Global Esports Market Expected to Reach USD 10.1 Billion by 2033 - IMARC Group

December 10, 2024 | Technology & Media

VIEW FULL TABLE OF CONTENTS

Global Esports Market Statistics, Outlook and Regional Analysis 2025-2033

The global esports market size was valued at USD 2.1 Billion in 2024, and it is expected to reach USD 10.1 Billion by 2033, exhibiting a growth rate (CAGR) of 17.05% from 2025 to 2033.

Esports Market

To get more information on this market, Request Sample

Traditional sports teams and organizations are investing in esports, blurring the lines between conventional sports and competitive gaming. This cross-promotion expands the audience base and legitimizes esports as a mainstream entertainment form. Besides this, advancements in gaming technology are transforming the esports experience for players and viewers. High-speed internet, cloud gaming, and cutting-edge graphics processing units (GPUs) enable high-quality gameplay and flawless streaming. Emerging technologies such as augmented reality (AR) and virtual reality (VR) are providing immersive tournament experiences, Additionally, artificial intelligence (AI)-powered chatbots are revolutionizing audience engagement by offering real-time updates, answering queries, and providing personalized content. These technological innovations ensure that esports remain a dynamic and engaging platform, firmly establishing its position as a crucial segment in digital entertainment. In 2024, Theta Labs and FlyQuest launched a customized AI esports chatbot, a.PHiD, powered by Theta EdgeCloud. The chatbot, available on FlyQuest's website and Discord, enhances fan engagement by providing information on teams, matches, and results. This partnership also highlights advancements in AI-driven fan interactions within the esports sector.

Furthermore, investments in state-of-the-art esports arenas, streaming technology, and game development are driving the industry's scalability. Companies are launching region-specific leagues and creating customized gaming experiences to cater to local markets, further diversifying the industry. Apart from this, collaborations that emphasize carbon-neutral gaming events and sustainable practices appeal to environmentally aware audiences and companies. These initiatives not only lessen the environmental footprint of large-scale esports events but also draw in sponsors and stakeholders dedicated to sustainable development. By aligning with worldwide sustainability objectives, the esports sector improves its image, broadens its audience reach, and opens up fresh opportunities for partnerships with socially conscious organizations. For example, in December 2024, Glazer Games and Times OOH launched India’s first carbon-neutral esports IP, combining sustainability with competitive gaming. Times OOH will utilize its digital and out-of-home platforms to enhance the initiative's visibility. The collaboration seeks to involve environmentally-aware brands and audiences within the esports community.

Global Esports Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share owing to its extensive gaming audience, strong infrastructure, and widespread adoption of mobile and online gaming platforms.

North America Esports Market Trends:

North America plays a vital role in the esports market, supported by the broad acceptance of cutting-edge gaming technologies and strong audience engagement. The area is home to several highly competitive esports teams and organizations, attracting global interest in its tournaments. Robust collaborations between gaming firms and non-gaming brands facilitate market growth via sponsorships and advertising. The rise of esports streaming platforms has fostered a vibrant digital environment, boosting audience engagement.

Asia-Pacific Esports Market Trends:

The Asia Pacific region leads the esports market, driven by its large and tech-savvy population actively engaging in gaming and streaming platforms. The region benefits from significant investments in gaming infrastructure, the establishment of international esports events, and strong support from developers launching region-specific tournaments. Local governments and organizations actively promote esports as a competitive sport, fostering talent and creating structured leagues. The mobile gaming segment is particularly strong, with rising participation in esports tournaments and a growing viewership. Expanding internet access, affordable devices, and collaborations with international sponsors further enhance audience reach, solidifying Asia Pacific’s dominance in the Esports ecosystem. In 2024, Riot Games revealed the introduction of several League of Legends community cups in India to enhance the game's visibility and nurture local esports talent. The project commemorates the 15th anniversary of the game and seeks to empower Indian players with competitive chances. This represents a major advancement in the growth of League of Legends within the Indian gaming community.

Europe Esports Market Trends:

Europe possesses a significant portion of the esports market, bolstered by a strong gaming culture and an increasing variety of professional tournaments. The area is marked by a significant emphasis on community-led projects and esports training, cultivating a proficient talent base. The widespread accessibility of cutting-edge gaming systems and streaming technologies improves the experiences of players and viewers. Europe's dedication to innovation and cooperation within the esports ecosystem reinforces its status as a key player in the industry.

