Esports, at $1.8 Billion by 2023, Seen as Promising for PC Makers, Streaming Services
Esports, once on the fringe of gaming culture, has “exploded in popularity” in recent years, with major competitions attracting more than 100,000 spectators and streaming channels including Twitch drawing millions of viewers for esports broadcasts, said Futuresource Tuesday. Overall industry…
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revenue is forecast to exceed $900 million this year, with an 18 percent compound annual growth rate to $1.8 billion through 2023. As key events attract viewing numbers comparable to tier 1 sporting competitions, securing exclusivity of major esports events will become important for traditional sports broadcasters and large esports streaming platforms, it said. Esports requires specific high-performance gaming PCs with advanced graphics and various gaming-related peripherals, and players typically carry their own keyboard and mouse to tournaments, with related peripherals including AV equipment for streaming, premium mics and headsets, HD webcams and gaming chairs. Competition among the PC and AV brands is expected to intensify in esports including specific solutions designed for schools and colleges, while major vendors look for sponsorship opportunities in key tournaments and with high-profile players. The U.S. leads the global field of esports PCs with 25 percent share, followed by Asia Pacific with 23.8 percent and Western Europe with 21.1 percent, Futuresource said.