I like to play games. As I grew up in the 90s, I witnessed games evolving to what it is today. My first game I played was Wolfenstien 3D, it came along with the PC my parents bought. I was six at the time and too young to be playing that game since I didn't know what most of it meant. I was just shooting at people that were shooting at me. I was scared, nervous, and became addicted to games.
I do still play games occasionally, and I am happy to see what gaming has become.
Imagine how it would feel with 20+ million people watching your every move. Which made me think of the growth in Esports.
Looking at the stocks related to esports they are all doing pretty well these days
- ATVI
- AMD
- EA
- NVDA
- TTWO
- Riot Games was bought by Tencent, earned just over half its $1.7 billion in second-quarter revenue from its games division
- Twitch Interactive acquired by Amazon
- Valve running as a private company.
My question is, what the growth potential of esports?
Should we believe the data from Newzoo or has it already matured? According to Superdata esports revenue in 2016 is 892 million with Asia generating 328 million, North America $275M, and Europe $269M. The expected growth is 1.23 billion in 2019.