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).
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