Tencent Games ‘Arena of Valor’ to feature in Asian Games 2018

Arena of Valor is a multiplayer online battle arena, a video game subgenre that has boomed in popularity due to the industry’s growing esports scene. Since its launch in China in 2015, Arena of Valor has experienced immense growth and now boasts of more than 200 million monthly active players, making it one of the most popular mobile games in the world.
A total of 45 nations will participate in the regional qualifiers of the esports category, out of which eight teams will be selected for the main rounds to be played in late August. Esports has been confirmed as a full medal event from the 2022 Hangzhou Asian Games. Each participating country’s National Olympic Committee (NOC) will have the authority to pick their esports roster for the meet.
It has been the highest grossing smartphone game in China’s iOS Top Grossing Chart with healthy metrics, double-digit growth in DAUs and strong growth in revenues on year-on-year basis. Tencent Games is also looking to conduct local esports tournaments for Arena of Valor in India
Excluding game publisher revenues, the category is on track to increase about 32% a year over the next couple of years, reaching $1.5 billion by 2020 according to a NewZoo ‘2018 Global Esports Market Report’. The global esports audience will reach 380 million this year, made up of 165 million Esports Enthusiasts and 215 million Occasional Viewers.

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