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Esports is in perpetual growth and is expected to surpass $1.61 billion in market worth by 2024. Top esports games such as League of Legends, CS:GO and Dota 2 have fans all over the world who play the games and tune in live to watch the top players compete for huge tournament prizes.
The global video game market is forecast to be worth $240.3 billion in 2024, up from $178 billion in 2021. This is around a whopping 11 times the box office revenue in 2021 ($21.3 billion). As a result, over 577 million people worldwide are expected to be watching esports by 2024.