info

Will esports be bigger than sports?
It's estimated that the global sports industry will grow to a value of around $350 billion by 2031. By the same time, the esports industry is expected to be worth around $3.5 billion, suggesting immediately that the esports vertical is worth a mere 10% of the value of the sports industry.
2024-02-07 01:34:22

Is the gaming industry bigger than hollywood?
Video games have a lot of advantages over movies when it comes to making money, and they know it. The FTC has noted that video games are now five times as big an industry as the movie industry.
2024-01-21 08:11:38

Is esports more popular than sports in korea?
Esports is the Most Popular Sport in Korea
Additionally, the government has supported the growth of esports in the country, recognizing it as a legitimate form of sport. As a result, there are many professional esports teams in South Korea, and the country has hosted several major international esports tournaments.
2023-08-25 01:59:48

Is esports bigger than real sports?
It's estimated that the global sports industry will grow to a value of around $350 billion by 2031. By the same time, the esports industry is expected to be worth around $3.5 billion, suggesting immediately that the esports vertical is worth a mere 10% of the value of the sports industry.
2023-06-13 13:20:31

Recommended Next Q/A: