Esports

Definition - What does Esports mean?

The term "esports" covers significant ground in terms of the digital world and the technologies being developed on consumer markets. Generally, esports can be applied to any type of digital game that is competitive, regardless of specific format and theme. The industry of esports is getting a lot of attention as a growth industry, with many of the key innovations of the last ten years being applied to gaming in general and esports in particular.

Techopedia explains Esports

The gamut of esports can be applied to competitive first-person shooter games, large online multiplayer role playing games, or even primitive logic or action games, as long as there is a competitive element. Many think of esports as generally being "spectator sports" and may use the term only to describe digital games played at a professional level. Firms like Goldman Sachs are putting a lot of attention on the growth of esports based on financial metrics like the rise of public equity valuations and a growing user base. The popularity of esports is a significant phenomenon in the tech industry as a whole.

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