Newzoo: the esports market will reach the size of $765 million by 2018

The analytical company Newzoo claims that by 2018 the volume of the esports market will reach $ 765 million.

According to the firm, last year the figure was 194 million. By the end of 2015, it will grow by 43.1% and reach $278 million. Prior to that, Newzoo had forecast annual growth of 29.6%. The revenues of the esports market have increased thanks to online advertising, according to the company’s experts.

Newzoo shared other data as well. There are 116 million “esports enthusiasts” around the world. These are those who take part in competitions more than once a month (it is not specified, as spectators or athletes). China ranks first in terms of the largest audience. There are 53.9 million “esports enthusiasts” there. Then comes North America with 18.5 million and Europe with 16.8 million.

By 2018, according to Newzoo forecasts, the audience of esports competitions will reach 165.1 million.

Note, SuperData claims that the esports market has already reached the size of $ 612 million, and its audience is 134 million.

Source: http://www.newzoo.com

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