Esports should grow into a $765M business by 2018 as millions tune in for Dota 2, Counter-Strike

The esports market has a very bright future as its revenues quickly approach $1 billion.

Professional gaming is expected to generate $278 million this year, according to the latest Global Growth of Esports Report from industry intelligence firm Newzoo. That’s up 43.1 percent year-over-year. The report also reveals that the number of people who are esports enthusiasts has grown from 89.7 million in 2014 to 116 million this year. And that level of growth is expected to continue. Newzoo is now expecting this industry to make more than $765 million by 2018 as the number of competitive-gaming enthusiasts reaches 165 million.