eSports: Electronic Games Become Spectator Sports, Business and Industry Trends Analysis

Big news in video games is the growing number of enthusiasts who are interested in gathering to watch other people play them.  Gaming as a spectator sport is attracting viewers in the millions, most of whom pay for the privilege.  According to Newzoo BV, 495 million people were expected to either watch video game competitions or participate in game play by individuals in 2020, on a global basis, up 11.7% over 2019.  eSports were expected to generate $1.1 billion in revenue in 2020, up 15.7% from 2019’s $950.6 million.  Media rights and sponsorship were expected to generate $822.4 million in…

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