The world’s online gaming market is on an exponential rise since years. So much so that its value is expected to touch the $ 2.2 trillion mark by the end of 2020. This has also to do with social interactions provided within the games and the ease of availability on popular social media platforms.

The eSports industry has seen tremendous growth over the years both in terms of viewership and revenue. eSports and gaming have burst into the mainstream in recent years, transforming from a vibrant niche to a central form of entertainment around the world. As competitive gaming cements itself in the popular culture total esports viewership is expected to grow at a 9% compound annual growth rate (CAGR) between 2019 and 2023, up from 454 million in 2019 to 646 million in 2023.