eSports Tipped To Top $1 Billion Revenue Worldwide in 2019The global esports market is tipped to surpass the billion-dollar revenue mark in 2019 for the first time, a YoY boost of 26.4%, according to a report from analyst group NewZoo.
“Plenty of leagues and tournaments now have huge audiences, so companies are positioning themselves to directly monetize these Esports Enthusiasts. While this began happening last year, the market is constantly expanding on its early learnings. The result: 2019 will be the first billion-dollar year for esports, a market that will continue to attract brands across all industries.”
NewZoo attributes the growth to media rights deals, expected to increase by 41.8% to $US251.3 million, and sponsorships and advertising — expected to provide a revenue stream of $US456.7 million.
https://www.channelnews.com.au/esports-tipped-to-top-1-billion-worldwide-in-2019/
Emerge Gaming chief executive officer Gregory Stevens said
Our focus is now on the March launch and rollout of advertising packages to major advertising agencies and clients in Australia
With a high returning user count and long engagement times recorded throughout the South African pilot, the company said it had now optimised the new UI/UX platform to bring stronger results ahead of its release into tier one markets, such as Australia, US and Europe.
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