{"id":157464,"date":"2024-08-22T16:39:18","date_gmt":"2024-08-22T15:39:18","guid":{"rendered":"https:\/\/esportsinsider.com\/?p=157464"},"modified":"2024-08-22T16:41:56","modified_gmt":"2024-08-22T15:41:56","slug":"exploring-the-portuguese-esports-ecosystem","status":"publish","type":"post","link":"https:\/\/esportsinsider.com\/2024\/08\/exploring-the-portuguese-esports-ecosystem","title":{"rendered":"Exploring the Portuguese esports ecosystem"},"content":{"rendered":"\n
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Image credit: Shutterstock<\/figcaption><\/figure>\n\n\n
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Despite being a relatively small country with a population of roughly 10m, Portugal has slowly shown signs of becoming a potential esports hub in Europe \u2014 akin to the likes of France and Spain. <\/p>\n\n <\/div>\n\n\n

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The esports market in Portugal is projected to reach a revenue of \u20ac16.8m (~\u00a314.3m) in 2024, according to Statista<\/a>. It is expected to exhibit an annual growth rate of 6.54% (CAGR 2024-2028), resulting in a projected market volume of \u20ac21.7m (~\u00a318.5m) by 2028.<\/p>\n\n <\/div>\n\n\n

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It is, therefore, unsurprising that organisations and stakeholders have begun to emerge and develop in the country as its reputation and positioning in the global industry increases. BLAST Counter-Strike tournaments<\/a> have graced the country and local teams, such as SAW, are competing on international stages. Step by step, the esports industry’s eyes are looking at Portugal, and in tandem, there is more movement to bolster the ecosystem both locally and nationally.  <\/p>\n\n <\/div>\n\n\n

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Ahead of ESI Events\u2019 own expansion into Portugal through its international, flagship event, ESI Lisbon<\/a>, from September 23rd to 25th, let\u2019s dive into the nation’s esports ecosystem.<\/p>\n\n <\/div>\n\n\n

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