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Although the concept might sound utterly ridiculous to those stemming from particular generations, the rise of video game professionalism implies strongly that investors should at least consider e-sports stocks to buy. For evidence, just turn to the International Olympic Committee (IOC).
In November last year, the IOC confirmed that Singapore will host the first Olympic E-sports Week later this June. Per the accompanying press release, “[t]he announcement marks the next major step in supporting the development of virtual sports within the Olympic Movement and engaging further with competitive gamers.”
That’s one reason to consider e-sports stocks to buy.
Another? The industry represents a potential growth monster. According to Grand View Research, the global e-sports market reached a valuation of just over $2 billion in 2021. Between 2022 and 2030, experts estimate that the segment will expand at a compound annual growth rate (CAGR) of 21.9{2c093b5d81185d1561e39fad83afc6c9d2e12fb4cca7fd1d7fb448d4d1554397}. At the culmination of the forecasted period, the sector may command total revenue of $12.49 billion.
From the enthusiasm to the hard numbers, the conclusion is obvious: gaming excites, gaming pays. Below are e-sports stocks to buy.
EA
Electronic Arts
$112.28
TTWO
Take-Two Interactive Software
$115.01
NVDA
Nvidia
$226.49
TCEHY
Tencent
$48.22
HUYA
Huya
$5.08
SE
Sea Limited
$64.91
AGAE
Allied Gaming & Entertainment
$1.41