Several popular esports leagues had planned to expand live events in 2020, in hopes of creating a league system similar to that of traditional sports. Blizzard Entertainment’s Overwatch League (OWL) prepared to play full-time home and away games before live audiences, and the NBA 2K League built a new venue to house select teams’ local markets for the first time.
Their efforts would grow the overall esports fanbase and create more advertising opportunities—or so they thought. As the coronavirus canceled live games and temporarily closed venues, leagues and marketers were forced to rethink their strategies.
Thanks to their structure, leagues were able to pivot easily to online-only gameplay with remote production and speedily resumed their seasons. ESPN partnered with Riot Games to become the official linear platform for the League of Legends Championship Series (LCS) Spring Split Playoffs and held an “Esports Day,” for which it ran 12 hours of amateur and professional gaming tournaments on ESPN2.
In the absence of live sports, the media was quick to champion esports as the obvious alternative. However, according to a May survey from GlobalWebIndex, only 4% of US internet users said they were spending more time on esports.
Will heightened publicity during the pandemic be enough to draw larger and more diverse audiences into competitive gaming for years to come?
In the US Esports 2020 Report, eMarketer explores US esports ad revenues and viewership in 2020, how the pandemic affected our initial esports estimates and how marketers can leverage potential opportunities.
Here are some key takeaways from the report: