A new report has revealed that China, US, and South Korea hold the top three ranks in the global Esports market. These three nations account for the highest income in the world for Esports.
The information arrives from Omdia (Via GameDeveloper) who also noted that the highest income changed from the US to China in the past five years. Back in 2018, the US ranked first, while China and South Korea came in second and third respectively. But as of 2019, the China has surpassed the US in terms of Esports revenue, with South Korea arriving third, Germany ranking fourth, and Britain holding the fifth spot.
Furthermore, Omdia also shared its projection for the Esports industry till the year 2025. It believes that the top five countries accounted for 73 percent of the global Esports revenue in 2020, although, this share will drop to 69 percent as lower ranked countries slowly increase their market share in the industry thank to the expansion of high speed networks.
Notably, iResearch, a Market research and consultancy based firm, shared their 2021 China Esports Industry Report back in May 2021, which shared the overall market size of China’s Esports industry. The report believed that the market will surpass 145 billion Yuan (roughly 22.5 billion US Dollars) in 2020. The largest contributor to this is the rapid growth of the mobile Esports gaming market. This figure is expected to surpass 180 billion Yuan within this year.
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