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The Esports market was valued at USD 2.0 Billion in 2020, and it is expected to reach a value of USD 7.2 Billion by 2027, at a CAGR of 24.83% over the forecast period (2020 u2013 2027).<br><br>The esports market will register positive growth due to the rising demand from millennials and the younger generation. Furthermore, rising investments, increasing audience reach, and live streaming of major sports tournaments are additional factors driving the growth of the market. The year 2020 led to the development of mobile esports, especially in the Asia Pacific region. Moreover, live esports is now becoming.
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