Uploaded on Jul 21, 2022
Esports is a booming global industry where skilled video gamers play competitively. Here is the ultimate guide for challenges and opportunities of the eSports industry.Esports is a booming global industry where skilled video gamers play competitively. Here is the ultimate guide for challenges and opportunities of the eSports industry.
Guide for challenges and opportunities of eSports industry
GUIDE FOR CHALLENGES
AND OPPORTUNITIES OF
ESPORTS INDUSTRY
https://datasportsgroup.com/
The media and entertainment market has some exciting new avenues for growth
in front of them in the form of eSports. Esports essentially includes all the
competitive gaming that are played online. This particularly new field of sports
has seen an upward trend in growth perspective and even their popularity chart
is off the map as the arcade tournaments and online gaming enrapture the fans.
The media organizations are still in the growth phase and have shown
impressive strides in the past half-decade.
The growth level could even be so immense that eSports media coverage could
one day be a bigger industry than the traditionalprofessional sports and this
prospect has created a wealth of opportunities and created more chances of
growth for the media technology with global multi-channel distribution playing a
major role in the growth. If media tech companies want to take advantage of this
fact they would need to develop a deeper understanding of the world of eSports
and look into the unique way of production and distribution of the content. They
would need to understand there are a few new difficulties and potentially open
doors which contrasted with conventional games.
Did you know eSports have been around since the 1970s but found their true
popularity in the 1990s when games like DOOM, Unreal Tournament, and
StarCraft were the only popular choices? Who would have thought that eSports
which was considered a unique hobby back in the days could hold so much
potential and would one day even go mainstream with the potential to be a
major part of the professional sports market?
Upon analysis one of the articles in 2013
PCWorld written by Andrew Groen
analyzed the stark growth of the industry
and one of the most important factors was
considered the economic rise of Asia. The
fact that competitive PC gaming was quite
prevalent in the continent especially South
Korea all but rescued eSports and gave it a
direction of growth.
Now professional gaming is looked at as a very lucrative business all over the
world. Games like League of Legends (LoL), DOTA 2, Overwatch, Counter-Strike,
and Fortnite have even breathed new life into the industry with a wide range of
games that are well-liked by the gaming community with dedicated developers
and the consistent upgrades that are being brought in to keep the games even
more engaging. An example of this can be seen with how the organizations are
offering a more immersive and engaging feel to the players with Christmas-
themed skins for champions and on other festivities, more skins are updated for
users to choose from. It is innovative how the personalization of the content is
left in the hands of the players.
Streaming communities like Twitch also took advantage of the rise in eSports
and innovatively presented a platform for the players to engage and view live
streams of pro players and even watch the professional gaming competitions
live for free, back in 2017 LoL semifinals crossed over 80 million in viewership.
The growth potential even caught the attention of brands like Mercedes Benz,
Coca-Cola, and Spotify. Since the majority of the viewership is actually made up
of the younger generation, companies are lining up for sponsorships and
reaching the crowd.
Now how can media and broadcasting
companies jump on the bandwagon?
eSports broadcasting needs to stay similar
to regular sports broadcasting in the broad
sense but use more complex technology and
would require a lot of social media
promotion.
It is time eSports’ true potential is realized worldwide, the industry even saw an
influx of 4.5 billion dollars in investments and has huge potential for growth, it is
not just a fad anymore but over half-decade itself has proved that to be untrue.
There is even an eSports-exclusive stadium in Dubai now. Media technology
organizations have a real opportunity on their hand to be innovators.
Quick, easily accessible, affordable, and reliable Esports APIs for reliable data can
be found with Data Sports Group. Few of the features would be included by the
eSports data providers.
A detailed eSports schedule: You can get access to all the match-related data for
upcoming matches as soon as the announcements are made by the organizers.
Trustworthy eSports Results: Get your hands on detailed scores from popular
eSports tournaments and get live updates regularly. Team and player information:
Get access to detailed stats for teams and players and stay up-to-date with the
latest developments. Add ons data provided by Data Sports Group truly
distinguishes them as they serve ideally the Fantasy Operators or betting
operators.
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