Esports is a growing industry with many interesting facts and statistics. These statistics are only expected to grow in the coming years due to the acceptance of esports. Esports is sometimes called electronic sports. The idea of people playing video games for prizes and recognition has been around for a while, but esports has rapidly grown as a profitable industry in the last ten years. The idea behind esports is to have video gamers compete against each other in various video games in front of an audience.
We have compiled a list of some interesting facts and statistics about esports, which will expand in 2022. Let’s dive in and find some facts to blow your mind with.
- Esports Market Growth Stats:
The popularity of esports has increased recently. And so has the worth of its market. The esports market worldwide was worth $957.5 million in 2019. Over the last two years, this amount has increased by over 10%, reaching nearly $1.08 billion. This Esports sector increase occurs despite a modest decline to $947.1 million caused by the epidemic. The Esports market will be worth over $1.62 billion by 2024. The esports ecosystem includes tournaments, media rights and advertising.
- Regional Esports Stats:
The next largest regional Esports market is about $100 million less than the projected value of the Chinese Esports market, which is $360.1 million. According to estimates, the US esports market is valued at $243 million. Currently, it is the second largest regional Esports market. The Esports market in Western Europe is considered worth $205.8 million. By 2023, the US is expected to hold the largest market share in esports. In 2023, the US will hold a 28.7% market share in esports. This is 6.9% more than the estimated market share for China, the current leader in Esports (21.8%) in 2023. With a share of 18.2%, South Korea comes in third in the estimated market share of esports.
- Esports Players Statistics:
Johan Sundstein earned the most in Esports as of October 2022. To date, he has earned $7.18 million in total. Six Esports competitors have won more than $5 million to date. And 133 have earned more than $1 million altogether. Sasha Hostyn, also known as Scarlett, is the highest-paid female Esports player as of October 2022, earning over $430,000, or about 18 times less than the highest paid male player. Three female Esports athletes now have winnings totalling more than $100,000. In addition, 161 female Esports competitors have received $10,000 or more.
- Esports Viewer Statistics:
The number of esports viewers increased year over year between 2019 and 2021. There were 197 million estimated Esports fans in 2019. additionally, 200.8 million sporadic Esports watchers. In 2021, these estimates climbed to 234 million Esports enthusiasts. Two hundred forty million additional sporadic Esports watchers. 285.7 million people are projected to be Esports fans by 2024.
Additionally, estimates reveal that the Asia Pacific region accounts for 57% of all Esports views, 41% more than any other region. There are a further 291.6 million sporadic viewers. Approximately 16% of views come from Europe. At the same time, 12% of views come from North America. The rest of the world makes up the remaining 15%.
The ever-increasing popularity of Esports is something to be celebrated. It helps to broaden our mindset and culture as humans. It is a major growth industry that may need to be aware of and therefore does not think deeply about. Esports brings people together from all walks of life and can unite them for common goals. With its rapid expansion, the amount of money being exchanged in the industry is also growing incredibly.
The market will only continue to rise as time goes on, and current figures reveal that it will reach incredible heights by the end of the year. This will be looked into in detail further on down the line as Esports development continues to blossom and flourish.
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