Over the last few years, eSports tournaments have grown in popularity. Every day, millions of people exhibit an interest in the gaming sector. Is it time to take the next step?
EVOLUTION OF ESPORTS TOURNAMENTS - ONLINE EVENTS AS A GAME CHANGER
Over the last few years, the growing popularity of eSports events has transformed the gaming business into a global phenomenon. Some major eSports events now have crowds that rival the Super Bowl or the World Cup.
As a result, the global eSports market is estimated to be worth $1 billion. In addition, the total prize pool for gaming tournaments is growing to astronomical proportions (a couple of millions in some cases). With that in mind, let's explore what the future holds for eSports gaming contests.
ESPORTS TOURNAMENT HISTORY – THEN AND NOW
The global demand for eSports events is expanding at a breakneck pace. As a result, media rights are the second most profitable section of online gaming, with a staggering 192.6 million dollars in revenue. When we consider the history of eSports, this is unsurprising. The first gaming event took place in 1972. The Spacewar video game tournament was held at Stanford University.
The tournament's big prize was a year's subscription to Rolling Stone magazine. In comparison, the total prize pool for the International 2019 DOTA 2 event in Shanghai was 34.33 million US dollars.
The Space Invaders Championship, which took place in 1980, was a forerunner of today's competitive gaming sports. More than 10,000 people from all around the United States competed in this event. With over 100 million unique viewers as of today, the League of Legends World Championship is one of the most-watched events in gaming history.
WHAT IS IT ABOUT ESPORTS THAT MAKES THEM SO CAPTIVATING?
These competitions have been the focus of people's interest since the days of the gladiators until today's modern world777 sports. Some contests, however, are more popular than others. Why?
When we consider the essence of eSports, the first thing that springs to mind is its accessibility. It's simple to use no matter where you are or who you're with. Online gaming does not necessitate the use of arenas or stadiums. Using a computer or another device, you can participate in a global eSport tournament. Everything is just a click away when it comes to gaming. From the comfort of your own home, you may watch your favourite sporting event.
When it comes to physical sports, there are normally practice hours, which may need considerable travel in some circumstances. On the other hand, if you want to improve your eSports skills, you can practise whenever and whenever you choose. When you play online games, you know that someone, somewhere in the world, is thinking the same thing you are. And the best part is that nothing will prevent you from playing your favourite game.
IN 5 YEARS, WHAT WILL ESPORTS BE LIKE?
In the last few years, online tournaments have grown into enormous global events. Over the next five years, the eSports business will continue to expand. Online world777 gaming sales are expected to surpass $1.6 billion, according to forecasts. Despite the fact that some countries continue to distance themselves from esports, this rich business will undoubtedly find a way to reach as many people as possible.
DEALS ON MAJOR SPONSORSHIP
Sponsorship funds have a significant role in the formation of gaming competitions and events. BMW, IBM, Levi's, and Marvel Entertainment are among the companies that will enter the online gaming market in 2020. With this in mind, it's safe to assume that huge corporations will play a significant role in influencing the future of eSports competitions.