Esports revenues to grow 68% by 2023

The esports sector of the gaming industry continues to grow and evolve. According to German analysts Block-builders. net, revenues from tournaments, championships and other eSports events and events will grow by 68% by 2023.

The outlook of the industry proves that by it connects new members. Discounters Aldi and Lidl enter into contracts with promising esports.

And furniture giant IKEA announced that it is going to produce collections aimed at gamers, in collaboration with ASUS Rog. The most popular esports discipline remains League of Legends.

In January 2021 alone, and on the Twitch platform alone, viewers spent 34 million hours watching games on the game. As for predictions, by 2024, video game sales in Germany will grow by 22%.

This trend is also reflected on the stock exchange: over the past year, shares of the large exchange-traded fund VanEck Gaming ETF have soared 74. 5 per cent.

By comparison, Germanys DAX stock index rose just 2. 4 percent over the same period.

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