[vc_row][vc_column][vc_column_text]Esports is the fast-growing, international phenomenon of competitive video gaming. In 2027, it’s estimated that esports will generate more than $6.81 billion in revenue for a compound annual growth rate (CAGR) of 24.4% from 2020. The 2021 Free Fire World Series is a tournament hosted in Singapore, which attracted a record 5.41 million viewers, topping League of Legends’ previous record of 3.99 million! A great example of how esports has become a global phenomenon! Esports has been around since as early as 1972 with games such as “Spacewar!” but was not considered a sport until recently where fans began organizing tournaments and competitions for prize money just like traditional sports athletes do today. The sheer amount of players and spectators in and around the esports world is trending towards being as big as traditional sports or bigger. This blog post will cover what you need to know before investing in what many call the decade’s investment opportunity.
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