The eSports industry’s growth attracts more and more investors
According to SafeBettingSites.com, revenues in the eSports industry are likely to reach $4 billion by 2022 amid $1 billion investments a year ago.
In 2019, eSports mergers and acquisitions hit $457 million, thus covering a total of 33 deals. Among them, 13 deals were acquisitions of teams, accounting for 39.4% of all M&A.
As to streaming rights and platform-related deals, they accounted for a significant part, which was at 24.2%. Media deals took 18.2% while hardware deals accounted for 12.1%. Real estate and developer-related deals had 3% each.
The largest investment in 2019 was on the Chinese live-streaming platform DouYu. In July 2019, the service went public on Nasdaq, raising $517 million. Meanwhile, 100 Thieves made a $35 million investment a year ago.
We’ve reported that the global gaming industry will be worth at least $159.3 billion in 2020. That’s almost three times bigger than the music industry, whose revenues in 2019 were $57 billion.