The latest report by IMARC Group, titled “Cloud Gaming Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global cloud gaming market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global cloud gaming market reached a value of US$ 865.8 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 9,439.9 Million by 2027, exhibiting at a CAGR of 48.3% during 2022-2027. Cloud gaming, also known as gaming-as-a-service or game streaming, represents a form of web gaming that allows users to rely on internet streaming for playing games instead of downloading them onto their personal computer (PC), mobile device, console, etc. It provides an integrated gaming experience on smart devices that is simpler, more affordable, and enables individuals to view another game via live video streaming. Furthermore, cloud gaming does not require investments or upgrades of expensive hardware. Consequently, it is gaining traction among enthusiasts and professionals across the globe.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape
- Strategies of major players and product offerings
Global Cloud Gaming Market Trends:
The increasing popularity of mobile gaming and the growing digitalization of the gaming sector are among the key factors driving the cloud gaming market. Additionally, the widespread adoption of gaming-on-demand, owing to its various benefits, such as constant updates and minimal costs, is further catalyzing the market growth. Besides this, cloud gaming offers a reduction of data storage requirements and enhanced ease of accessibility to the users, which is acting as another significant growth-inducing factor. Moreover, the inflating popularity of instant play games and installation-free gameplays on numerous operating systems and devices, such as Android, Linux, Mac, iOS, Chrome OS, etc., is also augmenting the global market. Apart from this, the introduction of next-generation wireless technology that assists in ensuring faster data transmission speeds is anticipated to fuel the cloud gaming market over the forecasted period.
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Utomik B.V.
- Nvidia Corporation
- Numecent Holdings Ltd.
- RemoteMyApp SP ZOO (Vortex)
- Parsec Cloud Inc.
- Paperspace
- LiquidSky Software Inc.
- Simplay Gaming Ltd.
- Ubitus Inc.
- Microsoft Corporation
- Sony
- Amazon web services
- IBM Corporation
- Samsung electronics
- GameFly
- CiiNow, Inc.
Breakup by Devices Type:
- Smartphones
- Smart TVs
- Consoles
- Tablets
- PCs
Breakup by Spectrum:
- Video Streaming
- File Streaming
Breakup by Genre:
- Adventure/Role Playing Games
- Puzzles
- Social Games
- Strategy
- Simulation
- Others
Breakup by Spectrum:
- Hardcore Gamers
- Casual Gamers
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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