Saturday, June 25, 2022
No Result
View All Result
Esports Grizzly
  • Home
  • College Esports
  • Industry
  • GamesUpdates!
    • Call of Duty
    • Counter Strike
      • CS:GO Betting Sites
    • DOTA 2
      • Dota 2 Betting Sites
    • FGC
    • Fortnite
    • League of Legends
      • League of Legends Betting Sites
    • Mobile Legends
    • Overwatch
    • PUBG
    • Rainbow Six Siege
    • Valorant
  • Esports Betting SitesNew
    • Bitcasino Esports Review | Evil Geniuses’ Home Esports Bookmaker
    • Sportsbet.io Esports Review
    • Cloudbet Esports Review | Is Cloudbet Legit?
    • Dogecoin Esports Betting Sites
    • Luckbox Review (2021) – Is Luckbox Esports Safe?
    • Betway Esports Review
    • GG.Bet Esports Review | League of Legends, Dota 2 and CS:GO
    • Rivalry Esports Review
    • Pinnacle Esports Review
  • Consoles
  • Streamers
  • Q&A
  • Blog
  • Opinion
  • Newsletter
Saturday, June 25, 2022
No Result
View All Result
Esports Grizzly
No Result
View All Result

esports-in-asia-growth-aesf-2022

Image credit: AESF

Esports Continues to Rise in Popularity, With Asia as One of the Top Regions

in Industry
February 8, 2022
  • Esports has become a staple in contemporary competition
  • Many regions have seen great growth in esports viewership, with Asia as one of the top regions
  • Specialists predict that esports’ rise to prominence is just beginning

Esports continues to grow with viewership numbers and revenues increasing greatly in certain regions.

Esports Has Become a Staple

Esports’ rise to prominence continues. Over the last few years, professional gaming has exited obscurity. It is now an acknowledged form of competition with hundreds of events each year. Some of them offer millions of dollars in prizes for the winners.

Esports is not only an exciting way for people to compete but a whole industry that provides jobs to hundreds of people. Athletes don’t exist in a vacuum and are supported by a myriad of professionals such as managers, casters, content creators, marketing specialists and so on.

This growth provides a lot of opportunities to emerging markets. India has been one of the countries that have welcomed esports. Currently, numerous Indian teams compete in various events and represent their country on the global scene. The same applies to Latin America whose budding esports market has attracted a plethora of investors.

Esports Are Welcomed in Asia

Southeast Asia has also seen a great interest in competitive gaming with some of the biggest SEA events having a peak audience of millions of locals.

Asia, in particular, has been very welcoming to the idea of esports and has already had a few events where certain esports titles were played as medal sports. There are even more such events on the way. Despite gaming facing some hurdles in China, Asian teams and athletes continue to work for the popularization of the esports discipline.

Esports has had a significant rise in popularity over the past few years.

Esports in Asia particularly experienced explosive growth💥 Here’s how the region measures up 📈#esports #AsianEsportsFederation #AsianEsports #SEAEsports #ASEANEsports pic.twitter.com/r2SR6Ec155

— Asian Electronic Sports Federation (@AESF_Official) February 4, 2022

It was estimated that esports viewership in Asia has increased by 21% between 2019 and 2020. Translating this into numbers, there were around 618.4 million spectators in 2020 against 510 million in 2019. Thanks to this increased interest, esports revenues also saw an increase of 4.9%. According to statistics, Asian esports yielded $543.8 million in 2020 alone.

Experts project further growth for the Asian market throughout 2022.

Esports’ Growth Has Just Begun

The world as a whole has greatly warmed up towards gaming. Even the Olympic Committee couldn’t just sit on the sidelines and joined the esports fun with competitions in a few sports simulation games. The committee is still reluctant to promote games that depict violence but is happy to showcase competitions in less action-oriented titles. The Olympic Committee isn’t the only sports association that has shown interest in sports. Other sports bodies have also signed various deals with esports organizations.

Weirdly, COVID-19 had beneficial effects on the esports industry and esports betting in particular. While other sports couldn’t hold their leagues, esports just opted for an online format.

 Newzoo projects that worldwide esports revenues will increase to $1.6 billion by 2024. It will be exciting to see whether that number is an overstatement or an understatement.

