The Asia Pacific Esports Market is expected to witness market growth of 23.4% CAGR during the forecast period (2021-2027).
Video games have brought a shift in the way individuals interact and engage with the virtual environment. Several companies are developing advanced technologies for the gaming industry to push its boundaries and to better serve various existing and potential players of esports across the world. These constant advancements in gaming technologies is expected to support the growth of the esports market.
The features of esport like online live streaming of gaming that provide a similar feeling of being there in real-time gaming is expected to support the growth of the esports market during the forecast period.
The attractive prizes offered by esports event organizers is creating lucrative opportunities for the gamers as well as organizers. In addition, the rise in demand for smartphones and high penetration of internet in the developing nations like India and China is expected to support the growth of the regional esports market during the forecast period.
The China market dominated the Asia Pacific Esports Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $293.6 million by 2027.The Japan market is poised to grow a CAGR of 22.7% during (2021 - 2027). Additionally, The India market is expected to exhibit a CAGR of 24.1% during (2021 - 2027).
Based on Revenue Source, the market is segmented into Sponsorship, Media Rights, Advertising, Publisher Fees, and Merchandise & Tickets. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, NVIDIA Corporation, Nintendo Co., Ltd., Activision Blizzard, Inc., Valve Corporation, Modern Times Group MTG AB, Electronic Arts, Inc., Tencent Holdings Ltd., Gameloft SE (Vivendi), and AT&T, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Revenue Source
- Sponsorship
- Media Rights
- Advertising
- Publisher Fees
- Merchandise & Tickets
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Intel Corporation
- NVIDIA Corporation
- Nintendo Co., Ltd.
- Activision Blizzard, Inc.
- Valve Corporation
- Modern Times Group MTG AB
- Electronic Arts, Inc.
- Tencent Holdings Ltd.
- Gameloft SE (Vivendi)
- AT&T, Inc.
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Companies Mentioned
- Intel Corporation
- NVIDIA Corporation
- Nintendo Co., Ltd.
- Activision Blizzard, Inc.
- Valve Corporation
- Modern Times Group MTG AB
- Electronic Arts, Inc.
- Tencent Holdings Ltd.
- Gameloft SE (Vivendi)
- AT&T, Inc.
Methodology
LOADING...
