Esports is a short form of electronic sports. This sector is the up-and-coming trend in India. You know the market value of Indiaβs gaming industry was around 90 billion rupees in 2020. Yup that is a pretty big number and there is a lot of money moving around. It is a rapidly growing industry and esports is an integral part of this industry.
Our parents would always say what can one do by playing video games, it is a pure waste of time. But playing video games is turning out to be a career path for some. There are professional esports players earning $1,000,000 a year which is equivalent to 7,18,42,608.59 rupees. These players participate in worldwide competitions and also earn by streaming their gameplay online. Some of these tournaments have a viewership of tens of millions and their prize pool is also in the millions of dollars.
India is a huge market for esports. Considering that we have a population of 314.83 million who belong to the age group of 10-25 years there is tremendous potential for growth. There are already gaming influencers who have a massive following on social media just because they play games and share those videos on various social platforms.
In India, mobile games such as PUBG, Free Fire, Call of Duty are very popular as multiplayer esports games. Similarly, we have PC games such as Counter-Strike Global Offence, Dota 2, and League of Legends. These are very popular games worldwide and major eSports tournaments are conducted around these games.
Following is the list of top esports Indian Team :
Let's discuss the business model of the esports team. It is similar to all the traditional sports. You enter into tournaments & competitions and you win the prize money. There is major sponsorship money involved which included names like Coca-cola, Pepsi, RedBull, and Intel. Apart from these, they sell various merchandise of the companies such as appraisals and gaming accessories.
Like every traditional sport, it is highly competitive and only a handful of players can reach the level of professionals. Thousands of players dream to be part of these top teams but the number of sets is limited. The training and routine are very demanding and sometimes the players have to spend several hours a day practicing.
This sector is in the early days in India and is surely going to develop into a huge segment. It will be existing to see how things pan out. Lastly, there is huge news for PUBG mobile players and esports organizers that the game is officially making a comeback in June 2021 this will definitely boost the gaming space.