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Report: eSports Market Continues to Attract Investors

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In case it wasn’t obvious, eSports are one of the most important things that has happened to the gaming community. While there are still some skeptics of the phenomena, it can’t be denied that this is something that has been gaining traction in recent days. I mentioned that this is very popular among young people, but it seems it’s also popular with investors.

This study has been presented by the Business Insider Intelligence team. Business Insider brings a very perfect example on how to describe the current landscape of competitive gaming.

“To put in perspective how big eSports is becoming, a Google search for “lol” does not produce “laughing out loud” as the top result. Instead, it points to League of Legends, one of the most popular competitive games in existence.”

It’s incredible, right? Who would’ve thought that gaming communities would manage to make such a push in the right direction. In the early days, there was barely any notoriety within the eSports landscape, and now, it’s everywhere.

So it’s understandable why traditional media companies would want to capitalize on this growing trend just before it floods into the mainstream. Approximately 300 million people worldwide tune in to eSports today, and that number is growing rapidly. By 2020, that number will be closer to 500 million.

Goldman Sachs valued eSports at $500 million in 2016 and expects the market will grow at 22% annually compounded over the next three years into a more than $1 billion opportunity. Considering that there will be a potential growth in audience, you bet that these numbers will continue to increase.

Now, the report is only accessible to people who have the money to pay up for it, so I can’t make a backup. You can buy the full report here and read a bit more regarding the insights of the growing eSports scene.

I always wanted to be a journalist who listens. The Voice of the Unspoken and someone heavily involved in the gaming community. From playing as a leader of a competitive multi-branch team to organizing tournaments for the competitive scene to being involved in a lot of gaming communities. I want to keep moving forward as a journalist.

Gaming

Early Launch of Diablo 4 PS5, PS4 Has License Issues

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Blizzard couldn’t expect it to be flawless, could they? The Ultimate Edition’s four days of early access to Diablo 4 on PS5 and PS4 has caused many license errors. Blizzard may not be able to fix Sony’s issue, which is preventing them from playing.

“We are seeing reports regarding PlayStation users experiencing Invalid License errors,” community manager PezRadar writes. We’re investigating and will update.” PC and Xbox Series X|S, Xbox One players have been able to play since the game launched less than an hour ago, suggesting a Sony flaw.

Only the Ultimate Edition of Diablo 4 has early access, with the full launch on June 6, 2023. After accessing Diablo 4, consult our guide. Do you have licensing issues like PS5, PS4 players?

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Ubisoft’s E3-Style Livestream Is Worth Watching

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A new sizzle reel promises gameplay for games we’ve been waiting for at Ubsoft’s annual Forward showcase on June 12 at 10 am PT / 6 pm BST. Expect live updates on Avatar: Frontiers of Pandora, Assassin’s Creed Mirage, and The Crew Motorfest during the French publisher’s spotlight.

Publisher showcases are now commonplace. Over the next week and a half, we’ll be eating well as E3 announces exciting video games.

Ubisoft’s Forward event—what are you hoping to see?

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The PS5 and PS4 narrative adventures The Expanse revives Telltale Games

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The Expanse: A Telltale Series will release its first five episodes on PS5 and PS4 on July 27. New gameplay footage was released in a trailer.

This isn’t the original Telltale team, which imploded two years ago in a twist many saw coming. Deck Nine and LCG Entertainment are developing and publishing The Expanse, a hermit-crabbing game.

If you missed that hot moment when we were swimming in episodic narrative content, your chance is coming. The Expanse: A Telltale Series: your thoughts? Try this doppelganger?

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