iGB releases third annual esports report

At a time when the world is tightening its belt and much of the entertainment industry is feeling the pressure of the cost-of-living crisis, esports continues to shrug off any notions of recession. Computer gaming thrives in moments of economic contraction as gamers tend to fill ranks and find their escapism and dopamine-drip online. As such, esports continues to provide incredible growth globally, a phenomenon highlighted in iGB’s third annual report on the sector.

As the report makes clear, government, regulators, brands and investors have seen the power of esports and video games to not only stand strong during the pandemic but also be a driver for jobs, investment, the economy and so-called soft power.

Elsewhere, the report looks at some of the most significant regulatory developments of the past year, in particular in the US, Europe and China, and offers a glimpse of what that could mean for other regions that may follow suit.

It also sheds light on mobile gaming and two long shots: virtual reality/augmented reality-based (AR/VR) esports, and blockchain gaming-based esports.

Esports report 2023: Moving closer to maturity, still room for growth is available to read below; interested parties can also download a pdf version by clicking on the icon.