Record Breaking Growth in the Esports Market
*Esports (also known as electronic sports, e-sports, or eSports) is a form of competition using video games. Most commonly, esports takes the form of organized, multiplayer video game competitions, particularly between professional players and teams. ⠀⠀
*Growth of streaming on services like Twitch and Youtube have helped the esports markets tremendously - popular streamers have brought in a new wave of video game enthusiasts who have generated a ton of revenue for major companies ⠀⠀
*Popular games like League of Legends, Overwatch, Fortnite and PubG have captured the attention of millions over the past year
*Investment wise - Game publishers have the most to gain from the growing adoption of esports. Companies like Take-Two and Activision primarily make money from the sale of video games. In addition to individual game sales, publishers make money from recurrent spending, which comes in the form of micro-transactions, virtual currency, and downloadable add-on content. In its most recent quarter, Take-Two reported that revenue in the category increased 72% year over year, and grew to 41% of total sales
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