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ARTICLE · 14 DECEMBER 2020

Esports As Sport

DLA Piper
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All of a sudden, during the coronavirus outbreak, sports fans have discovered the fun of watching video game competitions. This practice is not new, and the esports market has been rapidly growing in recent years.

ItalyMedia, Telecoms, IT, Entertainment
Giulio Coraggio
Giulio Coraggio

Esports as a sport to boost global growth

All of a sudden, during the coronavirus outbreak, sports fans have discovered the fun of watching video game competitions. This practice is not new, and the esports market has been rapidly growing in recent years. However, there is no doubt that the lack of competition from traditional sports has given esports unprecedented visibility.

The issue is how to maintain this visibility in the long term. Only the recognition of esports as a sport can lift the regulatory restrictions that are currently limiting its global growth, granting a global regulatory framework able to attract substantial investment.

The value of the esports market is currently limited but, according to Newzoo, it will reach just over USD1 billion in 2020.

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