Esports and Money in 2020

We’re very excited about the potential of Esports at Remagine Ventures. Apart from the cultural phenomenon and increased viewership of Esports, like any other professional sport, there’s also a business aspect. So what’s the relationship between Esports and money and where does it stand in 2020?

A recent McKinsey report focused on the potential Esports represents for brands prompted me to dig deeper.

 
Esports revenues as an industry

Despite the massive viewership, Esports as whole is still relatively small when it comes to revenue. In 2020, revenues are expected to reach $1 billion, and grow by 60% in 2023.

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Πηγή: vccafe.com