{{r.fundCode}} {{r.fundName}} {{r.series}} {{r.assetClass}}

Welcome to the new RBC iShares digital experience.

Find all things ETFs here: investment strategies, products, insights and more.

by  Christoffer Enemaerke Jul 28, 2021

Every year digital media and entertainment accounts for an ever greater part of revenues for the global entertainment and media industry. This is driven by the relatively new high-growth entertainment sectors such as E-sports, subscription-based audio, video services and virtual reality. As of 2019, 55% of global entertainment and media revenues were digital, and this is expected to rise to 62% by 2023.1 Within the digital entertainment space, virtual reality is expected to show the strongest growth, while traditional methods of entertainment are expected to drop over the next few years. E-sports is another promising area within gaming, which is watched by millions of fans all over the world. The number of people viewing these E-sport events globally often exceeds that of a large traditional sport event such as the NBA (basketball) finals.2

The growth of the E-sports industry has been driven by the so-called Generation Z. According to BofA Merrill Lynch, more than 60% of E-sports viewers are under the age of 24. We believe that the potential for E-sports-driven growth is greater in emerging markets (EM) countries than in the developed world because the population in EM is younger and this bodes well for sustained long-term growth for the E-sports industry in the region. 

In this report we focus on the future landscape for digital entertainment and undertake our own research to understand how the different countries within EM vary within this space. China and Taiwan stand out as the top two counties based on attractiveness of their respective future entertainment industries. We expect digital entertainment to accelerate in EM as technology and country demographics drive the force behind this new trend.

Read the full report or browse the latest insights from RBC Global Asset Management.

1. Source: PwC Global Entertainment & Media Outlook. Data as at December 2019.
2. Source: https://www.esportsearnings.com/tournaments, 2019

Disclosure

This document is provided by RBC Global Asset Management (RBC GAM) for informational purposes only and may not be reproduced, distributed or published without the written consent of RBC GAM or its affiliated entities listed herein. This document does not constitute an offer or a solicitation to buy or to sell any security, product or service in any jurisdiction; nor is it intended to provide investment, financial, legal, accounting, tax, or other advice and such information should not be relied or acted upon for providing such advice. This document is not available for distribution to investors in jurisdictions where such distribution would be prohibited.

RBC GAM is the asset management division of Royal Bank of Canada (RBC) which includes RBC Global Asset Management Inc., RBC Global Asset Management (U.S.) Inc., RBC Global Asset Management (UK) Limited, RBC Global Asset Management (Asia) Limited, and BlueBay Asset Management LLP, which are separate, but affiliated subsidiaries of RBC.

In Canada, this document is provided by RBC Global Asset Management Inc. (including PH&N Institutional) which is regulated by each provincial and territorial securities commission with which it is registered. In the United States, this document is provided by RBC Global Asset Management (U.S.) Inc., a federally registered investment adviser. In Europe this document is provided by RBC Global Asset Management (UK) Limited, which is authorised and regulated by the UK Financial Conduct Authority. In Asia, this document is provided by RBC Global Asset Management (Asia) Limited, which is registered with the Securities and Futures Commission (SFC) in Hong Kong.

Additional information about RBC GAM may be found at www.rbcgam.com.

This document has not been reviewed by, and is not registered with any securities or other regulatory authority, and may, where appropriate and permissible, be distributed by the above-listed entities in their respective jurisdictions.

Any investment and economic outlook information contained in this document has been compiled by RBC GAM from various sources. Information obtained from third parties is believed to be reliable, but no representation or warranty, express or implied, is made by RBC GAM, its affiliates or any other person as to its accuracy, completeness or correctness. RBC GAM and its affiliates assume no responsibility for any errors or omissions.

Opinions contained herein reflect the judgment and thought leadership of RBC GAM and are subject to change at any time. Such opinions are for informational purposes only and are not intended to be investment or financial advice and should not be relied or acted upon for providing such advice. RBC GAM does not undertake any obligation or responsibility to update such opinions.

RBC GAM reserves the right at any time and without notice to change, amend or cease publication of this information.

Past performance is not indicative of future results. With all investments there is a risk of loss of all or a portion of the amount invested. Where return estimates are shown, these are provided for illustrative purposes only and should not be construed as a prediction of returns; actual returns may be higher or lower than those shown and may vary substantially, especially over shorter time periods. It is not possible to invest directly in an index.

Some of the statements contained in this document may be considered forward-looking statements which provide current expectations or forecasts of future results or events. Forward-looking statements are not guarantees of future performance or events and involve risks and uncertainties. Do not place undue reliance on these statements because actual results or events may differ materially from those described in such forward-looking statements as a result of various factors. Before making any investment decisions, we encourage you to consider all relevant factors carefully.
® / TM Trademark(s) of Royal Bank of Canada. Used under licence.
© RBC Global Asset Management Inc., 2021