Latin America Esports Market Trends:

The esports market in Latin America is expanding, driven by a growing base of enthusiastic players and viewers. Increased access to streaming platforms allows regional talent to gain international recognition, driving interest in local tournaments. Collaboration between gaming companies and regional sponsors is helping to enhance market visibility and attract investment. Latin America is becoming a hub for emerging esports trends, with strong community support fostering a vibrant gaming culture.

Middle East and Africa Esports Market Trends:

The esports market in the Middle East and Africa is gaining momentum, supported by a rising interest in competitive gaming and technological advancements. Expanding internet connectivity and the adoption of advanced gaming platforms are significantly enhancing accessibility. Regional partnerships with international gaming companies are fostering the development of esports infrastructure. The region is also experiencing a rise in localized tournaments, catering to the growing player base.

Top Companies Leading in the Esports Industry

Some of the leading esports market companies include Activision Blizzard Inc., Capcom Co. Ltd., Electronic Arts Inc., Epic Games Inc., FACEIT, Gameloft SE (Vivendi SE), Gfinity PLC, Intel Corporation, Modern Times Group, Nintendo Co. Ltd., NVIDIA Corporation, Riot Games Inc., Valve Corporation, and Zynga Inc., among many others. In 2024, Electronic Arts Inc., Xfinity, and Peacock revealed a collaboration for EA SPORTS FC™ 25 and EA SPORTS FC™ Mobile. This partnership brings in-game customization to North American players and incorporates Peacock’s branding into gaming for the first time. The worldwide debut of EA SPORTS FC™ 25 is scheduled for September 27, 2024.

Global Esports Market Segmentation Coverage

On the basis of the revenue model, the market has been categorized into media rights, advertising and sponsorships, merchandise and tickets, and others, wherein advertising and sponsorships represent the leading segment. Advertising and sponsorships dominate the market, driven by brands leveraging the growing audience for targeted marketing. Companies invest heavily in esports to reach tech-savvy and younger demographics, resulting in significant sponsorship deals with teams, events, and players. This segment benefits from live-streaming platforms, where sponsored content seamlessly integrates into broadcasts, enhancing visibility. The increasing collaboration between non-gaming and gaming brands further supports this segment, ensuring its position as the leading revenue generator in the industry.
Based on the platform, the market is classified into PC-based esports, consoles-based esports, and mobile and tablets. The PC-based esports segment remains integral to the market, offering high-performance capabilities and supporting competitive gaming at professional levels. Console-based esports draw in a varied audience, utilizing accessible gaming platforms to provide immersive experiences. The mobile and tablet sector is experiencing expansion, fueled by extensive device usage and the ease of portable gaming, particularly in developing regions. Collectively, these platforms address diverse preferences, guaranteeing a wide and active player and viewer community.
On the basis of the games, the market has been divided into multiplayer online battle arena (MOBA), player vs player (PvP), first person shooters (FPS), and real time strategy (RTS). Among these, first person shooters (FPS) accounts for the majority of the market share. First-person shooters (FPS) dominate the market due to their widespread popularity and competitive appeal. The fast-paced, action-oriented gameplay attracts both players and spectators, fostering high engagement levels. FPS games are particularly suited for professional tournaments, with established leagues and significant prize pools driving interest. The genre benefits from strong community support and consistent updates from developers, ensuring its relevance. Additionally, advancements in streaming platforms amplify FPS viewership, solidifying its leading position in the market.

Report Features	Details
Market Size in 2024	USD 2.1 Billion
Market Forecast in 2033	USD 10.1 Billion
Market Growth Rate 2025-2033	17.05%
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Revenue Model Platform Games Region
Revenue Models Covered	Media Rights, Advertising and Sponsorships, Merchandise and Tickets, Others
Platforms Covered	PC-based Esports, Consoles-based Esports, Mobile and Tablets
Games Covered	Multiplayer Online Battle Arena (MOBA), Player vs Player (PvP), First Person Shooters (FPS), Real Time Strategy (RTS)
Regions Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Activision Blizzard Inc., Capcom Co. Ltd., Electronic Arts Inc., Epic Games Inc., FACEIT, Gameloft SE (Vivendi SE), Gfinity PLC, Intel Corporation, Modern Times Group, Nintendo Co. Ltd., NVIDIA Corporation, Riot Games Inc., Valve Corporation, Zynga Inc., etc.
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Browse IMARC Related Reports on Esports Market:

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Global Esports Market Expected to Reach USD 10.1 Billion by 2033 - IMARC Group

Purchase Options New Year Sale

Inquire Before Buying

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.