<\/span><\/h2>\nGenerally speaking, esports refers to the evolution of video games into a fully professional structure, including a range of elements characteristic of professional sports, such as teams, leagues, tournaments, sponsors, and salaried players. The 2023 Asian Games will be the first time that esports will be included in an international multi-sport event, which will mark Esports’ debut as an official event.<\/p>\n
A number of forms of digital entertainment, including Esports have experienced growth during the Covid-19 pandemic, and are forecast to generate over $1 billion in revenue for the first time during 2023, primarily through media rights and sponsorship.<\/p>\n
In 2023, Esports are expected to grow to nearly $2 billion, exceeding the current $1 billion mark in 2021. 73 million viewer are expected during the final of the League of Legends World Championship in 2021 – a 60% increase over 2020, and this record is expected to be smashed once again in 2023 as 73 million viewers watch those events.<\/p>\n
The results of this study clearly illustrate that gaming has evolved into a spectator sport, and we expect to continue seeing both a rise in both the number of professional gamers and the size of prize pools over the coming year.<\/p>\n","protected":false},"excerpt":{"rendered":"
It is often through watching the Video Games industry, which is a $90 billion global industry and known for a number of the tech trends that impact our lives, that many people first get a sense of how these trends work. The same can be said about robotics, supercomputers, virtual and augmented reality (VR\/AR), blockchain […]<\/p>\n","protected":false},"author":21,"featured_media":229947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[3117],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/posts\/223858"}],"collection":[{"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/comments?post=223858"}],"version-history":[{"count":3,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/posts\/223858\/revisions"}],"predecessor-version":[{"id":242118,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/posts\/223858\/revisions\/242118"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/media\/229947"}],"wp:attachment":[{"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/media?parent=223858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/categories?post=223858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hitechwork.com\/wp-json\/wp\/v2\/tags?post=223858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}