![]() 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 socialise with them, implying that the market for puzzles & social games is rising. It is also anticipated that Smart TV will remain the most preferred device type in the cloud gaming market in the foreseen future.īased on the genre type, the market is segmented as puzzles & social games, adventure & sports, and arcade. 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. A smart TV provides better gaming experience to its gamers with the features such as 4K display and better feasibility in using cloud gaming platforms with the help of a controller. Smart TVs remain at the nucleus for all the leading market stakeholders serving the cloud gaming industry. 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.īased on the device type, the market is segmented as PC & laptops, smartphones, smart TVs, and gaming consoles. 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. Video streaming is likely to remain the bigger demand generator for cloud gaming platforms in the foreseen future. Overall, the cloud gaming market is estimated to grow at an impressive CAGR of 29.1% during the forecast period to reach a value of US$ 10.5 Billion in 2027.īased on the streaming type, the market is bifurcated into video streaming and file streaming. Also, the ongoing shift from consoles to cloud-based gaming will continue to create ample growth opportunities for the market stakeholders. ![]() The long-term market outlook seems favourable, with ample growth opportunities across regions. ![]() Cloud gaming platforms are in high demand as they provide better gaming experience and reach out to a large number of gamers in the new normal (post-pandemic). It also served as a source of socialization and entertainment at the time of the pandemic.
0 Comments
Leave a Reply. |