E-sports development injects excitement into other industries
Lawrence Chia
Chairman, Pico Group

A recent report projects that the global market value of the e-sports industry will reach US$900 million in 2018 and is expected to grow further to an astonishing US$2.1 billion over the next five years. This fast-emerging industry is driving a wave of business opportunities in all walks of life – from the gaming and equipment supply chain to tourism, hospitality, F&B and even the real estate sector.

In the events industry, we are seeing more and more e-sports competitions in the pipeline. These events are growing in size and attracting more stakeholders and participants from the general public.

As the e-sports market continues to expand, I expect more international events, exhibitions, conferences and festivals to emerge in the future; while e-gaming will also become a major interactive element in other events and exhibitions.

The rapid development of the e-sports industry will continue to drive new opportunities and create new challenges for a wide variety of industries in the near future.

*The above is a brief summary of the original Chinese article. In case of any disputes,

The full insights article was first published in Headline Finance on 20 September 2018 (in Chinese only).

Headline Finance has granted Pico permission to publish the article on all online and offline communications channels operated by Pico, as well as the channels of all our subsidiaries and affiliates.

Source: Headline Finance (E-newspaper versionWebpage version), 20 September 2018