A glance at the inner workings of the ESports industry

Florian Olivo / Unsplash

Contrary to popular belief, ESports is not a small industry. With hundreds of millions of people tuning in to watch championships and events, it should surprise no one that the industry is exploding.

To put it simply, ESports is the virtual version of traditional sports. In the world of hockey or basketball, you’re watching real-life people skate or run around and do actual, physical things. In ESports, everything you’re seeing is virtual—a simulation. Players from around the world come together to battle and compete against one another in the same way they do in traditional real-world sports, but within a limitless virtual world. Virtual reality has no bounds, and that’s arguably one of the most prominent reasons for its success. After all, the most popular game right now in the ESports world is League of Legends, a game that in no way, shape, or form resembles real life.

Streaming growth

ESports are responsible for the mass growth of live-streaming services like Twitch. Gamers build up fan bases, through either their personalities and charisma or their skills. Figures like PewDiePie and Ninja have millions of followers, and they’re not alone. The number of high-quality gamers out there is increasing every day.

ESports athletes are often sponsored by large companies like Red Bull and Alienware, and many belong to large teams or organizations. Joining a team allows players to compete for prizes, trophies, and titles, not to mention prize money, which for most events is in the millions.

It may be hard to believe, but championship League of Legends games now rival the Super Bowl in viewership numbers.

Because of this, advertisers and sponsors have been flocking to ESports, as many expect popularity increases over the next few years.

The eSports industry is growing faster than anyone could have predicted. Who knows where it’ll go next? Stay tuned, for only time will tell.

Leave a Comment