eSport Competitors Turn to Top-of-the-line Technology in Search of an Edge
The eSports industry has become a fascinating entertainment scene where hundreds of millions of people from around the world joining to watch action-packed tournaments. With the exponential growth of the industry, casual players from all over the world have been striving to reach a professional level. In efforts to become the top in the industry, players practice for hours upon hours each day to improve their skill set. Most importantly, to compete at a professional level, players also need an advanced computers along with high-speed internet. Notably, internet connectivity has become a priority for many players because virtually every competitive game is played through an online server. As such, the demand for top speed internet connection has exponential grown within the gaming community. Often, the bandwidth of an internet connection can easily determine the outcome of a particular scenario in a game. A split millisecond latency issue can ultimately cost a player the entire game, which is why high speed internet connectivity is a must for eSport professionals. Generally, most video game manufacturers recommend having at least 3 megabits per second (Mbps) of download speed and anywhere from 0.5 Mbps to 1 Mbps of upload speed. For most casual players, the recommended network speed may be sufficient, but serious and competitive gamers may opt for networks that are even faster and more stable. There are certain internet service providers (ISPs) that can offer network speeds that exceed 1000 Mbps, offering top-of-the-line internet connectivity. And while speed is a major factor when players select their internet, its stability also plays a role in the decision. Some ISPs may offer lightning fast internet, but the stability of the connection may be weak and a weak stability can cause internet latency to fluctuate, causing disruptions throughout the game. In response, certain ISPs have launched networks that are primed for gaming. Moreover, some ISPs have established exclusive partnerships with eSport organizations to offer a dedicated network that provides optimal connections. Furthermore, other ISPs have inked partnerships and sponsorships for eSport tournaments that supply the arena with high speed internet for both the players and audience. According to data compiled by Verified Market Research, the global eSports market was valued at USD 915.30 Million in 2018. By 2025, the market is projected to reach USD 2.97 Billion while registering a CAGR of 18.35% during the forecast period from 2018 to 2025. UMG Media Ltd. (TSX-V: ESPT), NVIDIA Corporation's (NASDAQ: NVDA), Micron Technology, Inc. (NASDAQ: MU), Sony Corporation (NYSE: SNE), Fox Corporation (NASDAQ: FOXA)
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