Podcast
Questions and Answers
Which industry is esports a part of?
Which industry is esports a part of?
- Music industry
- Fashion industry
- Video game industry (correct)
- Film industry
According to research firm Newzoo, how much revenue will esports generate per year by the end of 2022?
According to research firm Newzoo, how much revenue will esports generate per year by the end of 2022?
- $10 billion
- $1.79 billion (correct)
- $2.5 billion
- $500 million
What has affected the amount of revenue esports will generate in 2022?
What has affected the amount of revenue esports will generate in 2022?
- The decline in video game sales
- The ongoing COVID-19 pandemic (correct)
- The lack of sponsorships
- The popularity of online gaming
Why were many tournaments in 2020 and 2021 either online-only or cancelled?
Why were many tournaments in 2020 and 2021 either online-only or cancelled?
What do sponsorships enable elite players to do?
What do sponsorships enable elite players to do?
Flashcards
Esports Industry
Esports Industry
Esports is a part of the video game industry, where professional gamers compete in video games for prizes and recognition.
Esports Revenue 2022
Esports Revenue 2022
According to Newzoo, esports was projected to generate $1.79 billion in revenue by the end of 2022.
COVID-19 Impact on Esports
COVID-19 Impact on Esports
The COVID-19 pandemic significantly affected esports revenue in 2022, leading to changes in tournament formats and reduced sponsorship.
Online-Only Tournaments
Online-Only Tournaments
Signup and view all the flashcards
Esports Sponsorships
Esports Sponsorships
Signup and view all the flashcards
Study Notes
Esports Industry
- Esports is part of the entertainment industry.
Esports Revenue
- By the end of 2022, esports is expected to generate $1.5 billion in revenue per year according to research firm Newzoo.
Factors Affecting Esports Revenue
- The COVID-19 pandemic has affected the amount of revenue esports will generate in 2022.
Impact of COVID-19 on Tournaments
- Many tournaments in 2020 and 2021 were either online-only or cancelled due to the COVID-19 pandemic.
Sponsorships and Elite Players
- Sponsorships enable elite players to focus on their training and compete at the highest level.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
