What are esports and what are their emerging business models

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jubair
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Joined: Thu Jul 28, 2022 9:05 am

What are esports and what are their emerging business models

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The esports phenomenon is experiencing some of the highest growth in followers. Thanks to electronic sports, the doors have been opened to new business ideas in a sphere that already moves large amounts of money. We are talking about video game competitions with a professional character, which are no longer just a game but a profession. , Still do not know what esports are? Keep reading! You may also be interested in: Master in eSports Management The true passion for video game competitions is causing many people to wonder what esports are and what is new regarding traditional ways of playing. In this article we tell you everything you need to know about electronic sports. INDEX OF CONTENTS What are eSports? eSports or electronic sports are a novelty in the field of video games. This concept is used to name competitions organized at a professional level. They are multiplayer competitions of different video game disciplines. Its operation is very simple: each esport has its own rules and they have access to different devices and platforms online or offline. Although at first it might seem that the format would not be successful - an audience that would not enjoy watching the game as much as playing it themselves - it has already been possible to verify how these video game competitions in which the spectators observe how other gamers play, hook them.

The Spanish media already realized the potential of electronic cell numbers list sports a few years ago. From there, the Esports Generation program was born on GOL, a 45-minute news program that, in addition to offering news from the world, offered reports on the LVP (Professional Video Game League) competitions and the weekly appearance of professionals from various teams. However, it has not only reached television with force. The fervor for this electronic sport is so great that powerful film companies —Deadline's Gary Sanchez Productions together with Legendary Pictures (Warcraft)— have already decided to produce a film about this discipline. It is about an eccentric comedy within an eSports team . No one wants to be left without hatching this golden egg and eSports is right now a very profitable future business. Video games are no longer just child's play. Currently this discipline fills stadiums. In addition, competitions are held all over the world and they are even a " trending topic " on social networks .

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Its expansion has led to an increase in business models interested in promoting electronic sports and creating a new ecosystem. Esports Facts Below we leave you various data to help you understand what esports are, what is the average profile of their audience and keys about their way of consuming according to the latest surveys: Most of the audience prefers to play eSports on weekends (62%) compared to weekdays (38%). The esports fan lives his passion actively and passively. The vast majority of respondents say they prefer to watch and play esports (86%) over just playing (7.6%) or just watching (5.7%). Women have represented almost 9% of those surveyed, compared to more than 80% of men. A figure that at first glance might seem very low, but that hides a 293% increase in female representation compared to last year. Home PC is still the preferred device for watching esports (60%), followed by mobile as a second option (22%) and, in third place, but far from the top, is television (5.9%) .
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