The industry of eSports has been developing at lightning speed worldwide. The upward trend has been especially visible in the past few years, as more and more teams started to appear in the international arena. Games like CS: GO, League of Legends, Dota 2 and FIFA are some of the most popular eSports nowadays in the world and massive tournaments are held annually.
Asian countries have emerged as eSports forces recently. Singapore is a dominant state in that regard. Even though the country does not strive for winning gold medals, the innovations and development of various services have made it possible for Singapore to become one of the best destinations for eSports lovers.
Boom of Gaming
The first reason that made Singapore an eSports “hub” is the boom of gaming. Southeast Asia has seen a major spike in revenue during the coronavirus pandemic and by 2024 it is anticipated that the region will be a leading one in terms of eSports revenue. Because of that, Singapore is attracting numerous investments and startups.
From 2019 to 2020 the eSports market grew by 15% and about 220 companies are working in the country nowadays. The boom of gaming facilitates, the creation of numerous platforms and teams that are also striving for major goals have all contributed to the popularity of this industry. In addition, it’s worth mentioning that in terms of online betting Singapore has made a lot of improvements. As the acceptance of online gaming is rising, the bookmakers and sportsbooks that operate legally in the country offer bets on various eSports – from CS: GO to FIFA. What we can say from these events, a rapid speed in the development of the online gaming industry will only make Singapore more competitive on the global scale.
Alternatively, the development of mobile applications and mobile gaming, in general, has attracted the attention of numerous citizens in Singapore. The pandemic in 2020 has spurred an influx of different brands, whose main motive is to connect with youngsters that are engaged in eSports.
Singapore is considered one of the most technologically advanced countries in the world, so it comes as no surprise that mobile applications are developing rapidly – not only in terms of gaming but also in other industries as well.
Singapore’s esports infrastructure is improving step by step. Right now it is possible to see venues that have all the necessary equipment to provide flexible gaming and training. In fact, the region has seen major acceleration and various innovations are adopted year after year. eSports activities could spur tourism as the republic gradually recovers from the pandemic.
Singapore Will Host eSports Competitions
A lot of people in Singapore also welcomed the idea of hosting an eSports competition in Singapore, noting that it would be great if the country could invite players here so they can get together when restrictions are eased.
Esports in Singapore has been gaining traction in recent years with major events such as the $2M ($2.71M) Free Fire World Series in Singapore 2021 and the upcoming Mobile Legends World Championship in December: Bang Bang M3 Budget USD 800,000.
Such events provide a “terrific platform for youth engagement” as they learn teamwork, discipline, focus and control while expanding opportunities for business and career development, such as in software development and training.
What Will Be the Outcome?
If Singapore continues to develop in such a manner, it will be only a matter of time until the country produces high-level eSports teams and professionals that will conquer the eSports world. While there are no champions and prominent players from the country, Singapore does have a team in CS: GO that will achieve success pretty quickly. The country tries a lot to provide fertile ground for young talents.