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Why Take-Two Is Optimistic about Its Long-Term Performance

Why Take-Two Is Optimistic about Its Long-Term Performance

In the chart below, we can see that Take-Two Interactive (TTWO) has outlined its growth projections in the global games market. The gaming industry is estimated to grow from $123.0 billion in 2017 to $137.0 billion in 2018 and might reach $166.0 billion by the end of 2022. Take-Two Interactive and its peers Activision Blizzard (ATVI), Electronic Arts (EA), and Zynga (ZNGA) have an opportunity to drive revenues in a growing market.