The esports industry has been receiving continuous good news lately! Recently, the International Olympic Committee announced a partnership with the Saudi Arabian Olympic Committee (NOC) to host the first Olympic esports event in Saudi Arabia in 2025. On August 12, in the grand final of the 2024 Street Fighter 6 World Cup, 35-year-old Chinese veteran Zeng Zhuojun staged a remarkable comeback to defeat a Japanese opponent and claim the championship. On August 20, the highly anticipated single-player game "Black Myth: Wukong" was launched in China and worldwide, achieving a sales miracle. According to official data, as of 9:00 PM on August 23, 2024, the game has sold over 10 million copies across all platforms, with an estimated total revenue of more than 2.6 billion yuan.
As the "Ninth Art", esports has been developing for over two decades, now boasting billions of registered players and thousands of esports teams, with prize pools reaching millions of dollars. Statista predicts that the revenue of the video game industry will reach 455 billion dollars by 2024.
Currently, China is gradually establishing standards for the esports industry, with cities like Shanghai, Guangzhou, and Chengdu releasing policies to support its development, creating a thriving esports atmosphere. According to the "2023 China Esports Industry Report," the number of esports users in China has reached 488 million. In 2023, a total of 127 non-performance esports events involving provincial and above-level professional players were held, representing a 17.6% increase compared to the previous year. Among them, 46% of the events were held entirely offline. The "China Esports Industry Report for January-June 2024" also revealed that the esports industry generated a revenue of 12.027 billion yuan in the first half of the year, a year-on-year increase of 4.43%.
The prosperity of the esports industry will drive the development of related industries, including the LED display screen market. The construction standards for esports venues released by the China Stadium Development Association specify that C-level or higher esports venues must be equipped with LED screens. In the spectator areas, at least one main screen and multiple auxiliary screens must be installed to ensure clear viewing of the matches. The standards also require the use of P3-level or higher LED screens.
Currently, most LED screen manufacturers have entered the esports market. For esports competitions, where the outcome is determined in a split second, the stability of the display screen is of utmost importance. There should be no flickering or sudden failures during live broadcasts. Esports events rely on fast, clear, and smooth image transmission to accurately showcase the competition. This places higher demands on LED screen manufacturers.
Mykas LED screens shined at the League of Legends Global Finals with over 400 square meters of large screens. Mykas LED rental displays were used as the background screen and on both sides of the passage, effectively solving the issue of mosaic effects by delivering consistent visual quality, supporting HDR10 standard with a contrast ratio of up to 8000:1. The screens perfectly reproduce the true colors of the source image, creating vivid and rich visuals. With a brightness of up to 1500 nits, the screens can still present clear images even under intense stage lighting conditions. Their 110% NTSC wide color gamut ensures high color accuracy, making every game character come to life. The screens meet the high frame rate and low latency demands of esports events, with a refresh rate of up to 3840Hz and a receiver delay of less than 2 frames. They guarantee real-time and smooth presentation of intense game scenes during live broadcasts, without any scan lines. This ensures consistent viewing experience for both online and offline audiences.
Outside the esports competition venues, LED displays also play a significant role! To enjoy a thrilling esports match, display devices are crucial. With the development of LED display technology, LED indoor and outdoor advertising screens, cinema LED screens, Mini/Micro LED direct view televisions, and virtual studios have become vital choices.
Seamless 4K/8K LED screens for indoor and outdoor use are popular as they provide excellent visual impact and serve as crucial advertising platforms for esports. The shape and size of the screens can be customized to avoid the disappointment caused by small game character pixels or insufficient clarity on the big screen during live broadcasts. With natural color reproduction, low brightness, and high grayscale, these displays perfectly showcase the grandiose game interface and the vibrant esports atmosphere. With high refresh rates and low latency, and support for multiple signal synchronizations, these screens allow spectators and players to enjoy the game on the same level both inside and outside the venue!
With the development of LED cinema screens, watching esports matches in theaters or private cinemas has become an exciting prospect. LED cinema screens can be seamlessly spliced, allowing the audience to enjoy the game in a well-lit environment with vibrant colors, high naturalness, wide viewing angles, and various eye protection features, all of which are highly admired by spectators!
Speaking of Mini/Micro LED direct view televisions, they are not new anymore. Although they have yet to meet expectations, some households have already started to enjoy the immersive viewing experience brought by Mini/Micro LED TVs! For example, Rayman COB ultra HD displays and Micro LED ultra HD displays offer smaller pixel pitches than traditional esports displays, presenting smoother and more refined images while also providing touch interaction. These products feature true color display, smooth and delicate pictures, mixed signal synchronization, and wide viewing angles. They perfectly meet the demand for indoor small-pitch ultra HD LED displays in esports venues, and can be used to build customized esports display solutions based on various COB products from Rayman.
With esports gaining widespread recognition, many television stations are building professional virtual esports studios. During game broadcasts, commentators provide in-depth analysis, adding more depth and highlights to the matches. This trend is expected to continue in the future. The construction of virtual studios typically requires multiple large LED screens, forming a three-dimensional space with the support of AI, VR/AR, and other technologies, creating an immersive experience for hundreds of millions of viewers!
In conclusion, with the increasing number of global esports players and the release of favorable policies, the esports industry is set to flourish. The inclusion of esports as an Olympic event has further elevated the status of the industry. The LED display industry is closely related to the esports industry, and it is essential to seize this opportunity and apply LED displays to more scenarios, further driving the high-quality development of the LED industry.
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