The Europe Esports Market is expected to witness market growth of 20.5% CAGR during the forecast period (2021-2027).
Companies operating in this market are witnessing a surge in their revenue share due to the successful free-to-play gaming model with substantial in-game microtransactions, which is expected to further augment the growth of the esports market. The games operating in this model do not include upfront costs, but it has charges for additional or featured content that increase the level of interest in the game.
The thriving culture of playing online video games among the younger population is estimated to propel the growth of the esports market in this region. In addition, the monetization of the esports industry is motivating gamers to become full-time professionals just like any other traditional sportsperson. Additionally, the increase in the number of esports tournaments is expected to create more opportunities for the gamers to monetize their skills, which is expected to accelerate the regional market growth.
The Sponsorship market dominated the UK Esports Market by Revenue Source 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $86.4 million by 2027. The Media Rights market exhibiting a CAGR of 20.2% during (2021 - 2027). Additionally, The Advertising market is expected to witness highest CAGR of 20.3% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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
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- 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
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