Published on 13 Apr 2023 on InvestorPlace via Yahoo Finance
7 Growth Stocks in the Gaming Industry With High Potential for Gains
No longer a niche hobby, the digital entertainment ecosystem exploded in mainstream popularity over the years, thus incentivizing investments in gaming growth stocks. According to the World Economic Forum, gaming continues to boom, leading analysts to project a valuation of $321 billion by 2026. Plus, interest in the sector might not peak there.
Per Grand View Research, in 2021, the global video game market reached a valuation of $195.65 billion. Experts there project this segment to expand at a compound annual growth rate (CAGR) of 12.9% from 2022 to 2030. By the culmination of the forecasted period, sector revenue may reach $583.69 billion. Therefore, investors should take a long look at these gaming growth stocks to buy.
TTWOTake-Two Interactive$113.67MSFTMicrosoft$247.15SOHUSohu.com$14.65EAElectronic Arts$112.39HUYAHUYA$4.66MYPSPlaystudios$3.78SESea Ltd.$62.77