China Cloud Gaming Technology Market by Technology Advancement and Future Outlook 2021 - Tencent Holdings, NetEase Inc., Interactive Entertainment, Perfect World Games

Latest released, the research study on China Cloud Gaming Technology Market Report Forecast 2021 - 2026, offers a detailed overview of the factors influencing the global business scope. China Cloud Gaming Technology Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the China Cloud Gaming Technology. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers are: Tencent Holdings, NetEase Inc., Interactive Entertainment, Perfect World Games, Elex Technology, Shanda Games, KongZhong Corporation, The9 Limited, NetDragon Websoft

The market for cloud gaming in China is expected to register a CAGR of 20.2% over the forecast period (2021-2026). 

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Industry Updates:

- April 2019 - Tencent launched a website for a product called Start and is allowing people in Shanghai and the Southern China province of Guangdong to sign up for the test. The description on the website, written in Mandarin, translates as you can play on any device.
- March 2019 - Intel & Tencent partnered for new game streaming service called 'Tencent Instant Play'.It works similar to already announced services such as Microsoft's Xcloud and Google's Project Stream.

Key Market Trends

Growth of Smartphones to Drive the Market Demand

- Smartphones provide an inexpensive way and a common platform for users of all demographics to access games over the cloud.
- China is home to many millions of tech-savvy consumers who are keen adopters of games, placing greater demands on developers and network operators.
- Chinese policymakers have taken important steps to modernize the countrys regulatory framework for telecoms, establishing a platform for further digital progression.
- China is also home to several smartphone manufacturers, including Huawei, Vivo, Oppo, and Xiaomi. Demand from Chinese consumers for the latest flagship devices remains strong.
- According to GSM Report 2019, the unique mobile subscribers grew from 1.17 billion in 2018, and it is forecast to grow to 1.22 billion in 2025.

Cloud Proliferation to Expand the Market Reach

- Huge private sector investment, strong government backing, and young talent are together rallying behind the growth of Chinas cloud computing industry.
- Gaming companies in China are adopting cloud services, such as content delivery networks, server load balancers, object storage services, and database management tools, to power their businesses.
- According to Alibaba Cloud, cloud sales will grow from 5% to 20%, in the Chinese IT market by 2020
- In April 2019, Microsoft launched its cloud service Dynamics 365 and was operational through local partner 21 Vianet Group Inc.

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