China esports industry expected to triple its worth, hit $3 billion by 2020

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Money flows through China’s esports scene.

China Central Television reports that the local esports market is set to reach ¥21.1 billion RMB (around $3 billion), according to Esports Insider. This is set to be almost triple that of what the industry was valued at for 2018.

According to the report, there are more than 50,000 jobs within the local industry in China, which is also set to bloat to 25,000 by 2020. The number of leagues, ways to watch and enjoy the games, as well as live events, will all increase to accommodate growth. The Chinese government, too, is working to let everyone know about esports.

Source: Windows

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