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Next-Level Gaming: 3 Stocks To Buy For The Booming eSports Trend

The eSports gaming stocks have captured the attention of investors, positioning themselves as a significant investment arena. Once considered a niche pastime, eSports has evolved into a global phenomenon with remarkable staying power.

Notably, as per Statista’s projections, the global eSports market is set to reach a revenue of $4.3 billion in 2024. Further, the expected compound annual growth rate (CAGR) of 7.10% from 2024 to 2028. Additionally, Statista anticipates a substantial increase in user penetration, rising from 11.7% in 2024 to 13.7% by 2028. Clearly, this reflects the growing global interest in eSports.

Consequently, these three stocks represent an enticing prospect to capitalize on the rise of competitive gaming.

This post appeared first on InvestorPlace.