Value of eSports companies worldwide 2022
The eSports market has boomed in recent years with more and more viewers tuning in to watch their favorite games being played by some of the best gamers in the world. Players can compete against each other, individually or in teams, in multiplayer video game tournaments across the world. This has opened up a whole new market for professional eSports organizations who recruit the best players across the globe to represent their team. TSM, a professional eSports organization based in Los Angeles, was worth an estimated 540 million U.S. dollars in 2022. The organization competes in tournaments in various different games, including League of Legends, Valorant, and Apex Legends.