The eSports betting market share has grown significantly in recent years, and is projected to reach an all-time high in 2022. The global eSports betting market is forecasted to reach $49.35 billion USD in 2022, representing an impressive 32.9% CAGR from 2020 to 2022. The growth of eSports betting on the FX market is in line with the surge of the main driver in play here – the demand for online betting opportunities from a growing global audience. The growing popularity of online gaming and esports tournaments is driving interest in esports betting platforms and driving the market. Coupled with the rising acceptance of online payment options, the FX betting market for esports is expected see an even further surge in 2022. In order to capitalize on this opportunity, many forex operators are leveraging advanced technologies to ensure a safe and secure betting experience for their customers.
The eSports betting market share is projected to exceed $30 billion in 2021, fuelled primarily by the increasing popularity of online gaming. This is according to a report by Statista, with the market being driven mainly by a rise in the number of regional tournaments and increased media coverage. From these figures, it is clear that the eSports betting industry is rapidly expanding, with numerous companies investing in the sector. In 2021, the global market is expected to make a larger contribution to overall betting activity. As the sector continues to expand, various opportunities for punters arise, including high rewards and return on investments.