> For the complete documentation index, see [llms.txt](https://whitepaper.esportsone.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.esportsone.com/introduction/summary/market.md).

# Market

![](https://1716525135-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F9QflbB4srnmLNTDMNo9G%2Fuploads%2F5gFNr7MDJtylf4sTcyZg%2F23.%20Market.png?alt=media\&token=c96992a4-c558-47ef-9114-f1f4f334cd56)

### **Esports & Gaming**

The gaming market, already valued at $150B, continues to grow with an increasing user base alongside increasing spending. Today there are **3.1 billion people** that play video games worldwide. **Esports is one of the fastest-growing industries,** with the fan base specifically growing year on year. 

Between 2021-2025, forecasts show a CAGR of 9.32%, resulting in revenues of $223 billion by 2025.

<table><thead><tr><th width="150">Year</th><th width="176">Market Rev.</th><th width="222.61725067385444">Global Viewership</th><th>LoL Worlds</th></tr></thead><tbody><tr><td><strong>2020</strong></td><td>$970M</td><td>436M</td><td>46M</td></tr><tr><td><strong>2021</strong></td><td>$1.28B</td><td>474M</td><td>73M</td></tr><tr><td><strong>2025 (est)</strong></td><td>$2.89B</td><td>577M</td><td>-</td></tr></tbody></table>

### NFTs

![https://coinmarketcap.com/nft/](https://1716525135-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F9QflbB4srnmLNTDMNo9G%2Fuploads%2FBSZ1jq5YbUNzXoZMkRGy%2FMarket%20Cap.png?alt=media\&token=79b4c0a5-8722-47b9-8121-027ec19fbd8a)

![https://www.theblockcrypto.com/data/nft-non-fungible-tokens/nft-overview](https://1716525135-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F9QflbB4srnmLNTDMNo9G%2Fuploads%2FdKNSUmIR9whjyjl6GnZX%2Fweekly-nft-sales.png?alt=media\&token=3fd14572-7df1-4c28-992c-7206795ceef0) ![https://www.theblockcrypto.com/data/nft-non-fungible-tokens/nft-overview](https://1716525135-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F9QflbB4srnmLNTDMNo9G%2Fuploads%2FmNBetZLIt31bwbwbQM20%2Fweekly-trade-volume-of-nfts.png?alt=media\&token=aa11db4b-3eda-45ba-9254-f3f4fa78de85)