Cloud Gaming Market by Platform, Type, and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR40768
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The cloud gaming market has the potential to grow by USD 4.50 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 33.25%.

This cloud gaming market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (video streaming and file streaming), platform (gaming consoles, computing devices, smart TVs, and mobile devices), and geography (North America, APAC, Europe, South America, and MEA). The report also offers information on several market vendors, including Alphabet Inc., Apple Inc., and Blade SAS, among others.

What will the Cloud Gaming Market Size be in 2021?

Cloud-Gaming-Market-Market-Size-2020-2025

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Cloud Gaming Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The cost savings and quick onboarding is notably driving the cloud gaming market growth, although factors such as infrastructural requirements may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the cloud gaming market industry get your FREE report sample now.

  • The cost savings and quick onboarding will fuel the cloud gaming market growth.
  • Cloud gaming helps in minimizing the overall cost of gaming substantially by eliminating the need for regular hardware updates and providing constant updates and backup of games that are stored on the cloud platform.
  • There is also no requirement for physical copies of games in cloud gaming and allows the users to play the same games on different platforms, including PCs, laptops, tablets, and smartphones.
  • Cloud gaming provides quick onboarding and allows users to play high-end games on low-powered devices with limited RAM, graphics processing power, and hard drive space.
  • The adoption of advanced technologies by market vendors, which is one of the critical cloud gaming market trends, will help in enhancing the gaming experience.
  • Technological advances will allow vendors to offer products with features, such as 5G network, good game control, and reduced frame refresh latency.
  • The use of advanced controllers such as VR headsets, Bluetooth game controllers, and touchscreens will further boost the popularity of cloud gaming.
  • Microsoft’s backend platform for live games, PlayFab offers features such as game services, real-time analytics, and LiveOps, which helps in increasing revenue, engagement, and retention.
  • Vendors such as Microsoft, Apple, and Google are leveraging 5G game streams to various devices to enter the cloud gaming market.  

This cloud gaming market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Cloud Gaming Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Alphabet Inc.
  • Apple Inc.
  • Blade SAS
  • International Business Machines Corp.
  • LiquidSky Software Inc.
  • Microsoft Corp.
  • NVIDIA Corp.
  • Samsung Electronics Co. Ltd.
  • Sony Corp.
  • Ubitus KK

 

The cloud gaming market is fragmented and the vendors are deploying growth strategies such as investing significantly in upgrading gaming solutions to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the cloud gaming market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Cloud Gaming Market?

Cloud-Gaming-Market-Market-Share-by-Region-2020-2025

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40% of the market’s growth will originate from North America during the forecast period. The US is a key market for cloud gaming in North America. Market growth in this region will be faster than the growth of the market in MEA.

The rising adoption of secured cloud services and advanced technologies such as 5G and artificial intelligence in gaming will facilitate the cloud gaming market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Cloud Gaming Market?

Cloud-Gaming-Market-Market-Share-by-Type-2020-2025

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The cloud gaming market share growth by the video streaming segment will be significant during the forecast period. In the video streaming process, the actual game is stored, executed, and rendered on the server of the remote operator or game company, and the video results are streamed directly to the consumer's computer via the Internet. The impending advent of 5G globally is expected to drive the growth of the video streaming segment during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the cloud gaming market size.

 

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What are the Key Factors Covered in this Cloud Gaming Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive cloud gaming market growth during the next five years
  • Precise estimation of the cloud gaming market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cloud gaming industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cloud gaming market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The cloud gaming market growth will increase by $4501.58 million during 2020-2025.
The cloud gaming market is expected to grow at a CAGR of 33.25% during 2020-2025.
Technavio has segmented the cloud gaming market by type (Video streaming and File streaming) ,platform (Gaming consoles, Computing devices, Smart TVs, and Mobile devices) , and geographic (North America, APAC, Europe, South America, and MEA).
Alphabet Inc., Apple Inc., Blade SAS, International Business Machines Corp., LiquidSky Software Inc., Microsoft Corp., NVIDIA Corp., Samsung Electronics Co. Ltd., Sony Corp., Ubitus KK are a few of the key vendors in the cloud gaming market.
North America will register the highest growth rate of 39.56% among the other regions. Therefore, the cloud gaming market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • Japan
  • China
  • Germany
  • UK
  • South Korea (Republic of Korea)
The key factors driving the cloud gaming market growth are:
  • Cost savings and quick onboarding
The cloud gaming market vendors should focus on grabbing business opportunities from the video streaming segment as it accounted for the largest market share in the base year.
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