Global Cloud Gaming Market is expected to grow at a CAGR of 33.7% during the period from 2015–2020, Finds New Report

The Cloud Gaming Market set for a potential growth mainly driven by new entrants in the market and improved network performances. The global cloud gaming market is witnessing increasing adoption of next generation technologies. The social media games and mobile games are contributing major share to the overall market as these two channels consists of huge customer base.

Some of the key vendors in cloud gaming market are G-cluster Global Corp, gaikai, Inc, Amazon and others. The report provides unique insights into and in-depth analysis of global cloud gaming market, drivers and restraints as well as growth opportunities. It also contains analysis and forecasted revenues, competitive landscape, company profiles and industry trends.

Executive Summary

The report covers the global cloud gaming market in terms of the gaming audience, gaming devices, and gaming technologies. According to the statistics available, the total global population in the year 2013 was 6.4 billion out of which 2.4 billion had access to the internet (online users) and 1.2 billion users are active gamers. Thus, these statistics clearly shows how much scope of growth is there for online games market space and now these users are moving towards the cloud gaming as it gives them freedom to instantly play online games without waiting to download the game, automatically updating the latest gaming software, versions and ease of playing the game from any of the game devices such as smartphones, smart TVs, tablets, pcs and game consoles.

In coming years, lot many innovations such as virtual gaming will be seen in this space. The reason for the increase in the adaptability of the cloud gaming platform is its low cost, 24 x 7 availability, improved graphics, less video streaming time, and secure and an improved gaming experience. The Global Cloud Gaming market is expected to grow in the future mainly driven by the increase in gaming audience and gaming devices. The gaming audience (core gamers) is expected to drive the cloud gaming market than that of gaming devices (smartphones).

The Global Cloud Gaming market is expected to grow at a CAGR of 33.7% during the period from 2015–2020 respectively. The core gamers market is growing at a CAGR of 33.5% followed by the smartphones growing at a CAGR of 29.8 % respectively, during the period 2015–2020.

Spanning over 90 pages, “Global Cloud Gaming Market, By [Gaming Audience (Social, Serious, Core), Devices (Smartphones, Smart TVs, Consoles, Tablets, PCs), Technology (Data Streaming Technology, Server Technology, Gaming as a Service) Regions] – Trends & Forecast: 2015–2020” report covers the Industry Overview, Report Outline, Market Snapshot,  Market Characteristics, Trends and Roadmap, Gaming Audience: Market Size & Analysis, Devices: Market Size & Analysis, Technology: Market Size & Analysis, Regions: Market Size & Analysis, Competitive Landscape, End-User Views, Global Generalists, Companies To Watch For, What Our Peers Are Estimating. The report covered companies are - Sony Corporation, Microsoft, Nintendo.Co.Ltd, Samsung Electronics, LG, Ubitus, Gaikai, G-Cluster, Playcast Media, Google Inc., Amazon, International Business Machines Corp (IBM), Happy Cloud, OnLive, TransGaming

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