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Esports Market Growth Factors (2021-2027) | UnivDatos
Esports Market is expected to grow at a CAGR of around 25% over the forecast period (2021-2027).
According to UnivDatos Market Insights (UMI)' research report "Esports Market", the market is expected to witness a CAGR growth of around ~25% during the forecast period 2021-2027F. Global Esports Market is experiencing significant growth due increasing audience reach and engagement activities, formidable investments, rising live streaming of games, and increasing infrastructure for the league tournaments.
Based on Application:
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Based on Streaming Type: The Esports market is segmented into On Demand and Live. The large share of the streaming type segment can be attributed to the growing youth population and changing lifestyles have both contributed to an increase in demand for video games and online video games over the years. Growing audience reach and engagement activities, significant investments, rising live streaming of games, and expanding infrastructure for league tournaments are key factors driving the market growth.
UnivDatos Market Insights (UMI)