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 industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://stratviewresearch.com/Request-Sample/909/cloud-gaming-market.html#form
Market Statistics:
Market Size in 2024: US$ 6.4 billion
Market Size in 2032: US$ 19.7 billion
Growth (CAGR): 14.4% during 2025-2032
Leading Streaming Type: Video Streaming
Leading Device Type: Smart TVs
Leading Genre Type: Puzzles & Social Games
Leading Gamer Type: Casual Gamers
Leading Region: Asia-Pacific
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 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 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 setup 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 foreseen future.
Based on genre type - The market is segmented as puzzles & social games, adventure & sports, and arcade. Among these genre types, 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.
To read our latest press release, click here:
https://stratviewresearch.com/press_details/cloud-gaming-market-is-forecasted-to-reach-us-dollar-19-7-billion-in-2032-says-stratview-research
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is expected to remain the largest market for cloud gaming over the forecast period. This growth outlook is majorly attributed to the following-
- 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 to launch 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:
The cloud gaming market is gradually consolidating, with major companies performing mergers & acquisitions to quickly gain the leading position and to tap growing opportunities in this rapidly expanding market. Stratview Research has identified the following companies as the top market players (arranged alphabetically).
- 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 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
You may also like:
Head Mounted Display Market: https://note.com/indnews/n/n8f9816cd308c?sub_rt=share_pb
Rock Climbing Equipment Market: https://indnews.muragon.com/entry/18.html
Long Fiber Thermoplastics Market: https://ind421.amebaownd.com/posts/57326160
Polypropylene Compound Market: https://ameblo.jp/mr231/entry-12918362726.html
Postal Address:
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Call Us: +13133074176
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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cloud Gaming Market is Forecasted to Reach US$ 19.7 Billion in 2032, Says Stratview Research here
News-ID: 4182955 • Views: …
More Releases from Stratview Research
Phenolic Resin Market is Forecasted to Reach US$ 7.2 Billion in 2028, Says Strat …
The global phenolic resin market is projected to witness a growth rate of 3.6% annually from 2023 to 2028, with an anticipated size of US$ 7.2 billion by 2028, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global phenolic resin market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis,…
Membrane Chromatography Market is Forecasted to Reach US$ 1.2 Billion in 2031, S …
The global membrane chromatography market is projected to witness a growth rate of 8.6% annually from 2024 to 2031, with an anticipated size of US$ 1.2 billion by 2031, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global membrane chromatography market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis,…
Pressure Vessels Market is Forecasted to Reach US$ 13.1 Billion in 2031, Says St …
The global pressure vessels market is projected to witness a growth rate of 9.5% annually from 2024 to 2031, with an anticipated size of US$ 13.1 billion by 2031, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global pressure vessels market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis,…
Aircraft Closed-Die Forging Market is Forecasted to Reach US$ 24.8 Billion in 20 …
The global aircraft closed-die forging market size was valued at US$ 18.0 billion in 2024 and is projected to reach US$ 24.8 billion by 2032, witnessing a market growth CAGR of 3.6% from 2025 to 2032, according to an analysis by Stratview Research.
Stratview Research, a global market research firm, has launched a report on the global aircraft closed-die forging market, which provides a comprehensive outlook of the global and regional…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
