It's no secret that esports, or competitive video gaming, has become big. The question is how big.
Colin Sebastian, analyst at R.W. Baird, estimates that esports will generate more than $1.8 billion in annual revenue by 2020, according to a research report dubbed esports readying for prime time” released today. While esports is growing fast, Sebastian said it is still in its early stages and could be the next big thing in media and entertainment.”