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Esports Market - Size Trends and Forecasts 2018-2022 Edition

 



(IT-NEWSWIRE.COM, May 30, 2018 ) Esports is a short form of electronic sports and is a subsection of sports market. In esports people play in tournaments which are played on electronic systems, particularly video games. Esports tournament can be of single combat or multiplayer video game, mainly played between professional players.

The esports games generally falls into four types of genre based games namely; fighting games, first person shooter, real time strategy and multiple online battle arena games. Esports video games are designed on the basis of the platform on which the game is to be played: online, spectator mode or local area network.

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Esports is a big platform for players on international level. And as the level of tournament rises, the number of media covers the event increases like television, internet live streaming, news reporting and print media coverage. Esports are of different formats with various sub types. For e.g. match types (best of 1, best of 2, best of 3); Group stages (Round robin, Double round robin, Swiss seeding) and Knockout stages (Single/Double elimination bracket).

Global esports market is expected to increase with steady growth rates during the forecasted period 2018-2022. Global esports market is supported by various growth drivers, such as, large prize events, increasing esports popularity among youngsters, hypnotic gaming experience: VR market etc. Still, the market faces certain hindrances and challenges, such as, weakness in smartphone games, games containing violent contents, net neutrality etc. Few trends of the market are social media providing live video platform, inclusion of esports in Asian games, expanding esports focused games etc.

Company Coverage
Valve Corporation
Activision Blizzard
Nintendo Co., Ltd.
Tencent Holdings Limited

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The report entitled "Global Esports Market: Size, Trends & Forecasts (2018-2022) Edition", provides an in-depth analysis of the global esports market, with market sizing and growth. The analysis includes esports market in terms of value, market by audience, market share by region, by platform and by segments. The report also includes market segment analysis with their actual and forecasted value. A brief regional analysis of North America, Europe and Asia-Pacific has been also provided.

Growth of the overall global esports market has also been forecasted for the years 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Valve, Activision Blizzard, Nintendo, and Tencent are some of the key players operating in the global esports market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.

Get more information @ http://www.reportsweb.com/global-esports-market-size-trends-and-forecasts-2018-2022-edition

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