Cloud Gaming Market - Global Industry Analysis, Growth, Key Trends, Regional Assessment and Forecast 2019 - 2029

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Cloud Gaming Market - Global Industry Analysis, Growth, Key Trends, Regional Assessment and Forecast 2019 - 2029

Status : December, 2022 | Technology & Media

Report Digest

Cloud Gaming Market: Outlook

Technological revolutions are shining brightly across the horizon of various sectors lately. The gaming sector is no stranger to this revolution. Technologies like cloud gaming have completely changed the scenario of the gaming industry completely.

The global cloud gaming market may record good growth during the assessment period of 2019-2029 due to the ongoing advancements and penetration of novel upgrades across various gaming platforms. The generation Z and millennial category is bringing great growth opportunities due to the surge in popularity. In addition, the COVID-19 pandemic has led to a rise in the popularity of cloud gaming services due to the stay-at-home orders.

Cloud Gaming Market: Industry Analysis

The highly-fragmented cloud gaming market has diverse players. A major chunk of players tries to develop novel games that are in sync with the preferences of the end-user. The players also upgrade their servers consistently to offer a smooth experience to the end-user.

The cloud gaming market may experience a shift in the growth on the grounds of the entry of well-established organizations. Some of the recent instances are Microsoft and Google. Microsoft will launch its cloud gaming feature known as ‘xCloud’ is to be launched on September 15 on Android. Google also has its cloud gaming platform known as Stadia. Deutsche Telekom has also launched its cloud gaming platform known as Magenta Gaming. Such developments may add extra stars of growth to the cloud gaming market.

Attractive advertising strategies also help in attracting subscribers to a great extent. Some key participants in the cloud gaming market are International Business Machines Corporation, Amazon Inc., NVIDIA Corporation, Apple Inc., and Alphabet Inc.

Cloud Gaming Market: Mergers and Acquisitions

Activities like mergers and acquisitions are playing a vital role in bringing immense growth prospects for the cloud gaming market. Some of the recent mergers and acquisitions that took place in the cloud gaming market are as follows:

  • Facebook acquired PlayGiga, a Madrid-based cloud gaming startup for about $78 mn
  • Samsung and Microsoft deepened their partnership to enable smoother integration of Microsoft’s xCloud gaming features across Samsung products
  • Scopely recently acquired Disney’s FoxNext Games

Cloud Gaming Market: Emerging Startups

The role of startups has been great in bringing extensive growth opportunities for the cloud gaming market. Many startups with the help of investors are finding their way in the cloud gaming market and are giving tough competition to the already established players. Here are some major startups that are bringing growth prospects for the cloud gaming market.

Blacknut: It is based on subscriptions and offers multiple games to the subscriber without paying separately for each game.

Polystream: It is a 3D games streaming platform and is based in the UK. No dedicated cloud infrastructure or download is required and games can be accessed from anywhere using any server.

Vortex: This cloud gaming service provider allows gamers to play diverse genre-based games on their browser through the application without installing the games. The app is available on Google Play Store and the games can be played on an Xbox, PC, or smartphone.

Cloud Gaming Market: Regional Dimensions

Among the regions covered, Asia Pacific may gain good growth for the cloud gaming market due to the growing popularity across densely populated countries like China and India. In India, a majority of the population is under the age of 25 and hence, this aspect may bring tremendous growth opportunities. China is also not behind with a plethora of cloud gaming services on demand. Alibaba cloud gaming is a classic instance.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?