eSports Revenue Expected to Hit $1.5 Billion by 2020

Sat, Feb 25, 2017

A report from eSports marketing analytics firm Newzoo says eSports revenue will it about $70o million in 2017 and $1.5 billion by 2020. The report cited brand investment as a major driver for the industry.

ESports will be a 0 million industry in 2017 and hit .5 million by 20202 driven mostly by braand investment according to predictions by eSports marketing analytics firm Newzoo.

The report said brand investment made up about three-quarters of revenue in the eSports industry this year, where revenue grew by 41.3 percent. North America has the largest eSports market revenue share with $257 million expected in 2017. The report said that figure will hot $607 million by 2020 as more sponsorships come on line.

 

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