- PwC’s Digital Trend Outlook 2020: Esports offers strategic, financial investors opportunity to see sustainable returns from the industry
- Investors should act now if they want to participate in the esports market
- Mobius Interactive poised to leverage growing interest of investors eyeing esports potential
In its report focusing on esports, the global consultancy firm PwC states that investors should act now if they want to invest in the esports market. As a company dedicated to bringing together loyalty programs, targeted gamification and product merchandising into one seamless package targeting the 18- to 38-year-old esports community, Mobius Interactive is poised to capitalize on a growing industry that looks to be well on its way to becoming mainstream.
The Digital Trend Outlook 2020: Esports report notes that, despite increasing consumer demand, investors are still reserved due to a lack of knowledge about the ecosystem of esports (https://nnw.fm/x9v9y). (https://ibn.fm/iaEcO). But COVID-19 has changed that, accelerating esports’ movement to mainstream and raising the sector’s visibility.
Esports turned online gaming into a spectator sport, growing considerably since its humble beginnings. Overcoming physical and spatial limitations of traditional sports, esports has exploded in the wake of the pandemic as it relies on digital platforms rather than actual presence.
Although still in its infancy, esports shows strong potential to monetize the growing and highly engaged fan base by generating revenues through multiple channels, including media rights, sponsorships, advertising agreements, publisher fees, merchandise sales, and streaming.
The economics of esports is superior to that of traditional sports. The Digital Trend Outlook research reports that the revenue side of the sector has an explosive scale with attractive costs per broadcast. These compelling features, combined with the changed consumer behavior and restrictive social distancing measures due to the virus outbreak, catapulted esports into the spotlight of the international funding scene.
In June, esports-related companies reported $196.8 million in investments, totaling $1.1 billion of disclosed investments this year to date. Recognizing a significant misconception about this growing sector among the broader investor audience, the consultancy firm states that it is crucial to educate stakeholders about the esports ecosystem and how the industry generates profits.
The industry is evolving as leading investors have started teaming up with top consulting firms to understand the esports market and learn how to benefit from it effectively. PwC believes that both strategic and financial investors have the opportunity to see sustainable returns from the industry.
As an online gaming operator featuring a variety of unique offerings catering to diverse demographic groups, Mobius Interactive is well positioned to leverage the growing interest as smart money is increasingly betting on esports. The company is partnering with award-winning eSports and iGaming platform Ultra Play and more than 600 VIP and master-gaming affiliates seeking to attract high-net-worth gamers worldwide. Led by management with experience in eSports and handling the launches of more 30 successful products within the last three years, Mobius Interactive is set out to become a notable player in this growing sector.
For more information, visit the company’s website at www.MobiusInteractive.Ltd.
NOTE TO INVESTORS: The latest news and updates relating to Mobius are available in the company’s newsroom at http://ibn.fm/Mobius
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.investorwire.com
InvestorWire is part of the InvestorBrandNetwork.