What are the emerging esports markets in 2023?

What are the emerging esports markets in 2023?

In 2023, emerging esports markets include regions like Southeast Asia, Latin America, and parts of Africa, driven by increased internet access and gaming popularity.

What factors are contributing to the growth of these markets?

Key factors include rising smartphone penetration, local tournaments, investment from major brands, and a growing youth demographic interested in gaming.

Which games are most popular in these emerging markets?

Popular games include titles like League of Legends, Dota 2, and mobile games like PUBG Mobile and Free Fire, which resonate well with local audiences.

How can investors tap into these markets?

Investors can tap into these markets by sponsoring local teams, investing in gaming infrastructure, and partnering with regional esports organizations.

What challenges do these markets face?

Challenges include regulatory issues, lack of infrastructure, and competition from established markets, which can hinder growth.