Tags: AsiaEsports Industry
Angel HristovbyAngel Hristov
Tags: AsiaEsports Industry
Home » Esports Continues to Rise in Popularity, With Asia as One of the Top Regions
ShareShareTweetShareSend
league-of-legends-clash-between-champions
Blog

Betting on League of Legends: Top 5 Sites to Wager Using Bitcoin

by Papa Bear
March 1, 2022

Few games have captured the hearts of the wider audiences quite like Riot Games’ masterpiece League of Legends has. The...

Read more
overwatch-female-characters
Opinion

Women in Esports: How Esports Are Moving Towards a More Inclusive Future

by Angel Hristov
October 25, 2021

Gaming has long been regarded as something reserved for nerdy boys. As times change women join in on the fun...

Read more
v-bucks-currency-in-fortnite
Blog

Bitcoin Esports: Best Crypto Esports Betting Sites

by Alexander Todorov
January 23, 2022

Bitcoin esports betting is on the rise. The idea of placing wagers on your favorite esports teams is an experience...

Read more

Latest and Popular

Mesut Ozil with an esports shirt for his new team.
Industry

Arsenal Veteran Footballer Mesut Özil Might Move into Esports

by Stefan Velikov
June 21, 2022
The official featured logo for the Military Gaming League.
Industry

Generation Esports Acquires the Military Gaming League

by Stefan Velikov
May 23, 2022
100-thieves-facebook-cover
Industry

100 Thieves is Developing a Video Game

by Angel Hristov
May 23, 2022
ukraines-war-bloodied-flag
Industry

How Streamers and Esports Pros Are Helping Ukrainian Civilians

by Alexander Todorov
May 9, 2022

Next Post
valkyrae-during-a-live-stream

Valkyrae Advised Her Fans to Not Pick Streaming as Their Only Job

eSports Grizzly Mobile Dark
eSports Grizzly Mobile Dark

Content Categories

  • Blog
  • Call of Duty
  • College Esports
  • Consoles
  • Cosplay
  • Counter Strike
  • DOTA 2
  • FGC
  • Fortnite
  • Gaming
  • Halo
  • Hearthstone
  • Industry
  • League of Legends
  • Mobile Legends
  • News
  • Opinion
  • Overwatch
  • Popular
  • PUBG
  • Q&A
  • Rainbow Six Siege
  • Rocket League
  • Streamers
  • Uncategorized
  • Valorant

Recent Posts

  • NaVi Dominates the BLAST Premier Spring Final 2022
  • Arsenal Veteran Footballer Mesut Özil Might Move into Esports
  • Blizzard Promises Consistent Content Updates and Battle Pass For Overwatch 2

About Esports Grizzly

We bring you the best Premium esports content from around the globe.

Our FREE weekly newsletter

Keep in the loop with our minimalist weekly newsletter. Subscribe today!

GET IN TOUCH

Esports Grizzly reports on the latest industry and gaming intelligence, Want to pitch in? Get in touch!

  • Home
  • About us
  • Privacy Policy
  • Disclaimer
  • Terms and Conditions
  • Contact

© 2021 Esports Grizzly - Your daily BITE of global esports

No Result
View All Result
  • Home
  • College Esports
  • Industry
  • Games
    • Call of Duty
    • Counter Strike
      • CS:GO Betting Sites
    • DOTA 2
      • Dota 2 Betting Sites
    • FGC
    • Fortnite
    • League of Legends
      • League of Legends Betting Sites
    • Mobile Legends
    • Overwatch
    • PUBG
    • Rainbow Six Siege
    • Valorant
  • Esports Betting Sites
    • Bitcasino Esports Review | Evil Geniuses’ Home Esports Bookmaker
    • Sportsbet.io Esports Review
    • Cloudbet Esports Review | Is Cloudbet Legit?
    • Dogecoin Esports Betting Sites
    • Luckbox Review (2021) – Is Luckbox Esports Safe?
    • Betway Esports Review
    • GG.Bet Esports Review | League of Legends, Dota 2 and CS:GO
    • Rivalry Esports Review
    • Pinnacle Esports Review
  • Consoles
  • Streamers
  • Q&A
  • Blog
  • Opinion
  • Newsletter

© 2021 Esports Grizzly - Your daily BITE of global esports

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.