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Esports has become a booming industry in recent years, with millions of fans tuning in to watch their favorite players compete in popular games like League of Legends, Fortnite, and Overwatch. As the industry continues to grow, it's important for businesses and tournament organizers to stay up-to-date on the latest trends in order to stay competitive. Here are some of the top trends in esports business industry and tournament organization that you need to know:
Esports has caught the attention of major brands and investors, leading to a significant increase in sponsorship deals and investments in the industry. According to a recent report by Newzoo, global esports revenues are expected to reach $1.1 billion in 2020, with a large portion of that coming from sponsorships and investments.
| Year | Global Esports Revenue |
|---|---|
| 2020 | $1.1 billion |
Mobile esports has seen a surge in popularity, with games like PUBG Mobile and Mobile Legends attracting millions of players and viewers. This trend is expected to continue as mobile devices become more powerful and accessible, making it easier for players to compete in tournaments on the go.
Esports tournaments are no longer limited to a few major events in North America and Europe. Organizers are now hosting tournaments in regions around the world, catering to local audiences and players. This trend has led to the rise of regional esports leagues and increased diversity in the industry.
As the demands of professional esports players continue to grow, there is a greater emphasis on player health and wellness. Teams and organizations are implementing training programs, nutrition plans, and mental health resources to ensure that players are performing at their best both in and out of the game.
Virtual reality (VR) and augmented reality (AR) technologies are starting to make their way into the esports industry, offering new ways for fans to experience games and tournaments. From immersive VR spectating experiences to AR overlays during live broadcasts, these technologies are changing the way we engage with esports.
By staying informed about these top trends in esports business industry and tournament organization, businesses and organizers can position themselves for success in this rapidly growing industry. Whether you're a sponsor looking to invest in esports or a tournament organizer planning your next event, keeping up with these trends is essential for staying ahead of the competition.