eSports boom could attract as much as 600 million viewers by 2020
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The world of eSports has quickly grown out of its initial niche market to a worldwide phenomenon. In particular, eSports players in Asia are celebrated as superstars with sponsors and earnings in the millions. Titles such as FIFA 17, Counter-Strike: GO, LoL, and DOTA 2 are all growing in popularity despite the old age of many of these games.
This is all according to market research firm Newzoo who specializes in tracking the gaming market and its trends. The firm is predicting this year to be the biggest for the eSports market with viewership rising up to 385 million users from both online and over-the-air sources. By 2020, the source is expecting the number of viewers to rise dramatically to nearly 600 million with revenue reaching 1.5 billion USD. Gamers are expected to spend about 4 billion Euros in games and gaming accessories this year alone.
Furthermore, Newzoo has pinpointed Germany to be the biggest gaming market in Europe and the fifth largest worldwide. with nearly 1 billion Euros in revenue from PC and MMO gamers. About half of the gamers in the country also own a home console.