The earliest professional sport teams can trace their beginning back to the mid-19th century, a time when casual previous times like baseball or football have been transformed into more structured leagues. Pro sports has flourished around the globe since this tipping point, and sports business has developed into a multi-billion dollar ecosystem for teams, leagues, players, merchandisers, sponsors, broadcasters, and event spaces.
This development remains today–driven by the advent of eSports (electronic sports), an interesting frontier for fans and company alike. Despite a reputation for being on the fringes in the press and in popular culture, it is evident that gaming is now a genuinely mainstream phenomenon. Indeed, the global gaming sector has now eclipsed worldwide income of $135 billion–a figure that is twice as high as the combined movie and music sectors.
infographic by: www.visualcapitalist.com
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