Press release
2023 Cloud Gaming Market Size, Share, Growth, Global Trends, Industry Strategies, Key Mergers And Acquisitions Analysis by The Business Research Company
The Business Research Company's Cloud Gaming Global Market Report 2023 identifies the rising penetration of the internet is expected to propel the growth of the cloud gaming market going forward. Internet penetration is the proportion of the population that has internet access, which is defined by the country's internet user ratio. An Internet connection helps in cloud gaming by providing access to the games and creating connections to the remote servers.The global cloud gaming market size is expected to grow from $6.71 billion in 2022 to $9.79 billion in 2023 at a compound annual growth rate (CAGR) of 45.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cloud gaming market size is expected to reach $43.19 billion in 2027 at a CAGR of 44.9%.
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Major players in the cloud gaming market are Amazon Inc., Google Inc., Intel Corporation, Microsoft Corporation, NVIDIA Corporation, Sony Interactive Entertainment, Ubitus Inc., Tencent Holdings Ltd., Electronic Arts Inc., International Business Machines Corporation, Vortex, Playgiga, Blacknut, AMD Cloud Gaming, and Hatch Entertainment Ltd.
Technological advancements are a key trend gaining popularity in the cloud gaming market. Major companies operating in the market are developing advanced technologies such as GeForce NOW, which works on the cloud, and NVIDIA Adaptive Sync technologies to sustain their position in the market.
Read More On The Global Cloud Gaming Market Report Here:
https://www.thebusinessresearchcompany.com/report/cloud-gaming-global-market-report
The Cloud Gaming market is segmented -
1) By Gaming Type: Video Streaming, File Streaming
2) By Offering: Infrastructure, Game Platform Services
3) By Device: Smartphones, Tablets, Gaming Consoles, PCs and Laptops, Smart TVs, Head-Mounted Displays
4) By End User: Casual Gamers, Avid Gamers, Hardcor*e Gamers
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cloud Gaming market.
The Business Research Company's "Global Cloud Gaming Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cloud Gaming Market Include:
1. Executive Summary
2. Cloud Gaming Market Characteristics
3. Cloud Gaming Market Trends And Strategies
4. Cloud Gaming Market - Macro Economic Scenario
5. Cloud Gaming Market Size And Growth
.....
26. Africa Cloud Gaming Market
27. Cloud Gaming Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cloud Gaming Market
29. Cloud Gaming Market Future Outlook and Potential Analysis
30. Appendix
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