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Cloud Gaming Market Key Players 2018-2024: NVIDIA, Sony, Gaikai, OnLive, Liquidsky, Crytek, Amazon, Google, Samsung Electronics, and Ubitus

08-22-2018 09:25 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Global Market Insights, Inc.

Global Market Insights, Inc.

Cloud Gaming Market size is estimated to witness a significant growth owing to the appeal of playing and experiencing games without the need to install the software in the hard disk. The cloud gaming market is driven by the rise in cloud computing, mobile gaming audience, and social media relevance. Moreover, with the launch of Smart TVs, there has been a rise in the demand from the U.S. and Western European countries. The concept of the gaming market revolves around accessing and playing games, which are stored on a remote server. Users can access these games via internet-connected devices through a subscription fee or free of cost.

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Some of the advantages that cloud gaming offers are computer and smartphone gaming integration, elimination of highly-priced hardware, game spectating, and enabling instant gameplay. This offers a gaming experience, which is platform independent; this means tablets and computer devices running on Linux, Mac, iOS, Windows RT, Android, Chrome OS, and other OS will support games that initially may run on Windows only. Gaming even ensures that there are no physical copies of the software to rely on to play games, saving the ownership cost of a console. However, the market faces vulnerability owing to the inappropriate tracking of the data via cookies from service providers, who personalize their offerings to approach the target audience. This comprises analyzing the gathered data of a customer such as buying behavior and online preferences. Furthermore, the data is utilized for data mining and customer profiling. These inappropriate methods to gather and store data lead to breaching a customer’s privacy.

North America is estimated to lead the gaming market owing to the accessibility of high-speed internet connection and strong market segmentation of smartphone devices in its geography. The ability and affordability to spend resources over leisure in the market by users in the region also help in the market growth. However, the APAC region is anticipated to grow exponentially over the forecast period due to the rapid adoption of technologies in India, South Korea, and China for gaming. APAC in the market is expected to grow the fastest in cloud gaming due to the increased availability of tablets and smartphones, which are cost-effective. The emergence of digital technology in the region with foreign investments has led to a huge growth of APAC over the forecast period.

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The cloud gaming market is estimated to witness a significant growth with the advent of new technologies developed and decrease in piracy. Few of the key players, who offer cloud gaming with features in the market include NVIDIA, Sony, Gaikai, OnLive, Liquidsky, Crytek, Amazon, Google, Samsung Electronics, and Ubitus.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

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