Digital gaming is booming: The digital gaming industry has exploded recently, says Ryan Nolan, technology MD at Goldman Sachs’ investment banking division. The returns for game publishers and developers are now “significantly outpacing those of other content categories such as music, film and TV.” Nolan expects this trend to continue driven by three “powerful forces”: the expanding reach of mobile, which is reflected in having 2.6 bn casual gamers worldwide; the transformation to more efficient and profitable business models; and new forms of engagement that attract a broader audience, evidenced by the dramatic rise of eSports. "The bottom line is the entire ecosystem around digital gaming is only getting better," Nolan says (runtime 03:01).

Tags: