Nikhil Kamath, CEO of the online stock brokerage firm Zerodha, has ignited a viral discussion on social media by advocating for esports as a serious career option
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The world of esports is rapidly evolving from a niche pastime to a legitimate career path. Nikhil Kamath, CEO of the online stock brokerage firm Zerodha, has ignited a viral discussion on social media by advocating for esports as a serious career option.
In a post on X, which garnered significant traction, Kamath emphasised the dedication and strategic thinking required to excel in esports.
“This isn’t just a hobby anymore but a serious career option that deserves validation from parents and institutions alike. What worked in the last 20 years will likely not work in the next 20. Interactive forms of entertainment are increasingly taking market share, let’s all give the gaming industry the importance it deserves,” he said in a post on X.
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According to a report by Newzoo, the global esports audience is projected to reach a staggering 532 million people in 2023, with revenues exceeding $1 billion. This remarkable growth can be attributed to several factors:
Soaring Viewership: Streaming platforms like Twitch and YouTube Gaming have made it easier than ever for fans to witness esports tournaments and follow their favourite players.
Surge in Sponsorships: Major brands are recognizing the value of esports and are investing heavily in sponsorships and partnerships.
League Professionalisation: Esports leagues are becoming increasingly organized, with established rules, regulations, and franchise systems.
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While top professional gamers can command significant salaries and endorsements, the industry offers a diverse range of careers beyond just playing. Roles like team management, coaching, broadcasting, event production, and data analysis are all becoming crucial components of the esports ecosystem.
