Newzoo: Esports will generate $1.38B in revenue by the end of the year

Newzoo released a new report about the state of esports and livestreaming for the year so far. According to this report, esports will create quite a bit of revenue before the end of the year — almost $1.38 billion. It also predicts that esports revenues will exceed $1.86 billion in 2025.

The report adds that most of the revenue — about a third — will come from China. Although esports has several revenue streams, Newzoo expects most of it to come from sponsorships. It projects that $837.3 million, almost 60% of esports revenue, will come from sponsorships.