Worldwide, Esports is seen as one of the fastest growing and lucrative industries. According to Statistica, this year alone, the revenue from this industry is projected to reach US$4.8 billion (+/- P64.4 billion).
It further states that Esports revenue is expected ‘to demonstrate an annual growth rate (CAGR 2025-2029) of 5.56%, which will result in a projected market volume of US$5.9bn by 2029.’
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