The Rise of ESPORTS

The Rise of ESPORTS!!!

The pandemic and the new approach we had to conduct our lives prompted many facets of our daily life to slow down or even come to a complete stop. Even though many sectors of our economy are gradually opening up, a great deal of harm has already been inflicted.

In an online multiplayer setting, contestants engage in a sport called ESPORTS using video games. Thanks to substantial advertising and marketing on various internet streaming platforms like YouTube and Twitch, it has effectively commanded the Indian and global markets.

For instance, Riot Games’ League Championship Series estimated that approximately 35 million hours were watched during the Summer 2020 finals. A peak viewership of 550000 individuals watched the tournament throughout the pandemic summer via online broadcasts, which was their highest viewing in about four to five years.

With only 25 programmers a decade ago, India’s online gaming market seemed inadequate. Currently, the country is home to about 250 game developers. Tencent, Nazara, Paytm, and Alibaba are just a few of the industry stalwarts that have previously invested in the gaming sector in India.

Most of the profit generated in sports comes from enterprises like Oppo and Asus. The Electronic Sports League, in which Dota 2 players from across the world competed, and the PUBG Mobile Series 2019 were two of the most notable esports events organized in India.

Counter-Strike: Global Offensive has contributed significantly to India’s current reputation as a global leader in esports. Dota 2, an online multiplayer combat game in which two teams of five players each battle, is the first Esport game to have successfully trounced the Indian market.

One of the factors contributing to India’s economy’s stability amid a global pandemic is online gaming. Pre-covid and lockdown figures show a 60% rise in online gamers using smartphones.

The driving factors of the sector’s growth are India’s sizable younger generation and smartphones’ low cost and widespread availability. Furthermore, it paved the way for creating a casino site for Indian players. The mass adoption of 4G high-speed internet is yet another element influencing the growth of the online gaming profession.

Esports has grown substantially in India in large part due to e-commerce portals. They make sure users have access to the equipment and add-ons essential for the game.

Online players need high-performance gaming tools and equipment. Such gaming accessories’ producers ensure that demand is met while balancing affordability and accessibility.

When it comes to the expansion of the gaming business, connectivity is essential. With an emphasis on budget and high-speed internet access, telecommunications providers offer the most affordable data packages.

Pro players in India have few alternatives for employment in the esports industry because the ecosystem and infrastructure of the land are not set up to accommodate such a way of life.

Other jobs in the esports domain, including game commentator, influencer, or programmer for creating artificial intelligence for games, could, however, open up in the future. A specialized career in data management is also obtainable.

Esports is a gender-neutral profession because it doesn’t necessitate much physical strength. A few women, like Sasha Hostyn, have excelled in esports. She earned a total of Rs 34.45 lakh for winning the Intel Extreme Masters 2018 tournament.

The top prize improves along with the number of esports contestants. In India, PUBG Mobile has experienced an astronomical boom, giving gamers various job opportunities. One of the top countries in the world for PUBG mobile downloads was India.

In the upcoming months and years, esports in India will continue to grow in terms of player rewards and income.

The appeal of professional esports gaming has increased worldwide, including in India. It is astounding that online gaming is one of the economic pillars in today’s modern world, which is going through a recession imposed by the epidemic. Esports startup expenditures are soaring as more investors invest funds in digital businesses.