What is the esports industry in Thailand?

In terms of user base, the Esports market in Thailand is expected to have 10.0m users users by 2029. The user penetration rate is projected to be 11.1% in 2024 and is expected to increase to 13.9% by 2029. The average revenue per user (ARPU) is estimated to be US$2.78.
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How big is the gaming market in Thailand?

According to the Digital Economy Promotion Agency (DEPA), the Thai digital content industry, which includes the gaming sector, was valued at over 40,000 million baht in 2022. The gaming industry alone contributed 34,000 million baht, accounting for 85% of the total value.
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Is esports a sport in Thailand?

Thai Esports

The Thai government has officially recognized esports as a professional sport in the country, and the Thai E-Sports Federation (TESF) is the body established to manage esports in Thailand.
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What is the biggest industry in Thailand?

The electronics manufacturing industry in Thailand produces the largest percentage of exported goods, and accounts for 15% of total exports leaving the country. These exports are worth approximately $55 billion. Additionally, this specialized industry provides 12.2% of manufacturing jobs in Thailand.
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Which country has the largest esports market?

The United States generates the most revenue in the Esports market, with a projected market volume of US$1,070.0m in 2024. In terms of user base, the Esports market is expected to have a total of 896.0m users users by 2029.
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Which country is no. 1 in esports?

The United States was the leading eSports country worldwide according to the number of active eSports competition players in 2023. The U.S. led the list with more than 3.5 thousand active competition players, followed by China and Brazil with two thousand and 1.36 thousand professional eSports players, respectively.
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How big is esports in Asia?

What You'll Learn About Esports Industry in this Report. Asia is the world's largest and most important region for esports, accounting for more than 57% of the $1.1 billion dollar global esports market.
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What is Thailand's fastest growing industry sector?

E-commerce continues to be the main growth driver of the Thai digital economy with a GMV of US$21 billion in 2021 and is expected to rise to US$35 billion by 2025.
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What is Thailand biggest income?

Thailand is ASEAN's second‑largest economy after Indonesia. Its service sector made up 56% of its GDP in 2021, while industry comprised 35% and agriculture contributed 9%.
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What is the biggest sport in Thailand?

Muay Thai, a traditional martial art, is deeply ingrained in Thai history and has evolved into national sport. Aside from muay Thai, association football is the most popular sport in Thailand, followed by volleyball and badminton.
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What country watches the most esports?

One in five residents in China (20%) and Philippines (20%) say they watch esports on a regular basis, the top two markets globally with the highest proportion of esports followers.
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Why are esports so popular in Asia?

"Our previous studies have found that gamers in Asia are more motivated by competition, alongside completion, challenge, and community, when compared to the West.” China is really the leader here.
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What sport is Thai good at?

Thailand has had its best success in boxing events, and in 1996 featherweight boxer Somluck Kamsing earned the country's first Olympic gold medal. The country has hosted the Asian Games several times.
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Which country has the best gaming industry?

Top 5 Countries in Mobile Gaming Segment by Market Size (2021, $ Billion)
  • China. ...
  • United States of America. ...
  • South Korea. ...
  • Canada.
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What is the largest gaming company in Asia?

As of June 2023, there were an estimated 31,119 employees working at NetEase. The Hangzhou-headquartered online service and and video game development company is the Asian game developer with the biggest workforce, ahead of second-ranked Bandai Namco with 10,563 employees during the measured period.
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Which countries dominate the gaming market?

Top 20 Countries by Gaming Market Size

In 2023, the U.S. and China lead the way in market size, showing a significant lead over the rest of the world. China's market was largely made up of mobile games, while the console market dominated in the U.S., with the mobile game market following up.
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What are the top 3 industries in Thailand?

Thailand, Southeast Asia's second-largest economy, has grown in the past generation or two from an undeveloped country to what the World Bank calls a "middle-income" country. Its three main economic sectors are agriculture, manufacturing, and services.
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Where do the rich live in Thailand?

Chidlom, Langsuan, Ratchadamri, and Sala Daeng are the top 4 areas chosen by Thai Billionaires to build these majestic and luxurious residential castles, and while many of these billionaires have multiple properties in these areas, some will be used solely for investment purposes with the expectation that property ...
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Is Thailand a rich or poor country?

Over the last four decades, Thailand has made remarkable progress in social and economic development, moving from a low-income to an upper middle-income country in less than a generation. As such, Thailand has been a widely cited development success story, with sustained strong growth and impressive poverty reduction.
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What is Thailand's main source of income?

The economy of Thailand is dependent on exports, which accounted in 2021 for about 58 per cent of the country's gross domestic product (GDP). Thailand itself is a newly industrialized country, with a GDP of 17.367 trillion baht (US$495 billion) in 2022, the 9th largest economy in Asia.
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Why is Thailand growing so slow?

Slow growth in output is the legacy of sustained low growth of productive capacity over the decades since the Asian Financial Crisis, especially since around 2006. Its central cause has been low rates of private investment and inadequate productivity-raising forms of public investment and economic reform.
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What industry are most jobs in Thailand?

Tourism and Hospitality 🌴: Tourism is a vital industry for Thailand, contributing significantly to its GDP and employment. The country is renowned for its beautiful beaches, rich cultural heritage, vibrant cities, and world-class hospitality.
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Which country is leading in eSports?

eSports industry size by country 2023

From the selected regions, the ranking by revenue in the esports market is lead by the United States with 871 million U.S. dollars and is followed by China (445.18 million U.S. dollars).
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What is the richest eSports organization in Asia?

As of May 2022, Chinese eSports team PSG. LGD was the most successful eSports team in Asia, with earnings of approximately 15.7 million U.S. dollars in total. The most successful Asian eSports team outside of China was South Korea's SK Telecom T1, having earned around 5.62 million dollars in total as of May 2022.
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What is the most popular esport in Asia?

Immediately striking is that Valorant is by far the most-watched esports discipline in Asia. Riot Games is already entrenched in Asia with their League of Legends esports events, and they have converted this foothold into a strong basis for Valorant to build off of.
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