The Untapped Potential of Esports in Malaysia
Esports is a rapidly growing industry that’s only going to continue to grow in popularity. As the world becomes increasingly connected, so too does the esports industry. There are now tournaments and games for just about every platform and genre imaginable, making Esports an expansive and diverse market. Malaysia is a country with a population of over 30 million people, making it an ideal location for esports businesses. In this blog post, we will explore the untapped potential of esports in Malaysia and how you can take advantage of this trend.
Esports in Malaysia
Esports in Malaysia is growing exponentially with more and more people getting interested in the competitive gaming scene. Currently, there are only a few active leagues and tournaments, but this is set to change soon.
The Malaysian Esports Association (MAS) is spearheading the growth of esports in Malaysia and is working hard to create a robust infrastructure that can support both local and international competitions. MAS has already started hosting local tournaments such as the SEA Games 2017 Dota 2 qualifier and the StarLadder i-League StarSeries Season 3 Finals.
In addition, MAS has partnered with several major international leagues such as ESL One Genting and The International 2018. This partnership will allow Malaysian teams to compete against some of the world’s best players.
The Malaysian government is also keen on supporting esports in Malaysia. In January 2018, Minister of Youth Affairs Khairy Jamaluddin announced that the government would invest RM500,000 into esports programs and events. This investment will help grow the industry in Malaysia and make it one of Asia’s leading hubs for esports.
Esports Revenue in Malaysia
Esports in Malaysia is still in its early stages, but there are already many big names in the industry. According to a study by Newzoo, esports will be worth $655 million in 2019, and it is expected to grow even more rapidly.
There are currently only a few professional esports leagues in Malaysia, but this could change soon. The Malaysian Esports Association (MESA) has been working hard to create a national esports league that would bring together the best players from all over the country. So far, they have recruited 10 teams and hope to have four fully operational by the end of 2018.
The Draft 2Malaysia tournament was one of the first major events to take place in Malaysia and it proved that the country is ready for professional esports in Malaysia. More than 1,000 spectators attended the event and the prize pool reached over $60,000. This event showed that there is large potential for esports expansion in Malaysia and it is sure to attract more attention from sponsors and fans alike.
The Malaysian government should invest in esports
Esports is booming in popularity, with many passionate fans and athletes. But what about Malaysia?
The Malaysian government should invest in esports in Malaysia to tap into this growing market. This will help to promote the development of esports in Malaysia industry and create job opportunities for talented players. The government can also provide support for esports tournaments and leagues, as well as develop infrastructure such as training facilities that caters specifically to esports athletes. By taking these steps, the government will be able to encourage the growth of esports in Malaysia and foster an environment that encourages talent to flourish. Furthermore, it will also create a platform for players to showcase their skills and gain valuable experience. This could be used as a stepping stone for them to go on and become professional esports athletes or even progress onto international stages where they can make real money from playing competitively.
The government could also invest in esports research and development, which could open up opportunities for businesses to develop new gaming technology or other products that cater specifically to the esports market. This would create a whole new industry of potential revenue streams that could help bolster the local economy and help Malaysia become more competitive in international markets. In addition, the government could also introduce policies that encourage esports players to form teams, which would help them develop their skills further and make it easier for them to compete in tournaments.
Overall, investing in esports can be a great way for Malaysia to boost its economy, create job opportunities and promote the sport at an international level. It is an opportunity not just for the players but also for businesses and entrepreneurs to benefit from the growing popularity of esports. By taking these steps, Malaysia can become a key player in the global esports market and help create an industry that contributes significantly to their economy.
Finally, investing in esports could help raise awareness about gaming culture in Malaysia, as well as provide more opportunities for young people to get involved in the industry. By doing so, the government will be able to promote cultural exchange between both local and international players, which could then lead to greater collaboration amongst individuals and teams from different countries. This can help create more opportunities for Malaysian gamers to learn from their peers and gain more experience in competitive gaming. Ultimately, this could help create a stronger esports betting industry in Malaysia as well as foster an environment of camaraderie and collaboration.
Esports betting is a growing industry all over the world, but Malaysia has yet to tap into its full potential. With a population of more than 30 million people, there’s an immense market for esports in Malaysia, and it’s only going to keep growing in popularity. If you’re interested in helping grow esports in Malaysia, start by becoming involved with grassroots initiatives like organizing tournaments or creating content around popular games. There are plenty of ways that you can get started and help make esports an even bigger part of Malaysian culture.