Esports is competitive video gaming that captured millions of people. It is a new kind of entertainment born from computer games. It has millions of fans and players around the world. This became possible due to the fact that people are interested not only in playing but also in watching others play. And not only watch but also be a fan and even test your knowledge in betting on favorites.
Esports is not a hobby. It is a serious and profitable industry. It makes billions of dollars every year. It offers many chances for careers, education, and social impact. Bettors quickly got their bearings and added esports betting to their platforms. Today, every serious Arab casino offers such an opportunity.
A report by Grand View Research says that the esports market was worth USD 1.58 billion in 2020. It will grow by 24.4% every year from 2021 to 2030. The report says that esports is popular among young people. There are many online and offline esports events. Many companies and sponsors invest in esports. Technology makes streaming and gaming better.
Esports is also a mainstream phenomenon. It goes beyond culture and geography. Esports viewership is very high. There were 532 million viewers worldwide in 2022, according to Insider Intelligence. Esports has support from celebrities, media, sports, and governments. For example, Drake, Michael Jordan, and DJ Marshmello have ties with esports teams or platforms. ESPN, Forbes, and The Guardian cover esports news and events. The International Olympic Committee thinks about adding esports to the Olympic Games. China, South Korea, France, and Ukraine have national esports groups.
Esports is not only entertainment. It is also a platform for education, innovation, and social good. Esports can teach skills like teamwork, communication, problem-solving, creativity, and critical thinking. Esports can also promote diversity and inclusion. It gives equal chances for everyone to play and be seen. Esports can also help social causes like health, environment, and relief by raising money or awareness.
The future of esports is bright and promising. The industry will change and grow. Some of the trends and opportunities are:
- New kinds of esports games for different people and tastes. For example, mobile esports games are easy and cheap. Casual or social esports games are fun and engaging. Hybrid esports games that mix sports and video games.
- New technologies and platforms for better esports content. For example, cloud gaming lets players stream games from any device. Virtual reality or augmented reality makes gaming more real. Blockchain or cryptocurrency makes transactions or rewards safe and clear.
- New ways of making money and business for esports stakeholders. Merchandise sales create loyalty and engagement. Subscription or membership services offer special content or benefits. Gamification or personalization increases user happiness.
- New connections with other industries and sectors that create value and services. Education uses esports in classes or activities. Health care uses esports as therapy or rehab. Tourism uses esports as an attraction or destination.
Esports is not a small or new market. It is a global phenomenon that is part of the digital economy and culture. This direction has shown its potential and strength during the COVID-19 pandemic. The pandemic made online entertainment more important. Esports as live casino games has also shown its positive impact on society by creating chances for learning, innovation, and social change. It is here to stay and grow.
