May 6, 2022

Esports Venues Get Gamers Out Of Their High-Tech Seats at home

by

Ryan Perry

Gaming has seen massive industry growth in 2022 due in part to the worldwide pandemic. During the pandemic people had more at-home leisure time on their hands and they put it to good use exploring a wide field of available mobile, online, and multi-player games. They explored social aspects of gaming with private and group chats, and more. Trial turned into regular play and what emerged were new-found passion for gameplay rooted deeply in hearts across the globe. The number of people wanting to observe esports virtually and in-person are also skyrocketing. US Esports viewer figures totaled $25.7 million in 2018 pre-pandemic. Viewers grew to 30.3 million in 2019 and to 34.8 million in 2020. The numbers continue to tick up exponentially. According to Facebook IQ research demographic appeal for gaming is widening too, with more women and both older and younger players getting in the game.

Not surprisingly, esports industry revenue is expected to eclipse $1.5 billion by 2023 and demand for spaces tailor-made for gamers is high. Investors are looking for opportunities to capitalize on the growth. Altis Capital is currenly exploring opportunities to raise the bar for live esports experiences with great venues in the United States sure to exceed the wildest dreams of gathering gamers and their growing spectators.

NEWS

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Developers who implement modern technology can reduce costs and increase returns. Leveraging real estate management technology designed specifically for the real estate developers not only improves efficiency put also employee, contractor and partner satisfaction. Everyone wants a professional experience similar to their own lifestyle — online, on-demand, and self-service.

According to ReportLinker, whose analysts have been monitoring the global family entertainment center market say it is poised to grow by $21.05 billion between 2022-2026, accelerating at a CAGR of 12.29% during the forecast period. They say market growth is driven by expansion of AEI, increasing physical activity in arcade gaming, and surging disposable income in the emerging countries.

Constructing a sports facility comes with its own set of unique challenges. From design and timing of delivery to precision requirements for everything from surfaces and lighting to dimensions and even spectator seating, large sports facility construction demands the right partner. A development group with knowledge of sports facility architecture design, the unique needs of sporting venues and experience delivering a structure that matches the unique needs of the sports business that will operate in the new space. Altis Capital excels at sports facility development and is always looking for opportunities to help gym owners realize their big league dreams.

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