Global Cloud Gaming Market : Key Growth Factors and Forecast 2025
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As gleaned from the name, cloud gaming refers to gaming applications that are installed on the cloud, rather than on the gamer’s device. As the first step, to access cloud gaming, gamers install third-party client program where games are running. This does not require gamers to own physical copies, backup, or game updates as the gaming application is stored on the cloud, inadvertently resulting in low cost of gaming for gamers.
Tech giants such as Google and Microsoft are likely to foray into cloud gaming. According to speculations, these companies are striving to create their own cloud gaming platform. This will translate into big plus for cloud gaming market.
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Besides this, mid-size companies too are keen to make a mark in cloud gaming market. Partnerships with large tech giants to develop robust cloud gaming platforms, which are cost-effective, is on the growth charts of the former. Serving this, growth of cloud gaming market predicted at whopping close to 26% CAGR from 2017 to 2023 is highly likely.
Since the rapid growth of the cloud computing, data collection and information sharing are led to a higher level and are replacing the traditional computation. Several technologies using cloud in all areas are developing to adapt the revolution of information technology and one of them is cloud gaming.
In cloud gaming implementation, client-server structure is used to create a communication between front end and back end. User inputs are collected and delivered to cloud by UDP link and then data centre starts analysing incoming inputs and gives responses that can be either file stream or a video stream. In the next step, TCP connection receives packets and allocates them to each client. During the communication, required data is encoded into streams and decoded into frames in TCP connection so that video is shown to clients.
While the rapid growth of cloud gaming, challenges especially security risk, latency and bandwidth as well as packet loss are gradually arisen to impede technology developments. Benefits and impacts follow the appearance of cloud gaming and change the way players experience games traditionally. No heavy deployment on hardware or further downloading or updating is required and therefore less production such as disc will be made by vendors.
Because of gamers might expect higher standard experience is met, quality of experience (QoS) is proposed to deal with explosively increased requirements to enhance the performance of gaming. Two research covered on different topics are given to analyse the factors that influence the QoS.
In 2018, the global Cloud Gaming market size was 45 million US$ and it is expected to reach 740 million US$ by the end of 2025, with a CAGR of 41.9% during 2019-2025.
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This report focuses on the global Cloud Gaming status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cloud Gaming development in United States, Europe and China.
The key players covered in this study
Market segment by Type, the product can be split into
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Cloud Gaming status, future forecast, growth opportunity, key market and key players.
To present the Cloud Gaming development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
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