Esports betting report 2020 RTSmunity | Page 3

ESPORTS INDUSTRY

OVERVIEW

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Esports are a phenomenon of today . In 2019 the industry passed the magical mark of $ 1 billion in revenue , and it keep growing further . The esports audience reached 500 million , and is growing even faster . The accessibility of esports creates many opportunities , but also challenges . How to monetise such massive market ? How to close the gap between average spending on traditional sports and esports ?
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0 2018 2019 2020E 2021E 2022E 2023E 2024E Global esports audience growth ( mil .)

Source : Newzoo & Activate Analysis