Esports Management Statistics 2023: Facts about Esports Management outlines the context of what’s happening in the tech world.
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Top Esports Management Statistics 2023
☰ Use “CTRL+F” to quickly find statistics. There are total 35 Esports Management Statistics on this page 🙂Esports Management “Latest” Statistics
- Eye fatigue (56%) was the most common complaint from eSport players, followed by neck and back pain (42%).[1]
- 36% and 32% of eSport athletes reported having hand and wrist pain.[1]
- By 2019, 427 million people will be watching eSports, which will reach a global audience of 1.1 billion by 2021, according to Newzoo, a market tracking company.[1]
- Over $1.5 billion has been earned by players from prizes and sponsorships.[1]
- The most well-known is “Twitch.com,” which streams more than 40% of all eSports competitions.[1]
- Amazon paid $970 million in 2014 to acquire Twitch.[1]
- In 2020, the global esports industry is expected to be worth $947.1 million.[2]
- Global esports revenues are anticipated to reach $1,084 million in 2021, an increase of 14.5 percent year-over-year.[2]
- It is anticipated that the combined value of the global esports market and games streaming will exceed $3.5 billion by 2025.[2]
- In addition, it is anticipated that sponsorships and media rights will account for 75% of the total esports market revenue in 2021, which will amount to approximately $833.6 million.[2]
- Based on advertising spending, the estimated size of the US esports market in 2020 is $196 million, which is $3 million less than the estimates made prior to the pandemic.[2]
- In the meantime, 1.8 billion people across the globe were aware of esports in 2019.[2]
- In 2024, the audience for competitive gaming is expected to reach 577.2 million, which is a CAGR of 7.7%.[2]
- Over half of those who watch esports and gaming are located in Asia-Pacific.[2]
- China is now home to the largest gaming and esports community in the world, and by 2020, the country is expected to have earned $375 million from esports.[2]
- Esports are watched monthly by 26% of internet users in the nation.[2]
- Experts anticipate a 10 percent increase in live-streaming audiences for the global games in 2021, reaching 728.8 million.[2]
- The number of people who watch esports and games may finally reach one billion by 2025.[2]
- There were 198 million people who were fans of esports in 2019, and that number increased to 223 million in 2020.[2]
- Between the ages of 16 and 24, 32% of people worldwide who use the internet to watch esports tournaments.[2]
- It should come as no surprise that 72% of esports fans in the United States are male.[2]
- The average number of female esports fans worldwide in 2019 was 22%.[2]
- In the third quarter of 2020, viewers collectively watched 7.46 billion hours of esports and games live-streaming content—a 91.8 percent increase from the previous quarter.[2]
- It’s interesting to note that YouTube Gaming saw the greatest increase in watch hours—156 million more hours in Q3 2020 than in Q2 2020.[2]
- Twitch (1.6 billion hours), YouTube (517 million hours), and Facebook Gaming (280 million hours) will be the most popular live-streaming platforms as of August 2020.[2]
- According to the most recent data, Twitch receives 26.5 million visitors each day.[2]
- According to Newzoo’s adjusted figures for 2019, the total audience was 397.8 million, with 200.8 million occasional viewers and 197 million eSports enthusiasts.[3]
- Newzoo anticipated that its growth would continue into 2021, increasing by 8.7% year-over-year to a total of 474.0 million eSports viewers and 240.0 million occasional viewers.[3]
- According to Newzoo’s forecast, the eSports community’s Compound Annual Growth Rate (CAGR) from 2019 to 2024 will be approximately 7.7%.[3]
- Up until 2018, the previous Newzoo analysis revealed an average annual increase in eSports revenue of more than 30%.[3]
- There were 5591 tournaments with prize money totaling $236,221,114 in 2019.[3]
- Between 2020 and 2025, eSports and video games are anticipated to expand by 6%.[3]
- With a prize pool of $US40,018,400, the International 2021 in Bucharest, Romania, holds the record for both the highest individual prize pool and the highest team prize pool.[3]
- Worldwide, 532 million people will watch esports in 2022.[4]
- Esports viewers in the United States, according to Insider Intelligence, will reach 34.8 million in 2026 from 29.8 million in 2022.[4]
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How Useful is Esports Management
One of the key aspects of esports management is talent recruitment and retention. Just like traditional sports teams, esports organizations rely on a roster of talented players to compete and achieve success in tournaments. Esports managers play a vital role in identifying and recruiting top talent, negotiating contracts, and managing the day-to-day operations of a team. By leveraging their industry knowledge and connections, esports managers can help to build a competitive roster that has the potential to win championships and attract sponsors.
Moreover, esports management also entails strategic planning and financial management. Esports teams operate in a highly competitive and rapidly evolving industry, and staying ahead of the curve requires careful planning and foresight. Esports managers must not only develop strategies to help their teams succeed in tournaments but also ensure that the organization remains financially viable in the long run. This involves securing sponsorships, managing merchandise sales, and exploring new revenue streams to maximize the team’s profitability.
In addition, esports managers are responsible for overseeing the day-to-day operations of their teams, including scheduling practices, organizing travel arrangements for tournaments, and coordinating media appearances. They act as a bridge between the players and the organization, ensuring that both parties are working towards a common goal and resolving any conflicts that may arise. By handling the logistical and administrative aspects of team operations, esports managers allow players to focus on their performance and training, ultimately leading to better results on the competitive stage.
Furthermore, esports management also plays a critical role in shaping the public image and branding of esports organizations. With the increasing mainstream visibility of competitive gaming, it is more important than ever for teams to establish a strong and recognizable brand identity. Esports managers work closely with marketing and PR teams to develop cohesive branding strategies, cultivate relationships with sponsors, and engage with fans on social media. By effectively leveraging digital and traditional marketing channels, esports managers can help to elevate their team’s profile and attract a wider audience.
Overall, esports management is a multifaceted and dynamic field that requires a diverse skill set and a deep understanding of the competitive gaming landscape. From talent recruitment and strategic planning to financial management and brand development, esports managers play a crucial role in driving the success and sustainability of esports organizations. As the industry continues to grow and evolve, the demand for skilled esports managers will only increase, making it a valuable and rewarding career path for those passionate about competitive gaming.
Reference
- bmj – https://bmjopensem.bmj.com/content/5/1/e000467
- financesonline – https://financesonline.com/esports-statistics/
- influencermarketinghub – https://influencermarketinghub.com/esports-stats/
- insiderintelligence – https://www.insiderintelligence.com/insights/esports-ecosystem-market-report/