We at Shenandoah are proud innovators in merging academics with needs in the larger economy, and we recognize the growing power of the esports industry, which is projected to be valued at $1.4 billion by 2020.
That’s why we’ve decided to offer the first multi-track esports major in the United States, and the first esports major in Virginia, starting in fall 2019. Shenandoah is the first university in the country to offer this program.
We expect Shenandoah students and alumni to be an integral part of the action in a field that values quick and strategic thinking, mental agility, intellectual curiosity and creativity.
According to the World Economic Forum, the global audience for esports is expected to reach 380 million in 2018. Established sports franchise owners understand the potential of esports, with Jerry Jones, owner of the Dallas Cowboys, recently purchasing a majority stake in an esports organization, and the New York Yankees entering into a partnership deal with the investment group Vision Esports, as noted by The Esports Observer.
By 2021, global games market intelligence company Newzoo anticipates that “All major U.S. media conglomerates will have digital esports media rights,” and that esports will grow into a market bigger than that of traditional professional sports.
I predict that by 2024 esports will actually have an Olympic event!”
Visionary/economist Bob Froelich is quoted as saying in the Chicago Tribune