(MENAFN- IMARC Group)
According to the latest report by IMARC Group, titled “Esports Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032” provides an extensive analysis of the industry, including esports market report . The report also covers competitor and regional analysis and the latest advancements in the global market. The global esports market size reached US$ 1.8 Billion in 2023 . Looking forward, IMARC Group expects the market to reach US$ 8.2 Billion by 2032 , exhibiting a growth rate (CAGR) of 18% during 2024-2032 .
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Factors Affecting the Growth of the Esports Industry:
Rising Popularity Among Younger Demographics:
Esports has gained immense popularity, particularly among millennials and Gen Z, who are the primary audience…