The number of global esports enthusiasts is expected to reach 285 million by 2024, an increase of 32 percent from 2020, according to Safe Betting Sites.
The total audience size of eSports is projected to have a CAGR of 7.7% from 2019-2024, to a figure amounting to 577.2M by the end of the forecast period.
By 2021, esports revenue is projected to cross $1 billion, this is despite a slight dip in 2020 due to covid-19.
“The Coronavirus pandemic still caused the eSports industry’s revenue to decrease in 2020, albeit just marginally by 1% to 947M from 957M in 2019. This is a relative success considering most major industries experienced massive drops in revenue in 2020. It is also worth noting that gaming and eSports improved on many other vital industry