Newzoo: Global Esports will Top $1 Billion in 2020, with China as the Top Market
Global esports revenues will surpass$1 billion in 2020for the first time — without counting broadcasting platform revenues, according to market researcher Newzoo.
China is the largest market by revenues, with total revenues of $385.1 million in 2020, followed by North America, with total revenues of $252.8 million. Newzoo noted that it has re-evaluated the size of the esports market, based on improved methodologies. Some media have been critical of Newzoo’s hype around esports in the past.