Esports Development Malaysia | Improving Malaysia’s Economy Digitally

Esports, which is known as electronic sports, is a most recent phenomenon and sports that can be categorized into the Olympics as sports. It has been growing huge since the earlier days of the introduction of MOBA (Multiplayer Online Battle Arena). The games known as Dota 2 and Starcraft 2 can be attributed to the success of this category. The electronics sports scene has become so huge that many streamers, casters, tournaments and even betting sites like Slotoro online started to focus on it.

Malaysia has always been actively participating in the e-sports scene since the earlier stages. Like the Dota 2 international that has millions of dollars in prize pool, the Malaysia team manages to score top 3 in the finals. This has given many investors and businessmen insight into the e-sports economy and opportunity.

Esports Growth in Malaysia

Esports can grow exponentially because of the wide accessibility of phones, computers, and consoles instead of sports venues and equipment. With its ease of access and wide appeal in income, many Malaysian gamers hop on to the scene of e-sports to earn their living.

Esports Courses

Assoc Prof Ts Dr Tan Chin Ike, the head of the School of Computing at Asia Pacific University of Technology and Innovation (APU), asserts that e-sports is a thriving global industry where proficient video gamers engage in competitive play.

Recognizing the increasing significance of e-sports as a viable career path, several educational institutions, including many schools, have introduced specialized courses tailored to cater to the aspirations of young gamers. These courses aim to equip enthusiasts with the essential skills and knowledge needed to pursue a successful career in the dynamic and rapidly growing field of e-sports.

Therefore many schools have been providing courses to the young gamers who are into building a career in their passion. Here are the few you can look out for:

  • APU Academy
  • Kitamen

Esport Money Earning Opportunity

Nevertheless, the economic and entertainment value of esports extends beyond competitive play. Various aspects contribute to the multifaceted nature of competitive e-sports, including shout-casting or commentating, e-sports management, event management, audience engagement, esports betting, and live-streaming. These diverse components collectively enrich the e-sport industry, providing opportunities for individuals with varied skills and interests.

These categories that are thriving with the e-sports scene have created many jobs that are allowing Malaysians to earn more income in their home, this has brought a huge boost to the economy of the country.

Malaysia’s Commitment Towards Esport

In terms of gaming revenue, Malaysia holds the 21st position globally, boasting a total of US$633 million. The Youth and Sports Ministry’s Strategic Plan for Esport Development 2020-2025 highlighted the groundbreaking nature of the RM10 million allocated in the Budget 2019, marking the first-ever annual budget announcement in South-East Asia (SE Asia) exclusively dedicated to e-sports development.

With a robust gaming community exceeding 14 million, Malaysia stands poised to take the lead in esport development within the region, supported by a substantial gamer base, consistent growth in esport participants, a rising number of e-sport events, and crucial government backing.

Benefits of Esports to Malaysia

There are many benefits present of E-sports development that can be brought to Malaysia. Most of them are economic and awareness-wise. E-sports emerges as a formidable force with the potential to catalyze tourism on a grand scale.

Large-scale esports competitions act as magnets, drawing in hundreds, if not thousands, of fervent fans. The impact extends beyond the digital realm as malls hosting these events in their center courts stand to benefit significantly. The vibrant atmosphere created by esports competitions becomes an attraction, enhancing the overall experience for shoppers and spectators alike.

Hotels also become key players in this electronic sports ecosystem. As competitors and fans travel to witness their favorite teams in action, hotels in proximity to event venues reap the rewards. This influx of visitors not only fills hotel rooms but also stimulates ancillary services, contributing to the economic vibrancy of the host location.

The economic impact of esports transcends the immediate event venues. Food and beverage consumption witnessed an upsurge as fans and participants engaged in the spirited atmosphere, further contributing to the local economy. Additionally, increased transportation usage, from commuting to events to travel-related services, becomes a driving force behind economic growth.

Furthermore, the esports boom generates a lot of employment opportunities. This burgeoning industry requires a diverse range of professionals, including esports players, coaches, event managers, referees, marketing specialists, media personnel, writers, and various other roles. The different nature of events creates a ripple effect in job creation, fostering Malaysia’s ecosystem.

Conclusively, esports development has brought many opportunities and economies to Malaysia. With all the different jobs and careers for the residents of the country. With Malaysia’s budget and support towards the sector, the future of electronic sports may bring Malaysia towards being in the same spot as other countries in standing or even in the Olympics.

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