New York, According to a new market research report published by Global Insight Services “Esports Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Esports includes things like gaming PCs, gaming consoles, gaming controllers, and other gaming accessories. It also includes the software used to run esports tournaments, such as tournament management software and streaming software.
The technology used in esports has evolved significantly over the years. Early esports competitions were often held in LAN cafes, with the participants using their own personal gaming equipment. This made it difficult to ensure a level playing field, as some players had better equipment than others.
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Key Trends and Drivers
The esports market has seen a lot of growth in recent years and this is set to continue in the coming years. There are a number of factors that are driving this growth and here we will discuss some of the key drivers.
One of the key drivers is the increasing popularity of esports. This is being driven by a number of factors including the increasing number of people who are watching esports, the increasing number of tournaments being held, and the increasing prize money that is up for grabs. This is making esports more and more attractive to both players and viewers alike.
Market Segments
By Application
- Platform
- Services
By Streaming Type
- On Demand
- Live
By Device Type
- Smart Phone
- Smart TV
- Desktop -laptop-tablets
- Gaming Console
Key Players
- Tencent
- Activision Blizzard
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Electronic Arts
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Take 2 Interactive
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Razer
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Huya
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Nazara Technologies
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Allied Esports
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Super League Gaming
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Esports Entertainment
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Reasons to buy Esports Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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