SIGN UP LOG IN
 

Billions in turnover for eSports 2020

Published by

February 28, 2020 4:57 pm

Billions in turnover for eSports 2020

According to market analysis, the eSports 2020 will be the first year in which eSports will generate sales in excess of one billion dollars. The number of viewers is expected to rise to almost 500 million.

As has been observed for years, eSports revenues will continue to grow in 2020. According to a detailed market analysis by Newzoo, the 1 billion dollar mark will be broken this year. Also, the global number of viewers is expected to rise to almost 500 million.

1.1 billion US dollar turnover in 2020

In their sixth edition of the market analysis of eSports, Newzoo industry insiders predict a total turnover of 1.1 billion US dollars. According to the forecasts, China would become the nation with the highest turnover in eSports and push the USA from first place.

The largest revenues in eSports will continue to be generated by sponsors. By 2020, sponsors are expected to generate more than $636 million in revenues, an increase of 17.2%.

In 2019, 885 major eSports events took place, generating $56.3 million in ticket sales. This is an increase of 1.6 million compared to the previous year. The most-watched eSports event of the year was the League of Legends World Cup.

eSports thrill almost 500 million viewers

Another development that could be observed according to the report is the increase in the eSports audience. As a result, the number of viewers in eSports will increase from 443 million to 495 million unique viewers. The rise in turnover and viewers would, therefore, be coherent. Newzoo forecasts that in 2023 some 646 million viewers will watch eSports titles.

The annual growth in viewer numbers is mainly due to the development of emerging markets. South America, the Middle East, Africa, and South-East Asia would achieve the highest growth rates. Spreading urbanization, the expansion of IT infrastructures, and the spread of mobile devices are considered the main reasons for the steady growth.

More News

Real uses Barcelona error icy cold

Real uses Barcelona error icy cold

Setback for FC Barcelona in the Primera Division title race: The leader loses 2-0 to FC Valencia. Real Madrid took…

$22 million embezzled! - WPT Champion Dennis Blieden confesses guilty

$22 million embezzled! - WPT Champion Dennis Blieden confesses guilty

In February 2018 Dennis Blieden could celebrate big. At the L.A. Poker Classics, the hitherto undescribed hand left 492 competitors…

G2 Esports defeats Fnatic in a duel between top rivals of the LEC

G2 Esports defeats Fnatic in a duel between top rivals of the LEC

G2 Esports remains the undisputed leader in the European League of Legends LEC. In the top match against their pursuer…

WSOP 2019: Gavin Smith Memorial Poker Tournament

WSOP 2019: Gavin Smith Memorial Poker Tournament

The World Series of Poker 2019 kicks off on May 29th with the Gavin Smith Memorial Tournament kicking off right…

Online betting very popular among Canadians

Online betting very popular among Canadians

The USA showed the way last year by declaring a law carved in stone, the Professional and Amateur Sports Protection…

Clash of Clans World Championship

Clash of Clans World Championship

Supercell presents the first Clash of Clans World Championship. The world's best players compete in the Barclaycard Arena in Hamburg.…

eUnited wins CoD World League

eUnited wins CoD World League

The Call of Duty World League was about one title and 800,000 US dollars prize money. In an exciting final,…

win2day - €50,000 Guaranteed at the Summer Poker Series

win2day - €50,000 Guaranteed at the Summer Poker Series

The Austrian online poker provider win2day is hosting the Summer Poker Series 2019 this coming weekend, with a proud €50,000…

LCK: SKT T1 on the way to the top

LCK: SKT T1 on the way to the top

Another extremely exciting day of the LCK is over and slowly, but surely SKT T1 is boxing its way through…

The best online casino to play roulette

The best online casino to play roulette

Roulette, like Blackjack and Craps, can be found in any professional online casino. It is a classic casino game that…

Microgaming's new Switch Studios debut with Online Roulette

Microgaming's new Switch Studios debut with Online Roulette

Since Wednesday, online casino players have been able to find the latest long-awaited products from the internationally renowned game developer…

Venetian Lucky Shot Poker: Lose-lose situation

Venetian Lucky Shot Poker: Lose-lose situation

The scandal surrounding the LuckyShotPoker tournament format at the Venetian Resort in Las Vegas had upset the poker community. The…

Ubisoft Announces New Rainbow Six Tournaments
Ubisoft Announces New Rainbow Six Tournaments

Ubisoft has announced a new tournament series for "Tom Clancy's Rainbow Six Siege" in Germany, Austria and Switzerland. There will…

The Berlin Summer Cup comes back
The Berlin Summer Cup comes back

Before the Triple-A Series continues in August at the Spielbank Berlin am Potsdamer Platz, the third edition of the Summer…

Rocket League World Championship: All times, all games
Rocket League World Championship: All times, all games

Today, Friday 21 June 2019, the finals of the Rocket League Championship Series Season 7 will start. The twelve best…

Mother plays in the casino - and forgets her child
Mother plays in the casino - and forgets her child

This case shows that gambling can be a real problem - but the Internet offers many advantages with its online…

Victory for North America: Complexity wins FIFA eCLUB World Cup
Victory for North America: Complexity wins FIFA eCLUB World Cup

The FIFA eClub World Cup in Milan has a surprising winner. The North American team Complexity won the title in…

The Chiefs beat the Bills with a Patrick Mahomes reaching his 90 touchdown passes.
The Chiefs beat the Bills with a Patrick Mahomes reaching his 90 touchdown passes.

The Chiefs were back on top in a historic Monday Night Football victory for Patrick Mahomes. Also, hit 90 touchdown…

Ibra's Milan can't handle a very intense Rome.
Ibra's Milan can't handle a very intense Rome.

Rome was able to cope with the positive dynamics of this new AC Milan. The hard blow, hours before the…

Vici defeats Liquid in final of Dota 2 Epicenter Major
Vici defeats Liquid in final of Dota 2 Epicenter Major

Vici Gaming has won the last big Dota 2 tournament with the Epicenter Major in Moscow before the World Championship…

Swiss wins the jackpot in Las Vegas
Swiss wins the jackpot in Las Vegas

Hypno, e-athlete at Lausanne Esports, finishes fifth on the Masters Tour to "Hearthstone". He talks about his impressions in Las…

Manchester City won 2-1 and left Real Madrid out of the Champions League.
Manchester City won 2-1 and left Real Madrid out of the Champions League.

Manchester City won in England against Real Madrid and qualified for the quarterfinals of the Champions League. An epic Champions…

Mybetting Deals Tools

Surebet by BetBurger

Surebet by BetBurger

BetBurger is a service focusing on arbitrage bets, also known as sure bets. It turns sports betting into an investment.

Matched Betting by OddsMonkey

OddsMonkey

OddsMonkey offers matched betting services with features to enhance your profits with the best betting offers.

Live Sport Results and Statistics

Live Scores

Always keep ahead of the sports betting game with our real time results and statistics!

2000+ Free Slots

Play the best online slots and your favourites from the biggest developers for free right here!