The Unstoppable Rise of The Gaming Industry
                     The 
Unstoppable  
Rise of The 
Gaming  
Industry
Technology has reached the skies in recent decades, advancements  
such as cloud computing, artificial intelligence, and virtual and
augmented reality have reconstructed the gaming world to
unbelievable heights.
Pandemic has also contributed to major success in the gaming  
industry. Before the pandemic, the gaming industry had a revenue of  
150 billion i.e., in 2020 but in present times its worth is almost set to  
256 billion by 2025. The gaming industry has more than a million  
players. The participation and engagement of people from all over the 
 world are to a great extent. Many people also got influenced towards  
subscriptions which are profiting the gaming industry irresistibly. E-  
gaming platforms and E-sports enjoys a viewer base of 456 million  
people. An interesting fact is that revenue generated by the gaming  
industry is more than the revenue generated by the box office, music  
industry and all other sports leagues combined.
It has changed the meaning of entertainment; everyone is pleasured  
consuming this kind of entertainment. If you’ll take a look at the 
active  gamers right now in the world, you’ll get shocked as it is 
around 2.3  billion including pc gamers, mobile gamers and console 
gamers too.  Looking at this figure, it is enough to say how the gaming 
industry is  booming to its peak.
Now let’s have a look at some of the basic facts:
How do professional gamers earn money  
through online gaming?
Every kid’s dream would be to earn money through gaming, well 
that’s  now true because of the existence of fascinating technology. 
The E-  sport category was in its infancy but recently it has crossed all 
the  barriers and bloomed like never before. Gaming has employed 
many  people and made them successful which was before considered 
as  waste your precious time.
The major source of income is prize money, salary, sponsorships, live  
streaming and video on-demand for professional gamers.
Prize money:
Prize money is the oldest form to make money through gaming. There 
 are prize pools in the competition and winners win if they place high  
in the gaming tournament. Risks may involve in this gaming activity as  
there are chances that the winner might lose all their money. There is  
instability involved with being a small-scale professional gamer. But  
esports players searched for options that offered greater stability and  
less dependency on prize money.
Salary:
The first five esports to form were cloud9, team solo-mid and team  
liquid. Earlier players relied on prize money but knowing that they  
could have got a stable salary gave them a great sigh of relief. Salary  
helped them to remove the peer pressure of losing all their money in
gaming. They were more focused and concentrated on gaming  
because of the removed pressure. And now the prize money is the  
cherry on top giving them an added benefit if they win a prize pool.
You must be wondering how gamers would be earning money? Well,  
it is because of the top three applications i.e., Sponsorships, Twitch  
and YouTube. It’s not necessary that only professional gamers can gain 
 out from these apps but also content creators who want to have an  
enjoyable experience rather than steady performance are benefitted  
out of it with fascinating outcomes.
Sponsorships:
Sponsorships are providing great exposure to all the gamers and  
streamers out there. All those companies which are not tied up with  
esports or video games have taken an initiative to start sponsoring  
gamers and streamers as an individual and as well as in a group. It  
helped individuals to gain fame and recognition too. All the energy  
booster drink like red bull, monster energy and mountain dew and  
computer firms like intel and AMD sponsor high-profile players and in  
return, they promote the sponsor’s product among their fanbase on  
twitch and social media.
Twitch:
Twitch is now one of the most popular live-streaming networks  
against Facebook and YouTube (traditional VOD powerhouse).
By streaming, gamers can suffice themselves to make a living. The  
gaming industry has shown amusing results in terms of earning  
money. It has helped a lot of gamers to stand out and has made them  
feel worthy. Gaming has started the development of streaming and is  
accounted for the majority of traffic in there.
An interesting fact about twitch is that it holds up to 72 per cent of 
the  market share. It charges a user fee for access to the content 
which
goes into the pocket of the content creator. Rewards can also be given 
 by viewers to their gamers/players.
YouTube:
Esports and twitch users upload edited and shorter clips of their live  
streaming session on YouTube for the viewers who can’t watch the  
stream. Furthermore, they also earn money through uploading VOD  
videos/footage on YouTube. Most professional gamers has hired  
editors who shorten up their 8-10 hours long video up to 15-20mins  
or according to their requirements for viewers to stream them online.  
It gives fans an option to consume their favourite gamers’ content  
without spending their 8-10hr.
Professional gamers has availability of a 
 variety of revenue streams:
In today’s time, professional gamers have secured income which was  
almost unimaginable a decade ago that gaming could provide a  
financially secured future. There now exists many ways to earn money 
 as there are no limits to gaining revenue through different gaming  
platforms. There are sources available for professional gamers  
providing teams and leagues with fixed salaries along with bonuses.
All the children out there once dreamed to make a living out of 
playing  games and having fun is now a great possibility, all credits go 
to the  technology and great minds who’ve contributed to making the 
ludo  real money gaming industry reach the path of success.