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Esports’ popularity is anticipated to increase during the forecast period at a CAGR of 21.5%. The estimated size of the esports market is US$ 3,416.8 million in 2022 and is expected to reach US$ 18,655.5 million by 2032.

eSports provides several competitive advantages such as the selection of teams, players, and organizations which are not bound by location and the ability to integrate with non-traditional media. Developers, publishers and organizers are the major entities within the eSports market. Developers are responsible for coming up with an idea and developing the game, whereas publishers are responsible for overall marketing and distribution activities. Major revenue sources for eSports include sponsorship & advertising, tickets and merchandise, media rights and game publisher fees.

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eSports Market: – Market

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