E-sports industry will gain momentum: The craze of online gaming is increasing at a very fast pace in the country and the world. Especially, its demand is increasing in India. Therefore, gaming apps are becoming increasingly popular. In this episode, Mobile Premier League (MPL) co-founder Sai Srinivas said that the e-sports industry could boom in the coming times. He said that the digital sports industry is growing at a very fast pace and this will help to entice gamers from around the world as well as the domestic market.
‘Future of e-sports industry’
In an interview to a media house, Srinivas said that due to the increasing penetration of data and smartphones in India, internet-led services including gaming and e-sports account for about 30–35 per cent of global consumption. Srinivas further said that I believe that India is at a point right now, where gaming and e-sports will move very fast in the coming five years. With this, after the digital revolution came, such games are not only playing on these platforms, but are also earning. Here, let us tell you that MPL was established by Sai Srinivas and Shubh Malhotra in the year 2018. Along with this the app hosts a series of e-sports tournaments and also acts as a platform for other gaming firms.
Demand is increasing all over the world
The way the e-sports industry is booming, you can guess from this that many big companies have invested in MPL company. These include Composite Capital, Moore Strategic Ventures, Base Partners, RTP Global, SIG along with several other firms. Together, they have invested a fund of 225. 5 million. He said that the popularity of e-sports competition has increased significantly. Srinivas said that I do not think it is difficult for us to imagine that an American sitting in New York is competing with a Brazilian player. Whereas, a person sitting in Berlin is competing with a player sitting in Muzaffarabad, India. That too from mobile phone. He said that the way the demand for e-sports is increasing, the business of gaming companies will increase and we can also become its exporter. Let us tell you here that MPL has more than 60 million users in India. At the same time, more than five million people use it in Indonesia. Its demand is increasing continuously all over the world.