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Cloud Gaming Market to Witness Rapid Expansion in Revenue During 2019-26 | Sony, GameFly (PlayCast), Nvidia, Ubitus, PlayGiga, Crytek, PlayKey, Utomik (Kalydo), 51ias.com (Gloud), Cyber Cloud, Yunlian Technology, Liquidsky

09-23-2019 03:52 PM CET | IT, New Media & Software

Press release from: Harshit Khurana

Cloud Gaming Market

Cloud Gaming Market

Cloud Gaming Market 2019 report presents a complete Overview, Market Shares, and Growth Opportunities of Market, by Product Type, Application, Key Manufacturers and Key Regions and Countries. The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

Since the rapid growth of the cloud computing, data collection and information sharing are led to a higher level and are replacing the traditional computation. Several technologies using cloud in all areas are developing to adapt the revolution of information technology and one of them is cloud gaming.

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Market segment by Regions/Countries, this report covers
United States
EU
Japan
China
India
Southeast Asia

Market segment by Application, Cloud Gaming can be split into
PC
Connected TV
Tablet
Smartphone

The video streaming cloud gaming market is anticipated to attain a growth rate of over 25% from 2019 to 2025. The mechanism bypasses the requirement of purchasing any additional gaming hardware devices and allows users to play various resource-intensive games irrespective of the specifications of their tech devices. The streaming mechanism consumes large amounts of bandwidth and demands stable internet connectivity over the entire duration of the gameplay. This has been the primary factor limiting its usage in certain developing countries. The ability of the file streaming approach to offer uninterrupted and high-quality gaming experience is driving its adoption among major cloud gaming platforms such as Sony and Microsoft.

The Business-to-Business (B2B) cloud gaming market is anticipated to register a CAGR of over 40% during the forecast timespan. This is attributed to the technological advances in the connectivity landscape. The telecom providers are focusing on generating additional revenue through their existing fiber investments by collaborating with cloud gaming platform companies. For instance, in March 2019, Ooredoo, a Qatar-based telecom operator formed a partnership with PlayGiga to deliver high-definition game streaming services to masses without the need for any gaming equipment.
Europe Cloud Gaming Market Revenue, By Device, 2018 & 2025 (USD Million)

Some of the enterprises present in the cloud gaming market are Apple, Cloudzen, Loudplay, Numecent, Paperspace, Parsec, RemoteMyApp, RemotrCloud, NVIDIA, PlayKey, Rainway, Playcast, Playgiga, Microsoft, Electronic Arts, Advanced Micro Devices Broadmedia GC, Sony, and Wiztivi.

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