SeatGeek is a search engine and mobile-focused ticket marketplace that allows fans to buy and sell tickets for live events. As of August 2018, SeatGeek has exited the Australian, New…read more
Chinese eSports market to grow US$3 billion by 2020
Having recently added eSports as a profession, the Chinese Government has predicted that eSports and the online gaming market is expected to grow to US$3 billion by 2020.
According to a report from China’s state television broadcaster, China Central Television (CCTV), the nations eSports market is projected to double within two years, following a market estimate of US$1.25 billion in 2018.
The report also found that there are more than 50,000 people working in the Chinese eSports industry, with that number expected to surpass 250,000 by 2020.
Commenting on the growth, Bang Xu, Vice President of Tomorrowland Esports told CCTV “the number of eSports leagues in 2016 was just less than 10 (but now) the number of eSports leagues has exceeded 100.”
In an effort to try and keep pace with the influx of gamers, many Chinese colleges are opening up state-funded eSports related programs focused on supporting and cultivating talents, as well as management, event operation and broadcasting.
Image: The recently opened Cyber Games Arena in Hong Kong is the largest eSports facility in Asia.
19th February 2019 - Telstra to explain rise of esports at SPORTELAsia convention
15th February 2019 - News report suggests few Chinese sports venues are profitable
6th February 2019 - New Hong Kong eSports facility seen as boost for city economy
16th November 2018 - New research shows increasing professionalism in eSports
18th April 2018 - Dubai announces plans to develop dedicated eSports stadium
11th May 2017 - Chinese Super League delivers virtual reality in live broadcasts
28th April 2017 - Asian Games 2022 to feature eSports events
2nd March 2017 - Chinese eSports players generate US$730 million in revenue
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
Swimplex Aquatics are a world-class company dedicated to the commercial pool, waterslide industry. We are Australian market leaders servicing all states Australia wide. Swimplex provide a full…read more
As of the 1st July 2018, Enta Australasia Pty Ltd/Best Union has been rebranded as VIVATICKET Pty Ltd. 19th July 2018 - ENTA AUSTRALASIA REBRANDS AS VIVATICKET 17th October 2016…read more
Fun Wheels Pty Ltd are the premium dealer in Australasia for the Dutch company BERG’s commercial and domestic products. Our flagship product is their revolutionary pedal go-kart – the…read more
Turnstile Entry Systems and Access Control Centaman Entrance Controls’ Award Winning Range of Access Control Systems includes tripod & triarm turnstiles, speedgates, full height…read more
Anti Wave International is the original suppliers of top performance swim, aquatic sports, leisure and pool programming equipment. Founded in 1971, Anti Wave International is proud of its…read more
We are the leading providers of kids fun multi-sports programs for Sport and Recreation Centres. Programs cover twelve common sports as well as Gross Motor Skill Development and suit children from as…read more
INTRODUCTION Abel Sports is Australia’s leading manufacturer and suppliers of Goal Posts, sports ground safety netting systems and coaches boxes for Stadiums ,Sports Clubs, Councils and…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!