Introduction

Electronic sports or simply “eSports” has gained significant momentum over the past few years. League of Legends (LoL) is among the most popular eSports games played across the globe. With the advent of both internet and digital technology， the gaming industry， especially the e-sports sector， has experienced immense growth. This article will examine the development of the Hero League of Legends (LoL) eSport industry.

LoL eSports Industry

The League of Legends game has been popular since its inception in 2009. However， it was in 2011 when the first-ever LoL World Championship tournament was organized. The championship was streamed live on the internet， and over 1.6 million people watched the competition. Since then， the LoL eSports industry has been continuously growing. In 2019， the League of Legends World Championship finals was watched by over 21 million people， making it the most-watched eSports event in history.

LoL eSports Competitions

The LoL eSports industry has several competitions， including the regional leagues， international competitions， and the annual World Championships. The regional leagues are played in different countries and regions across the world， including North America， Asia， and Europe. The best-performing teams in these leagues qualify for the annual World Championships. The competitions offer cash prizes， trophies， and other incentives to the participating teams. Additionally， sponsors and investors fund the events， which results in the increase of the prize amount and improves the infrastructure of the competition.

Spectatorship

Due to the varying number of competitions held in different regions， the LoL eSports industry has a massive following across the world. In countries where internet connectivity is high， live streams of competitions receive millions of views. To attract more fans， the League of Legends eSports official website promotes the competition， including streaming games on different platforms， covering matches， and providing score updates. Spectator events also offer an enormous opportunity to the gaming industry since fans purchase merchandise， food， and drinks during events， making the region an excellent source of revenue.

The Impact of LoL eSports on Society

The popularity of LoL eSports has led to a significant impact on society. Gaming has become accepted as a career choice， and players’ compensation has increased significantly. Countries such as South Korea recognize professional gamers as athletes， which comes with numerous benefits， including citizenship and the opening of bank accounts. The success of the LoL eSports industry has given rise to other gaming competitions， leading to an increase in employment opportunities in the gaming industry.

Conclusion

The League of Legends eSport industry has experienced significant growth since its inception. Its competitions cater to players and fans across the globe， has led to a visible impact on society. With the continual advancements in technology， the esports industry is expected to grow even further in the coming years.