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Cloud Gaming Market Is Likely to Experience a Tremendous Growth by 2029

08-10-2023 12:47 PM CET | IT, New Media & Software

Press release from: Orion Market Research

Cloud Gaming Market Is Likely to Experience a Tremendous Growth

The global cloud gaming market is anticipated to grow at a considerable CAGR of 45.9% during the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace this is anticipated to positively impact significant market growth. Hence owing to the development and manufacturing of innovative solutions the translucent concrete market is augmenting its growth over the forecast period. For Instance, in May 2021, NVIDIA Corp announced that the GFN to deliver 22 new games and support three DLCs entering the GeForce NOW library. The company stated that GeForce NOW is increasingly providing that the games are automatically up to date, avoiding game updates and patches. Users just have to simply log in, click PLAY, and enjoy an optimal cloud gaming experience.

Additionally, in February 2021, PM Connect and RemoteMyApp, developer of the cloud streaming platform Vortex.gg, have brokered a multi-national deal with PM Connect's global network of MNOs to capture the opportunities in the cloud gaming market, . The partnership will see titles such as Fortnite, Rocket League, and Grand Theft Auto, hosted on Vortex.gg, meaning that for the first time gaming fans can play the latest release without purchasing costly software and consoles.

Furthermore, in March 2022, Amazon Inc. introduced a cloud gaming-based platform called Luna with more than 50 games in the Luna+ application. The platform is accessible via online applications for Fire TV, Mac, iPad, PC, iPhone, and Android. Luna offers a selection of gaming channels with collections of titles for all types of gamers-giving customers the freedom to select subscriptions that best meet their requirements. Powered by Amazon Web Services (AWS), Luna makes it effortless to stream high-quality, immersive games without lengthy downloads or updates, costly hardware, or complex configurations.

To Request a Sample of our Report on Cloud Gaming Market:  https://www.omrglobal.com/request-sample/cloud-gaming-market

Market Coverage

The market number available for - 2021-2030
Base year- 2022
Forecast period- 2022-2030

Segment Covered- 

By Devices
By Type

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- including Utomik B.V., NVIDIA Corp, Numecent Group, Parsec Cloud, Inc. RemoteMyApp sp. z o.o., Google Inc, IBM Corp, Intel Corp, and others.

Cloud Gaming Market Report Segment

By Device

Smartphones
Gaming Consoles
Personal Computer
Gaming Laptop
Tablets

By Type

Video Streaming
File Streaming

A full Report of Cloud Gaming Market is Available @  https://www.omrglobal.com/industry-reports/cloud-gaming-market

Cloud Gaming Market Report by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

Advanced Micro Devices, Inc
Amazon Web Services, Inc.
Blacknut
Boosteroid Games S.R.L.
Cubelogy technologies s.r.o.
Google Inc
IBM Corp
Intel Corp
Microsoft Corp
Numecent Holdings Ltd.
Shadow SAS
Sony Group Corp
Ubitus K.K.
Vortex Optics

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/cloud-gaming-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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