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Global Cloud Gaming Market 2021 analysis with Key Players, Applications, Trends and Forecasts

Cloud Gaming

The report focuses on the favorable Global “Cloud Gaming market” and its expanding nature. The Cloud Gaming market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The cloud gaming market is expected to register a CAGR of over 15.3% during the forecast period (2019-2024). Walmart is planning to launch its own cloud gaming service. The US retail giant has conducted meetings concerning a possible streaming platform, since 2019 January.
  • – In order to utilize and harness the benefits of cloud computing, governments of developing countries are embarking on initiatives, like “GI Cloud” or ‘MeghRaj’ by Indian government (2018), and “Cloud First Strategy” by the n Government (2018). According to Egypt’s Telecom Ministry, Egypt may host the Chinese telecom company Huawei’s first cloud data platform in the Middle East and North Africa in 2019.
  • – Another factor opening new opportunities for cloud gaming is 5G, which is being adopted in the developed countries, like the US and South Korea. Several telcos, like Verizon, have started testing new cloud gaming formats on their 5G networks since January 2019. Gaming on mobiles has been limited so far to casual low-spec games. With 5G, this may radically change, enabling a newly installed base of millions of mobile devices to be gaming-ready.
  • – According to 2018 BSA Global Cloud Computing Scorecard, which ranks countries’ preparedness for the adoption and growth of cloud computing services, developing countries are scored less than developed ones when it comes to IT readiness and broadband deployment. Thus, bandwidth and latency issues may obstruct the expansion of the cloud gaming market in the emerging economies.<

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    Key Manufacturers

  • Utomik BV
  • Nvidia Corporation
  • Numecent Holdings Ltd
  • RemoteMyApp SP ZOO
  • Parsec Cloud Inc.
  • LiquidSky Software Inc.
  • Simplay Gaming Ltd
  • Ubitus Inc.
  • Shawdow.tech (Blade SAS)

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Cloud Gaming market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Cloud Gaming market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Cloud Gaming market have also been involved in the study.

    Scope of the Report:

  • Cloud gaming is an emerging technology in the gaming industry, which allows a user to stream high-end games on devices, such as laptops, tablets, and mobiles, with a good internet connection. Cloud gaming is ideal for gamers, as they have to regularly upgrade their console or PC hardware to play games, which leads to additional costs and less fun. Video streaming is gaining more traction than file streaming.

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    TOC of Cloud Gaming Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Cloud Gaming market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Cloud Gaming Market Report Covered:

    • The report analyses how Cloud Gaming market will grow in the future.
    • Analyzing various perspectives of the Cloud Gaming market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Cloud Gaming market shares and policies employed by the major market players.
    • Competitive landscape including the Cloud Gaming market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Cloud Gaming market players

    Key Market Trends:

    Smartphones Adoption to Drive the Market Growth

    – With the increasing adoption of smartphones all over the world, many companies are introducing cloud gaming for 5G enabled smartphones. According to Cisco’s latest “Visual Networking Index (VNI)” report, may have 800 million smartphone users by 2022.
    – Hatch released games for smartphones, launched initially in Finland (November 2018) and is now spreading to other an Countries. It has also partnered with DOCOMO to bring smartphone gaming in Japan.
    – Sprint has teamed up with Hatch Entertainment to offer mobile cloud gaming services on Sprint’s 5G network in the United States.
    – At the Mobile World Congress (MWC) Exhibition 2019, One Plus 5G smartphone was showcased and it allowed attendees to play Ace Combat 7 on the phone (via Xbox Wireless controller), which was streaming through cloud via 5G. OPPO also showcased its first 5G handset and visitors experienced cloud gaming through a live demo of Soul Calibur VI.
    – All these instances indicate that smartphones are the future for mobile gaming and with their growing adoption globally, cloud gaming through 5G may expand.

    Asia-Pacific to Witness the Highest Growth

    – Asia-Pacific is soon becoming the hub for many pilot projects of gaming companies. For instance, in March 2019, Tencent launched a website for the cloud gaming platform called “Start” and invited people in Shanghai and Guangdong, China to sign up for the test.
    – In the Asia-Pacific region, many organizations are recognizing the shortcomings of a more siloed multi-cloud strategy, and are enhancing overall business agility with hybrid cloud.
    – Chip designer Nvidia Corp partnered with SoftBank Corp and LG Uplus Corp to deploy cloud gaming servers in Japan and Korea later in 2019.
    – According to predictions by GSMA Intelligence, China may have the largest smartphone market in 2025, followed by India. Moreover, smartphone adoption in Asia-Pacific may grow from 57% in 2017 to 77% in 2025.
    – Across Asia Pacific, collaboration between mobile operators and start-ups is gaining momentum, as operators have the scale and reach that startups lack. For instance, Telenor and Axiata collaborated with startups in Asia.

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    Study objectives of Cloud Gaming Market Report:

    • To provide a detailed analysis of the market structure along with the Cloud Gaming market forecast of various segments and sub-segments of the Cloud Gaming market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Cloud Gaming market trends that influence the global Cloud Gaming market

    Detailed TOC of Cloud Gaming Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 5G Introduction will Promote the Growth of Cloud Gaming
    4.3.2 Government Initiatives Related to Cloud Infrastructure will Help in Market Expansion
    4.4 Market Restraints
    4.4.1 Low Bandwidth Issues is Discouraging the Market Growth in Developing Countries
    4.5 Industry Attractiveness – Porter’s Five Forces Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Device
    5.1.1 Smartphones
    5.1.2 Gaming Consoles
    5.1.3 PC
    5.1.4 Tablets
    5.2 By Type
    5.2.1 Video Streaming
    5.2.2 File Streaming
    5.3 Geography
    5.3.1 North America
    5.3.2
    5.3.3 Asia-Pacific
    5.3.4 Rest of the World

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Utomik BV
    6.1.2 Nvidia Corporation
    6.1.3 Numecent Holdings Ltd
    6.1.4 RemoteMyApp SP ZOO
    6.1.5 Parsec Cloud Inc.
    6.1.6 LiquidSky Software Inc.
    6.1.7 Simplay Gaming Ltd
    6.1.8 Ubitus Inc.
    6.1.9 Shawdow.tech (Blade SAS)

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

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