$1 billion was invested in esports in 2022.

Quantum Tech: esports investing hit $1 billion in 2019, revenues could be $4 billion in 2022

Quantum Tech Partners, a gaming-focused advisory group for financial deals, said in its first report that folks and firms invested $1 billion in the esports industry in 2019.

Founded by M&A advisory experts Jim Perkins and Alina Soltys, the firm is also far more bullish on the outlook for esports revenues, as it expects the industry to reach $4 billion in revenues by 2022, far more than $2.96 billion predicted by Goldman Sachs and $1.79 billion predicted by market researcher Newzoo.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.