Esports is a global industry with a high potential for growth. And the numbers are there to prove it. The Esports sector is young and rapidly evolving, and that makes it a potentially profitable area for investment. But is it worth investing in? Yes, it is. Let’s look at 3 reasons why you should invest in Esports in 2021.
Huge Earning Potential
According to Statista, the 2020 global revenues for the Esport industry were 947.1 million U.S. dollars. In 2021, they increased to $1.08 billion. The industry earnings are expected to reach $1.62 billion by 2024. By March 2021, Esports investments were around $4.06 billion.
Everything Esports-related is projected to grow, from the sale of gaming consoles to the stock values of Esports companies. In fact, Forecasts show a possible industry revenue of $3 billion by 2025. The Esports industry is still growing, and the numbers show its great potential. There’s no better time to put money into Esports than now.
2. Wide Variety of Investment Options
Esports has grown to mirror the traditional sports industry with arenas and live streamed tournaments. The investment options are as numerous as the monetization options in the industry.
One of the best ways to directly invest in Esports is by buying stocks of gaming console and software companies, media houses, ticket-selling firms, streaming sites, and other firms making big bucks in the sector. You can have a diversified portfolio of stocks or invest in exchange-traded funds (ETFs).
Also, you can become a career gamer, create or