The Game Streaming Market is Growing Rapidly Due to the COVID-19 Pandemic

Game livestreaming should grow 10% to 728.8 million viewers in 2021, according to a Newzoo report.

Game streaming users expected to grow 10% (YoY) to 728.8 billion in 2021, and to reach 920 million by 2024, growing 9.2% (CAGR)

The number of e-sports viewers is also expected to grow by 8.7% to 474 million in 2021, and sales are also expected to grow by 14.5% to $1 billion, with sponsorship sales overwhelming.

The global esports audience will grow to 474.0 million in 2021, a year-on-year growth of 8.7%.

The global esports audience will continue to grow with a CAGR of 7.7% to 577.2 million in 2024.

Like in the steaming ecosystem, growth markets will drive much (but not all) of esports’ future audience growth.

Global esports revenues will hit just shy of $1.1 billion by the end of 2021, a year-on-year growth of 14.5% over 2020’s $947.1 million.

Source: newzoo