Press release
Cloud Gaming Market is Forecasted to Reach US$ 19.7 billion in 2032, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm has launched a report on the global cloud gaming market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click to Access the Full Report Details:
https://stratviewresearch.com/press_details/cloud-gaming-market-is-forecasted-to-reach-us-dollar-19-7-billion-in-2032-says-stratview-research
Report Highlights:
Market Size in 2032: US$ 19.7 billion
Growth (CAGR): 14.4% during 2025-2032
Forecast Period: 2025-2032
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Cloud Gaming Market:
The global cloud gaming market is segmented based on streaming type, device type, genre type, gamer type, and region.
Based on streaming type - The market is bifurcated into video streaming and file streaming. Video streaming is the largest segment, accounting for more than 75% market share in 2024. Video streaming is likely to remain the bigger demand generator for cloud gaming platforms in the foreseeable future. The key factors driving the segment's dominance are on-demand streaming requirements as well as the ability to be effective for shorter periods of play. Furthermore, a paradigm shift from console- and disc-based gaming to cloud-based gaming ensures a massive demand for cloud gaming platforms in the coming years.
Based on the device type - The market is segmented as PC & laptops, smartphones, smart TVs, and gaming consoles. Smart TVs segment led the market with more than 35% market share in 2024. Smart TVs remain at the nucleus for all the leading market stakeholders serving the cloud gaming industry. A smart TV provides a better gaming experience to its gamers with features such as a 4K display and better feasibility in using cloud gaming platforms with the help of a controller. Partnerships with smart TV manufacturers, OTT providers, and set-top box providers to reach a large number of cloud gaming users are likely to provide market stakeholders with enormous growth potential. It is also anticipated that Smart TV will remain the most preferred device type in the market in the foreseeable future.
Based on the genre type - The market is segmented as puzzles & social games, adventure & sports, and arcade. Puzzles and social games are the most popular genre on cloud gaming platforms, holding over 35% of the market share in 2024. Puzzles & social games are the most widely played category on cloud gaming platforms, as players choose to play these games with their friends in order to socialize with them, implying that the market for puzzles & social games is rising. In addition, comprehending the game takes less time in this category.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/909/cloud-gaming-market.html#form
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific led the cloud gaming market in 2024 with over 35% share and is poised to retain its top position in the coming years. This growth outlook is majorly attributed to the following-
• Asia-Pacific is expected to remain the largest market for cloud gaming over the forecast period. In addition, the region is likely to witness healthy market growth in the coming years. Japan, India, and Southeast Asia are the preferred destinations for gaming companies to expand in Asia.
• The leading player in the market, Sony Corporation, has expansion plans in the region. Already existing 5G infrastructure in countries such as Malaysia and Thailand is creating healthy demand for the market.
• The partnership between Blacknut and Celcom Telecommunication, Tencent's launch of its cloud gaming platform in Southeast Asian countries, and the development of 5G infrastructure in key Asian economies such as India and China are likely to generate huge demand for cloud gaming in the region.
Cloud Gaming Market Drivers:
Some of the key drivers listed in the report are given below.
Rapid Expansion of High-Speed Internet & 5G: The rapid expansion of high-speed internet and 5G is significantly propelling the cloud gaming market. According to Ericsson, cloud gaming users are expected to rise from 32 million to 87 million between 2022 and 2025.
Surge in the number of internet users and consumer spending: The global surge in internet users and consumer spending is significantly propelling the cloud gaming market. As of 2024, approximately 5.5 billion people-68% of the world's population-are online, up from 65% in 2023. Also, final internet consumption expenditure reached $63.5 trillion in 2023, reflecting robust consumer spending. This combination of increased internet accessibility and higher consumer spending enhances the potential for cloud gaming services.
Top Companies in the Cloud Gaming Market:
Stratview Research has identified the following companies as the top market players.
• Amazon Inc.
• Microsoft Corporation
• Nvidia Corporation
• Sony Corporation
• Ubitus K.K.
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Cloud Gaming Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Cloud Managed Services Market: https://www.stratviewresearch.com/2738/cloud-managed-services-market.html
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Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
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About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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