South East Asia Esports Market is Booming with a CAGR of 8.20% by 2032

Written by Tushar Imarc  »  Updated on: October 28th, 2024

IMARC Group, a leading market research company, has recently releases report titled “South East Asia Esports Market Report by Revenue Model (Media Rights, Advertising and Sponsorships, Merchandise and Tickets, and Others), Platform (PC-based Esports, Consoles-based Esports, Mobile and Tablets), Games (Multiplayer Online Battle Arena (MOBA), Player vs Player (PvP), First Person Shooters (FPS), Real Time Strategy (RTS)), and Country 2024-2032”. The study provides a detailed analysis of the industry, including the South East Asia esports market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the South East Asia Esports Market?

The South East Asia esports market size is projected to exhibit a growth rate (CAGR) of 8.20% during 2024-2032.

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South East Asia Esports Market Overview:

The South East Asia esports market is expanding due to technology advancements and a rising number of active gamers. Furthermore, there is a growing investment in esports infrastructure, including the building of specific venues, training facilities, and internet platforms that enable competitive gaming.

Apart from this, the expansion of high-speed internet and low-cost gaming devices is making esports more accessible to a larger audience, while mobile gaming is fueling growth owing to its widespread availability and appeal in the area.

South East Asia Esports Market Trends and Drivers:

Another key driver of the South East Asia esports market is the strong support from both the public and private sectors. In addition to this, government authorities are recognizing the potential of esports as a lucrative industry and are investing in its development through policies and funding, which is acting as another growth-inducing factor. Furthermore, private companies, including tech giants and traditional sports organizations, are entering the esports space, providing sponsorships, and forming partnerships to capitalize on the growing market.

The growth of social media and streaming services has also played an important part in improving the exposure and reach of esports, allowing players to create big followings and communicate with fans. In line with this, the societal acceptance of gaming as an authorized form of entertainment and competition is creating a thriving esports community, which is expected to boost the South East Asia esports industry throughout the predicted period.

South East Asia Esports Market Segmentation:

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 Player (PvP)

• First Person Shooters (FPS)

• Real Time Strategy (RTS)

Country Insights:

• Indonesia

• Thailand

• Singapore

• Philippines

• Vietnam

• Malaysia

• Others

Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=19819&flag=C

Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

• Comprehensive mapping of the competitive landscape

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

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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