The video game industry has been picking up steam in recent years. Market researcher Newzoo recently increased its 2020 revenue estimate for the industry to $143 billion, which represents a growth pace of 8.2% per year. Millennials are spending more time playing video games, as game companies are not only producing compelling games, but they are also finding new ways to attract new players through spectator gaming, such as esports and game streaming sites like Amazon.
com's Twitch, where millions of viewers can watch others play games online.Why Every Investor Should Own a Video Game Stock
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