New Delhi: Union Minister of Commerce & Industry and Railways, Piyush Goyal, will inaugurate the Global Exhibition on Services (GES) 2019 this evening in Bengaluru. Chief Minister of Karnataka, B. S. Yediyurappa, will also be present during the inaugural function.
This is the 5th edition of GES and is an attempt towards escalating the Indian services bar in the global arena by exploring 12 champion services sectors encompassing participation from 74 countries and hosting sector specific knowledge sessions.
Among other sectors, SEPC is also looking to promote esports at GES 2019. The esports industry is expected to grow rapidly.
In 2017, worldwide revenue generated in esports market amounted to $655 million. The market is expected to generate close to $1.8 billion in revenue by 2022.
The regular monthly salaries of average pro-gamers may range from $1,000 to $5,000 apart from the money that they win from competitions. There were 270 million global fans of esports in 2016 and the number is expected to grow to 495 million in 2020.
SEPC is organizing Nations Cup (International Esports Championship) in association with Electronic Sports Federation of India (ESFI) during GES 2019. The Nations Cup will be one of the key highlights of GES and will open up multiple avenues for the services industry particularly in esports, gaming and animation.
India has invited esports federations from several countries. Participants are expected from Indonesia, Vietnam, Nepal, Sri Lanka, Japan, Maldives, Saudi Arabia, New Zealand, Australia, South Africa and Korea for GES 2019.
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