While the debate continues as to why attendance and viewership for National Football League
and Major League Baseball
have been dropping the past few years, one thing for sure is that the popularity of eSports is exploding.In its 2018 Global eSports Market Report,
industry research group Newzoo
- In the coming year, the global eSports economy will grow to $905.6 million, up 38% YoY.
- The global eSports audience will reach 380 million this year, made up of 165 million eSports enthusiasts and 215 million occasional viewers.
The Rise of eSports
According to the global public relations website, the Holmes Report
, the eSports industry is growing exponentially, with media rights, advertising, merchandise sales, sponsorship opportunities, and revenue streams all increasing by double digits each year—and they see no end in sight.In a series of articles posted on its website, Foley.com
, a global law firm that focuses on