dollars thanks to his success playing online battle arena game, Dota 2. Among the leading players worldwide is Johan Sundstein from Denmark, also known as N0tail, who has racked up earnings into the millions of U.S. dollars, with total eSports prize pools projected to grow even further in the coming years.Īs a result of the increasing money in the market, the top players in the world are able to make a living from video games, something which would have been almost unthinkable in past decades. The cumulative prize pool for global Counter-Strike: Global Offensive tournaments in the first half of 2021 stood at almost almost eight million U.S. Given the immense popularity of games such as these across the world, official eSports tournaments are able to offer huge jackpots for the best players in the world.

Some of the most popular games among eSports players and fans include battle royale titles such as Fortnite and Call of Duty: Warzone. At the current growth rate, by 2024, there are expected to be over 285 million frequent viewers of eSports worldwide, as well as some 291.6 million occasional viewers. In 2019, the number of eSports enthusiasts and occasional viewers totaled just under 400 million. The easy accessibility of eSports is bound to attract more and more audiences in the coming years. In terms of revenue, China claimed a significant portion of the eSports market revenue on its own, while the United States was the second largest regional market.

These revenues come from betting, prize pools and tournaments, but overwhelmingly from sponsorship and advertising, which brought in almost 641 million U.S. dollars, a figure which is estimated to exceed 1.6 billion U.S. In 2019, worldwide revenues generated in the eSports market amounted to 957.5 million U.S. The eSports market is experiencing rapid growth, despite still being in its relatively formative stages.

Uk sports betting market size