What Is eSports? Inside the Booming Industry

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eSports, also known as electronic sports, is competitive video gaming where teams or individuals play against each other for prize money in front of millions of viewers watching online and in physical arenas. 

Just how big is it? According to Newzoo, a marketing intelligence firm covering eSports here are some facts you should know:

  • The eSports industry will top $1 billion in 2019
  • 450 million people will watch eSports in 2019
  • 200 million of those being eSports enthusiasts
  • The global eSports audience is estimated to reach 453.8 million this year, representing a year-over-year growth of 15%.

Bottom line, the video gaming industry is in growth mode, presenting a big opportunity for investors. Here are a few:

Game Publishers.  EA (EA) - Get Report or Activision-Blizzard (ATVI) - Get Report (creator of eSports favorite Overwatch) and tech firms like Amazon (AMZN) - Get Report , which owns Twitch, are staking their positions in the booming eSports market -- whether it's through game licensing, broadcasting, or orchestrating events around the world.

Related. Video: Another Look at Gaming and eSports

Sponsorships. Companies like Coca-Cola (KO) - Get Report , Visa (V) - Get Report , Intel (INTC) - Get Report and Comcast Xfinity (CMCSA) - Get Report  are signing on as sponsors for eSports leagues.

And there is so much more to esports. Watch the video to find out who just signed a $4 million dollar deal to play eSports.

Want to learn how the major tech players are shaking up the gaming industry? Download our report