According to the most recent analysis by Emergent Research, the global esports market reached USD 1,165.6 million in 2020 and is predicted to grow at a rate of 20.7 % throughout the projection year. The advent of online sports cafes and higher venture capital investments are two major drivers propelling the growth of the global esports market in terms of revenue. Additionally, the market’s predicted revenue growth shortly will be fueled by an increase in the number of events with significant sponsorship deals.