Julie Wootton-Greener, Education Dive
Esports are live video game competitions, held either online or in venues with an audience where the competition is also broadcast to online channels. Popular titles include League of Legends and Fortnite, and the games are played by amateurs and professionals alike. It’s a growing industry, in which money is made from activities such as streaming, franchising and sponsorships. Global esports revenues are expected to hit $1.1 billion this year, up 27% from last year, according to market research firm Newzoo, which provides gaming and esports analytics. North America is its largest market, accounting for more than a third of all revenue.
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