A couple of decades ago, most people would have never even heard of eSports before. They would have been happy playing their favorite games on a console by themselves rather than turning it into a professional hobby that they would enter competitions for.
Now it’s become a lot more common for people to play eSports on either their desktop or mobile phone, transforming the industry from a niche passion enjoyed by the few to a popular hobby that has hit the mainstream gaming industry hard.
Keep on reading to find out more about this industry and how it’s taking gamers across the world by storm.
Why Do So Many People Enjoy Playing eSports?
The gaming industry has been popular for decades, but now there is a whole range of eSports competitions and innovative video games out there that people can enjoy.
Particularly with casino games, players can play from wherever they like rather than visiting their local casino, which makes the game much more accessible and engaging.
With the rise of online and mobile games, you can be dealt multiple poker winning hands every game without having to worry about cracking under the pressure of being in an actual casino.
The main reason why eSports have become so popular is because they are extremely fun to play. Gamers from around the world can log into competitions for their favorite games alongside other players who share the very same passion – it’s a big community of people who love gaming, and what could be better than that?
Other than eSports being an insanely fun hobby, there is also the chance to win big while you’re playing. Of course with the traditional online casino games you are making bets in the hopes of a big payout at the end, but there are also plenty of other ways you can earn money playing games.
A lot of eSports tournaments award winners and runners up monetary prizes for their participation, and you can also get in-game bonuses regardless of where you place in the leaderboard.
It’s not uncommon to see people who are professional gamers make their living by entering tournaments and defending their titles against their competition.
The Growth of The eSports Market
At the moment, the esports market is expected to grow to US$1,624.00m in 2023, making it one of the largest and most profitable entertainment industries. This highspeed growth hasn’t been out of nowhere, though, it’s been spurred on by a range of other factors and forces.
Digitization is the main culprit in the growth of eSports; more of us are using our phones and computers than ever which has led to a rising awareness of gaming. As our devices become more advanced, it allows game developers to create more engaging and innovative games.
The Covid pandemic was another driving force in the eSports market. With a large majority of the global population being stuck at home for two years, many people had nothing to do but find new hobbies. They weren’t able to go outside or do anything physical, so online gaming provided a safe space to meet up with friends and learn a new skill.
The growth of this industry shows no sign of slowing down either as it continues to enjoy significant growth every single year.
With the creation of new teams, tournaments, and more companies wanting to get involved in this profitable sector, there’s more opportunity for sponsorship and advertisements – which will attract many more players and investors.
The Future of The eSports Market
The future of the eSports market is going to be very bright, so if you haven’t already started to get involved, now is the time to learn how to bet on esports and win – you could be on your way to becoming the next eSports champion at some of the biggest global tournaments.
Like many entertainment industries, the eSports market is very dynamic and constantly changing as new technologies are introduced and new games are launched. The eSports games that players are using now are so different from what was being played five years ago, and we can expect to see even more change in the coming years.
One interesting technology that promises to shake up the eSports industry is virtual reality, a way to immerse people in another world using a VR headset that feels incredibly realistic. In eSports competitions, this is allowing players to feel like they’re in the game and creates a much more engaging experience.
The new technologies will keep on coming, creating incredible gaming experiences which will not only improve games for current players but will also encourage a whole new generation of gamers to get involved in the world of eSports – there’s never been a better time to get stuck into this exciting, fast-paced industry.
