Esports Market - United States

Market Statistics

Market Size in 2023: USD 444 Million

Market Forecast in 2032: USD 1056 Million

Market Growth Rate: 10.11% (2024-2032)

The U.S. esports market is expanding rapidly, driven by increasing viewership and participation. This growth is fueled by advancements in technology and the rising popularity of esports as a form of entertainment and competition. According to the latest report by IMARC Group, the market size reached USD 444 Million in 2023. Looking forward, IMARC Group expects the market to reach USD 1056 Million by 2032, exhibiting a growth rate (CAGR) of 10.11% during 2024-2032.

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United States Esports Industry Trends and Drivers:

Key Trends in the United States Esports Market

• Investment from Traditional Sports and Corporations:

• • Traditional sports organizations and major corporations are increasingly investing in esports teams, events, and sponsorships, recognizing the industry’s profitability.

• Expansion of Esports Viewership:

• • Streaming platforms like Twitch and YouTube are hosting esports events that attract millions of viewers, contributing to the rapid expansion of the audience base.

• Rise of Mobile Esports:

• • Mobile gaming is growing in popularity, driven by the accessibility and affordability of mobile devices, leading to a rise in mobile esports competitions.

• Integration of Esports into Education:

• • Schools and universities are offering esports programs and scholarships, further legitimizing the industry and attracting young talent.

• Focus on Player Health and Well-Being:

• • Organizations are increasingly investing in mental health resources and physical fitness programs to support the well-being of professional esports players.

Market Drivers in the United States Esports Market

• Rising Demand for Interactive Entertainment:

• • Increased consumer interest in interactive forms of entertainment is driving esports participation and viewership across the country.

• Technological Advancements:

• • Improvements in internet connectivity and streaming technology are making esports events more accessible to a global audience.

• Social Media Engagement:

• • Social media platforms are boosting the visibility of esports by enabling real-time engagement between fans and their favorite teams and players.

• Sponsorships and Partnerships:

• • Major brands are investing heavily in esports sponsorships to reach younger, tech-savvy audiences, fueling further industry growth.

• Development of Esports Infrastructure:

• • The construction of specialized esports arenas and training facilities is contributing to the professionalization of the industry.

• Shift Toward Franchised Leagues:

• • The adoption of franchised leagues, similar to traditional sports, is creating stable revenue streams and promoting long-term growth for esports teams and organizations.

• Mainstream Recognition and Innovation:

• • As esports continues to gain mainstream acceptance, ongoing innovations in technology, media rights, and fan engagement are expected to sustain industry growth in the coming years.

United States Esports Industry Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest biostimulants market share in the United States. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.

The report has segmented the market into the following categories:

Revenue Model Insights:

• Media Rights
• Advertising and Sponsorships
• Merchandise and Tickets
• Others

Platform Insights:

• PC-based Esports
• Consoles-based Esports
• Mobile and Tablets

Games Insights:

• Multiplayer Online Battle Arena (MOBA)
• Player vs Players (PvP)
• First Person Shooters (FPS)
• Real Time Strategy (RTS)

Regional Insights:

• Northeast
• Midwest
• South
• West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Request for customization: https://www.imarcgroup.com/request?type=report&id=11597&flag=F

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.  IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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