The global eSports betting market size is projected to grow at a compound annual growth rate (CAGR) of 16% from 2020 to 2026. This rapid growth in the eSports betting industry has been driven by the increasing popularity of online gaming and the growing trend of live streaming eSports tournaments. Due to this, the industry has seen the emergence of new platforms and various betting options. Additionally, eSports betting is gaining recognition as an attractive avenue for prospective bettors, as it offers cash prizes and various other incentives that can be won in competitions. The expansion of new technologies, such as Virtual Reality (VR) and Augmented Reality (AR), is expected to further drive the growth of the market in the coming years. With this, more contestants and bettors will enter the industry, consequently increasing the market size.