The future of entertainment is here. The Creative Technology sector is an economic and creative powerhouse. Creative Technology is a $2 billion, and growing, industry. It leverages Toronto’s greatest strengths: content production, technology and creativity. The sector is a powerful engine for employment and investment. The City provides sectoral support to enable the industry to increase its significant local, national and global impact.
Video game production is currently the key Creative Technology industry in Toronto, with the majority of Ontario’s 298 video game companies housed here. Toronto is home to incredible indie studios as well as major studios. These studios employ the majority of Ontario’s 7000 skilled video game workers and provide indirect labour impact through spin-offs such as tourism and other industries that supply the video game industry.
Esports is a key sector within the video game industry. Toronto is poised to be a premier Canadian and North American hub for esports. As an event-based sector, esports brings vibrancy to cities through ongoing community events and activities, as well as larger events that drive tourism from both local and out-of-city esports enthusiasts.
Immersive entertainment continues to be a sector on the rise, in Toronto and around the world. This includes extended reality (XR), made up of augmented, virtual, and mixed realities (AR/VR/MR), immersive venues and experiences as well as experiential marketing. Consumer interest in immersive content is growing and Toronto is primed to be a major player in this sector.