Newszoo: Esports to generate $1,38bn in 2022
Newzoo released its 2022 Global Esports & Live Streaming Market Report today, which predicts that esports will generate $1.38 billion in global revenue this year. Comparatively to 2021, the figure represents an increase of 22% year-over-year.
In addition, market intelligence firm Futuresource estimates that sponsorships will make up 60% of global esports earnings by 2022, which will total $837 million.Global esports earnings will reach over $1.86 billion in 2025, according to Newzoo.
Additionally, it provided a breakdown of the demographics of 2021 esports enthusiasts.
Group of members
The group is primarily young and male, although 34% of the members are female. Two-fourths of the group is between the ages of 21 and 65, while the remaining ten percent are between the ages of 10 and 20.