Business Insider Intelligence
As competitive gaming cements itself in the popular culture, global investors, brands, media outlets, and consumers are all paying attention. Total esports viewership is expected to grow at a 9% compound annual growth rate between 2019 and 2023, up from 454 million in 2019 to 646 million in 2023, per Business Insider Intelligence estimates. That puts the audience on pace to nearly double over a six-year period, as the 2017 audience stood at 335 million.
As a result, the industry has seen a huge uptick in investment from venture capitalists, and more recently from private equity firms. The number of investments in esports doubled in 2018, going from 34 in 2017 to 68 in 2018, per Deloitte. That's reflected in the total dollars invested, too: Investments are up toin 2018 from just $490 million the year before, a staggering YoY growth rate of 837%, per Deloitte.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
BIIntelligence Love this
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Starling has hit the 1 million account milestone - Business Insider - Business InsiderWhile Starling's total number of accounts may trail other big UK neobanks, it could have an edge over competitors due to the sustainability of its growth:
Source: BusinessInsider - 🏆 729. / 51 Read more »
The Content Moderation Report from Business Insider - Business InsiderThis report analyzes a pressing issue currently facing social platforms — content moderation — and lays out how we expect the debate to evolve.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Insiders raise questions about SoftBank-backed farming startup Plenty - Business InsiderA futuristic farming startup raised $260 million from Jeff Bezos and SoftBank on the promise of upending agriculture. Insiders are raising questions.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Why Bank of America's mortgage business is booming - Business InsiderBank of America's mortgage tech bets have helped save billions and spark a boom in home lending. here's how it's outpacing JPMorgan and Wells Fargo. ctoricky Where's his top lip tho?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Nobel laureates Banerjee and Duflo take on world's biggest problems - Business InsiderThe winners of the 2019 Nobel Prize in Economics are taking on the world's biggest problems. We talked to them about the wealth tax, Medicare for All, and some huge misunderstandings about migration. Cool! Harvard, sounds like an interesting article :)
Source: BusinessInsider - 🏆 729. / 51 Read more »