The actual state or real conditions of a situation; the real scene or circumstances.
事故現場の実況を確認してから対応を決めよう。
Let's decide how to respond after checking the actual condition at the accident scene.
現場の実況報告が上がってきた。
A report on the actual situation at the site has come in.
Live reporting or live broadcast (running commentary), such as play-by-play sports commentary or on-site news reporting.
サッカーの試合をラジオで実況していた。
They were commentating on the soccer match on the radio.
テレビ局は被災地から実況中継を行った。
The TV station did live coverage from the disaster area.
実況アナウンサーの声が試合の臨場感を高める。
The live commentator's voice enhances the sense of presence in the match.
Colloquially, an abbreviation for '実況プレイ' — playthrough videos or streams where a player comments while playing (Let's Play).
彼の実況チャンネルは毎回人気がある。
His Let's Play channel is popular every time.
新作ゲームの実況動画をアップしたら再生回数が伸びた。
When I uploaded a live-play video of the new game, the views increased.