Future prospects for cybersport
Computer sports or cybersport is a competitive gaming industry whose popularity has remained at a high level for more than 2 decades. The annual turnover of all types of games already exceeds 1 billion dollars. And the industry attracts a huge number of players from all over the world, between which are played solid rewards. For example, in the 2019 Dota 2 Championship alone, $34 million has been raffled off. Such a prize pool results in a significant portion of players making cyber sports their main source of income, and devoting most of their time to training, improving their skills in their favourite games. Some have gone on to become true professionals and make good careers in eSports.
What’s in store for the eSports industry
It is predicted that the eSports scene will continue to grow in popularity. Thus, according to the forecasts of experts in the field of gaming industry, in 2021 the total amount should reach $ 1.6 billion. And only the COVID 2019 pandemic has slightly reduced the actual results. However, even with the coronavirus negatively affecting all industries, the cyber sports industry’s turnover exceeded $1 billion by December 2021.
The outlook is still good – and still linked to two main factors. The first is the sheer number of genres that make up the cyber sports industry. There are competitions across dozens of disciplines, including sports games like FIFA, strategy, shooters and ‘battle royale’. This means that even casual football fans may well become spectators of a cyber football tournament. And, if they know the game well, they can also take part in such tournaments, or simply learn from more experienced players.
The second important factor, thanks to which the industry continues to actively develop, covering different continents and countries. Lega of Legends or Dota 2 championships are held in Europe, China, Korea, North and even South America. The expansion of the influence of cybersport has gradually led to large companies taking an interest in the industry and becoming investors and sponsors of cybersport events. Streaming professional gaming tournaments, on which major services such as Twitch and YouTube earn millions of dollars each year, has also attracted attention. Profits are generated by the advertising that viewers of live cyber sports events watch from the comfort of their own homes.
The real deal in cybersports
The rise in popularity of eSports has led to the proliferation of websites designed for viewers to not just watch the competition, but bet on it as well. One of the most popular and prestigious tournaments is IEM Katowice, where for several years now it has been possible to bet on your favourite team just like in any traditional sport.
Spectators benefit from the advice and predictions of professional analysts. And experts do their research on eSports, which can save other people time and effort. And all this makes the future prospects of the industry even more favourable.