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Rising Investment in Sponsorships to Create New Opportunities for eSports Market

With rising popularity of eSports gaining higher traction and generating higher sales revenue for eSports companies. Many companies are considering partnerships among technology providers.

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Rising Investment in Sponsorships to Create New Opportunities for eSports Market

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  1. THE GLOBAL ESPORTS INDUSTRY, WHICH RELIES HEAVILY ON ADVERTISEMENT AND SPONSORSHIP FOR SALES, IS EXPECTED TO EXPAND AT A RATE OF MORE THAN 22% EACH YEAR. THE GROWING POPULARITY, AS WELL AS A DROP-IN OUTDOOR SPORTING ACTIVITY DUE TO THE COVID-19 PANDEMIC, WOULD FUEL DEMAND. LEADING INDUSTRY TITANS ARE FUNDING ESPORTS COMPETITIONS AND TEAMS AS THE SPORT CONTINUES TO GROW IN POPULARITY AND DRAW MORE FANS. SPONSORSHIP REVENUE FROM ESPORTS IS A KEY BENEFIT DRIVER FOR GAME DEVELOPERS AND FRANCHISES.

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