Cloud Gaming Market Expected to Grow at CAGR 24.45% and Forecast to 2025
Brandessenceresearch.com Adds “Cloud
Gaming Market 2019 - Market Demand, Growth, Opportunities, Analysis of Top Key
Players and Forecast to 2025” To Its Research Database.
Description:
Cloud Gaming Market was valued at USD
1060.1 Million in 2018 and is projected to reach around USD 4901.3 Million by
2025, at a CAGR of 24.45% during the forecast period. The base year considered for the study is 2017
and the forecast period is 2019-2025. The improved gaming experience presented
by cloud gaming drives the market growth.
Scope of Global Cloud Gaming Market
Reports –
Cloud gaming is a type of
online gaming. There are mainly two types of cloud gaming, one which is based
on streaming video and the other based on file streaming. Additionally this is
comparatively new way of gaming that’s offers the player combined play across
multiple devices. The main benefit of cloud gaming is that the company can
upgrade the games without having to concern as much about the capabilities of
users’ computers.
Global cloud gaming market report is segmented on the basis
of type, platform, service type and region. Based upon type, cloud gaming
market is classified into public, private and hybrid. By platform, cloud gaming
market is divided into smartphones, PCs and others. By service, cloud gaming
market is divided into video streaming and file streaming.
The regions covered in this cloud gaming market report are
North America, Europe, Asia-Pacific and Rest of the World. On the basis of
country level, market of Cloud Gamingis sub divided into U.S., Mexico, Canada,
U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC,
Africa, etc.
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Key Players for Global
Cloud Gaming Market Reports–
Some major key
players for global Cloud Gaming market are, NVIDIA Corporation, Ubitus
Inc., Simplay, LiquidSky Software, Inc., RemoteMyApp, IBM, Hatch
Entertainment Ltd., Cloudzen, Sony Corporation, ParsecCloud Inc., Microsoft,
Crytek GmbH, Amazon Web Services Inc., Blade (Shadow), Samsung Electronics,
GameFly, Inc and Google Inc.
Global Cloud Gaming
Market Dynamics –
The
increasing user of gaming devices is the key factor which drives the growth of
cloud gaming market. Technological developments and revolution in graphics that
show realistic views are attractive part for the gamers. Additional
Growing innovation in smart phone sector and increasing number of mobile users
are also supplementing the cloud gaming market growth worldwide. For instance:
According to the latest figures the numbers of mobile phone users in the world
are around 4.9 billion in 2018. Furthermore, increasing presence of high speed
internet in the world is also one of the major factors drive the market growth
for cloud gaming. Increasing better user experience through the technological
development in cloud gaming technology is also drives the market growth within
the forecast period. Device compatibility may be a restraining factor for the
market growth.
Cloud Gaming Market
Segmentation
By Type
- Public
- Private
- Hybrid
By Platform
- Smartphones
- PCs
- Others
By Service Type
- Video Streaming
- File Streaming
By Region
- North America
- U.S.
- Canada
- Europe
- U.K.
- France
- Germany
- Italy
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Latin America
- Brazil
- Mexico
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and
Africa
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Full Report Overview @ https://www.brandessenceresearch.com/technology-media/cloud-gaming-market/
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Tel: +44-2038074155 / +91-7447409162
Email:alan@brandessenceresearch.com
Website:www.brandessenceresearch.biz
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