17 Mar Game on: Mondia and Ween sign strategic partnership, taking a lead in esports services
Mondia, a leading mobile technology company specialising in the marketing and distribution of digital content, and Ween, a European esports competition platform, announced the signing of a strategic partnership to bring the best-in-class esports platform to markets globally. This agreement further enhances Mondia’s gaming offering, providing esports experiences to all connected subscribers.
Forecasted global revenues for esports in 2020 were estimated at $1.1billion, with total esports viewership expected to grow at a 9% compound annual growth rate (CAGR) between 2019 and 2023, up from 454 million in 2019 to 646 million in 2023. Mobile gaming is predicted to make up 45% of the total global games market in 2021, with esports having increasing prominence in the market. The power of this partnership will reduce barriers to entry for esports players, allowing players globally to enjoy esports without the constraints of any hardware and storage requirements.
“With a YOY revenue growth of about 15.7%, it is evident that esports is the newest trend in the gaming industry,” said Dr Amadeo Rahmann, Mondia Group CEO. “Our partnership with Ween reinforces our strength in shaping the future of digital entertainment. Ween’s ability to create distinctive esports solutions matches perfectly with Mondia’s expertise in the digital space. We are in a unique position to help brands offer their customers an exceptional and futuristic gaming experience.”
“Ween is the central key piece of the puzzle for the esports ecosystem. We provide unique and fluid competition experience for users, but also a wide range of possibilities and technological solutions for brands. We are the place where every stakeholder finds its place to be, so now with Mondia as our partner, we can connect to a range of new customers while making mobile esports more accessible globally, making the ecosystem grow thanks to Mondia”, said Jon Llaguno, Ween Managing Director.