Research & Markets recently released a new survey entitled “Esports in Asia”. In this piece, it was revealed that gaming grew by 4.9% in Asia from 2019 to 2020, meaning the market generated $543.8 million in revenue last year.
“Esports has emerged as one of the strongest drivers of growth in the gaming industry, and nowhere is this more evident than Asia,” the study reads. “For over two decades Asia has led global esports trends, serving as a predictor of developments that have shaped esports around the world. Understanding Asia is key to understanding the future of esports and gaming.”
The research also showed that esports-based revenues in Asia are expected to exceed $600 million this year. This would signify a 10.5% growth from 2020 to 2021.
(All information was provided by Business Wire)