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Good evening,
The popularity of video games has never been higher. And one area that has the possibility of delivering huge profits for investors is esports.
What started out as a niche market has exploded in popularity for both participants and, maybe more surprisingly, for viewers. In 2024, over 500 million viewers watched esports events.
And those viewers are part of the coveted Gen-Z demographic. Over 200 colleges and universities currently have esports teams on their campuses. That tracks with a CNBC report that shows young gamers between the ages of 18 and 25 watch esports 34% more than traditional sports.And as the number of streaming platforms continues to grow, this number is expected to grow significantly in future years.
Plus, now that the International Olympic Committee (IOC) has recognized esports as a legitimate sport and has announced plans for the inaugural Olympic Esports Games. Initially scheduled for 2025, the event has been postponed and is now set to take place in Riyadh, Saudi Arabia in 2027. That will attract even more attention to the investment possibilities in esports.
That means advertising, sponsorships, media rights, and licensing. More importantly, it means profits for the companies that are leading the way.
In fact, Statista projects the esports sector to grow from $2.8 billion in 2022 to over $10 billion by 2032.
Some of the same technology stocks that are driving the market today will fuel that growth. That’s because advancements in virtual and augmented reality aided by artificial intelligence will enhance both gaming and viewing experiences.
In this special presentation, we’re analyzing seven stocks that provide a cross-section of the opportunities that are available to you in this fast-growing esports market.
View the 7 Stocks to Buy as Esports Goes Mainstream
The MarketBeat Team
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