Game livestreaming will grow 10% in 2021 to 728.8 million viewers, according to a report by game and esports data firm Newzoo.

Newzoo also expects viewership to grow at a 9.2% compound annual growth rate to 920.3 million by 2024. In 2020, viewership grew 11.7% to 662.7 million. The numbers of viewers for games are much higher than the numbers of viewers for esports. That means other strong categories, such as humor, are also good at generating audiences.

As with most online games, lockdown measures resulted in spiking livestream viewership across all platforms. More consumers were — and still are — confined to their homes, driving them to spend more time on platforms like Twitch, YouTube, and Huya.

The pandemic has certainly accelerated — and will continue to accelerate — the livestreaming audience, but Newzoo expects stabilization once the pandemic subsides.


GamesBeat at the Game Awards

We invite you to join us in LA for GamesBeat at the Game Awards event this December 7. Reserve your spot now as space is limited!

Learn More

To that end, audience growth rates will progressively return to their more natural levels by 2024. Nevertheless, emerging markets and regions will stay on their path of double-digit growth.

This growth will also be driven by mobile gaming’s popularity in Latin America, the Middle-East and Africa, Central Southern Asia, and Southeast Asia. Countries in these regions (especially China) are pushing the streaming audience ever-closer toward the one-billion mark — a feat that seemed unfathomable even five years ago.

China’s streaming ecosystem is vastly different from the West’s, and the report delves into some of those differences.

Above: The growth rates for the esports audience.

Image Credit: Newzoo

The global esports audience will grow to 474.0 million in 2021, a year-on-year growth of 8.7%. Esports enthusiasts (those who watch more than once a month) will account for just under half of this number (234 million).

The global esports audience will continue to grow with a CAGR of 7.7% to 577.2 million in 2024. The market is expected to cross the half-a-billion mark in 2022.

Like in the steaming ecosystem, growth markets will drive much (but not all) of esports’ future audience growth. Ongoing infrastructure developments are continuing to empower residents in these areas. Another factor in the strong audience growth is mobile, which has now entered the upper echelon of the esports market.

Above: The revenue streams for esports.

Image Credit: Newzoo

Global esports revenues will hit just shy of $1.1 billion by the end of 2021, a year-on-year growth of 14.5% over 2020’s $947.1 million.

In 2021, $833.6 million in revenues — over three-quarters of the total market — will come from media rights and sponsorship.

The instability caused by the pandemic, however, has negatively impacted some key esports revenue streams. The cancelation of in-person events diminished ticket revenues while also having a secondary effect on merchandise across the board.

GamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. Discover our Briefings.