Exploding eSports Market Tapping into Multi-billion Dollar Social Media Landscape
PALM BEACH, Florida, July 17, 2018 /PRNewswire/ --
MarketNewsUpdates.com News Commentary
The on the rise and exciting eSports industry is currently experiencing massive growth as eSports goes mainstream and engages new corners of the market, especially through social media interaction. According to GamesIndustry.biz, the Worldwide eSports market is projected to hit $2.17 Billion by 2023. A lot of this growth will come from the increasing influence of the social media landscape as many esports organizations and tech companies attempt to master social media as much as the games they compete in. Some organizations have gathered incredible numbers of fans on their social media accounts, extending into the millions of followers from all over the world. Instagram, which was bought by Facebook Inc. (NASDAQ: FB) in 2012, is relatively new in terms of esports. The platform-known for its selfies, food, pet and more better for individuals than whole organizations, but a growing number of companies are managing to do very well on the Instagram. Active companies today include: QYOU Media Inc. (TSX-V: QYOU) (OTC: QYOUF), Electronic Arts Inc. (NASDAQ: EA), TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ: TTWO), Activision Blizzard, Inc. (NASDAQ: ATVI).
QYOU Media Inc. (TSXV: QYOU.V) (OTCPK: QYOUF) BREAKING NEWS: QYOU Media, the world's leading curator of premium 'best-of-the-web' video for multiscreen distribution has announced it has extended the reach of its HUD format by introducing HeadsUpDailyTV on IGTV, Instagram's TV platform launched in June 2018. IGTV aims to deliver long-form formats optimized for mobile viewing to its user base of 1 billion. HUD's launch on the platform dramatically bolsters its global reach, allowing millennial and Gen-Z audiences to access the best esports entertainment and news on-the-go wherever and whenever.
Launched last year, HUD is the destination for all things relating to esports and video game culture and already reaches 500,000 viewers. Each daily episode of HUD includes an exciting line-up of guests - from esports professionals to game developers and popular streamers on YouTube and Twitch - to discuss tournament recaps, esports top plays, and all of the hot topics in the world of gaming. New episodes will be available on IGTV each weekday in a vertical video format that can be easily watched from mobile devices.