Esports, the competitive video gaming industry, is expected to continue growing rapidly in the coming years, with a projected revenue of $1.08bn by 2023. The next generation of gamers is set to drive this growth by increasingly participating in an eSports sector that now covers new games, such as those with more complex technology, has become more inclusive in gender terms and become the springboard for new careers beyond gaming. Esports are also set to become even more immersive as virtual and augmented reality technologies offer new ways to engage gamers and audiences with the games.
The Future of Esports: What to Expect from The Next Generation of Gamers
Introduction
Esports, or competitive video gaming, has rapidly grown into a multi-billion-dollar industry, with millions of players and spectators around the world. The industry has seen significant growth in recent years, with a projected revenue of $1.08 billion by 2023. As such, the future of esports is extremely bright, and the next generation of gamers is expected to drive the industry to even greater heights.
Emergence of New Games
The esports industry is heavily reliant on the popularity and success of competitive games, with titles such as Overwatch, Fortnite, and League of Legends currently dominating the industry. However, with the rise in technological advancements, there is the potential for the development of newer and more complex games that could drive the future of the esports industry.
Increase in Inclusivity
As esports continues to grow, it is important to note that it has historically been dominated by male players. However, in recent years, there has been a concerted effort to increase inclusivity within the industry, with the introduction of female-only leagues and tournaments. The next generation of gamers is likely to be even more diverse than the current player base, and this will drive further inclusivity within the industry.
Development of Esports Careers
The growth of the esports industry has created new career opportunities, with individuals able to earn a living as professional gamers, commentators, and coaches. In the future, it’s expected that there will be even more career opportunities available, with the growth of esports driving the need for marketing professionals, event coordinators, and more.
Advancements in Technology
The evolution of technology has always played a critical role in the growth of the esports industry. With the improvement in graphics, sound, and processing power, we can expect to see more games that provide an immersive gaming experience for players and spectators alike. Additionally, the rise of virtual and augmented reality has the potential to change the nature of esports, providing even more ways for players and viewers to engage with the game.
Growing Investment in Esports
The esports industry has been attracting increasing investment from both traditional sports owners and technology companies in recent years. Major sports franchises such as the Philadelphia 76ers and Miami Heat have invested in esports teams, while tech giants like Amazon and Google are also investing in the industry. This investment in esports is expected to continue, further driving the growth and success of the industry.
Conclusion
The next generation of gamers will play a significant role in driving the future of the esports industry. With the emergence of new games, increased inclusivity, the growth of esports careers, advancements in technology, and greater investment in the industry, we can expect esports to continue its explosive growth in the coming years. The future of esports looks bright, and we can’t wait to see what comes next.