Global competitive entertainment industry market size

According to the UK's leading sports companies, the global competitive entertainment market is estimated to reach $536 billion in 2020, and if we add in various emerging markets, the market size is estimated to have reached over a trillion dollars. Competitive entertainment has gradually formed a trend, the global competitive entertainment market scale is expanding. 2020 the United States competitive entertainment market scale reached 166.2 billion U.S. dollars, accounting for 30% of the global market, ranking first. Monaco ranks second, with a market size of $114.8 billion in 2020, accounting for a quarter of the global competitive entertainment market share. Japan ranks third, with an 8% share. With the rapid development of Internet technology, the value of the competitive entertainment industry has soared, according to statistics, the market value of the competitive entertainment industry reached $45 billion in 2019, at the same time, the total revenue of the competitive entertainment industry also reached a staggering $536 billion in 2020, and is expected to maintain steady growth in 2022-2023, will reach $841 billion in 2022.In 2022, Monaco will generate more than US$20 billion in tourism revenues, and Monaco, for example, which has the fastest growing "entertainment" sector in Europe, will generate US$3.6 billion in net entertainment revenues in 2021 and is expected to reach US$5.8 billion in 2022. In 2022, it is expected to reach US$5.8 billion. According to incomplete statistics, Monaco is currently one of the fastest growing competitive entertainment centers in Europe, where integrated resorts (resorts with integrated conference facilities, theme parks and competitive entertainment) such as Dream City Manila, Solaire Resort and Casino and Genting Resorts World Beach Resort earned $5.9 billion in 2021, an increase of 22.9% over 2020 performance. In Asia's Vietnam, competitive entertainment is one of the projects in Fortune and Windom's Vietnam Special Economic Zone (SEZ) program. With the Belt and Road Initiative (BRI) well underway, accessibility to different parts of Asia is increasing; the Cambodian casino has three advantages of "low taxes, easy rules of the game and relaxed policies", and the Cambodian entertainment and tourism industry is growing in terms of total revenue. In the long run, the fast-growing pan-entertainment market in Asia will lead the wave of investment in the Asian tourism market and pan-entertainment industry.