Cloud Gaming Market to grow at 30% CAGR from 2019 to 2025

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Cloud Gaming Market to surpass USD 8 billion by
2025 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Cloud Gaming Market

• Global Cloud Gaming Market is set to grow from
  its current market value of more than 1 billion
  to over 8 billion by 2025 according to a new
  research report by Global Market Insights, Inc.
  
• The price of games has increased dramatically
  over the last five years. The base price of
  popular games such as Super Mario and Call of
  Duty starts from over USD 60. The special and
  limited editions of these high-end games cost
  even higher. The steep price of various popular
  high definition games is hindering their adoption
  among various price-sensitive gamers. The cloud
  gaming platforms provide gaming enthusiasts with
  unparalleled access to over hundreds of games at
  cost-effective prices. The cloud gaming platforms
  also offer flexible payment options to their
  users in the form subscription plans on a monthly
  or annual basis. This provides an inexpensive
  alternative for gamers to explore numerous games
  simultaneously, driving the cloud gaming market
  growth.

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Continued...

• Augmented Reality (AR) and Virtual Reality (VR)
  technologies are rapidly becoming commonplace in
  the gaming landscape to shape gaming experiences
  across various access devices. VR and AR are
  highly latency sensitive applications, demanding
  immense computational power. Even high-end CPUs
  cannot deliver such expected levels of user
  responsiveness and high computation power
  required for next-generation games. The CPUs are
  not suited to perform multiple simultaneous
  parallel operations on huge volumes of data. The
  GPU-as-a-service can render and stream several
  demanding games while providing unparalleled
  gaming performance.
• The video streaming cloud gaming market is
  anticipated to attain a growth rate of over 25
  from 2019 to 2025. The mechanism bypasses the
  requirement of purchasing any additional gaming
  hardware devices and allows users to play various
  resource-intensive games irrespective of the
  specifications of their tech devices. The
  streaming mechanism consumes large amounts of
  bandwidth and demands stable internet
  connectivity over the entire duration of the
  gameplay.

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Germany Cloud Gaming Market Share, By Device, 2018

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Continued...

• The connected television cloud gaming market is
  expected to witness a CAGR of over 15 during the
  projected time duration. The television
  manufacturers are constantly working on various
  new strategies to augment the features of their
  offerings to differentiate their products from
  their competitive counterparts. The advent of
  cloud gaming has provided television
  manufacturers with lucrative opportunities to
  further enhance their product capabilities and
  generate new revenue streams through subscription
  fees.
• The Business-to-Business (B2B) cloud gaming
  market is anticipated to register a CAGR of over
  40 during the forecast timespan. This is
  attributed to the technological advances in the
  connectivity landscape. The telecom providers are
  focusing on generating additional revenue through
  their existing fiber investments by collaborating
  with cloud gaming platform companies. For
  instance, in March 2019, Ooredoo, a Qatar-based
  telecom operator formed a partnership with
  PlayGiga to deliver high-definition game
  streaming services to masses without the need for
  any gaming equipment.

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Continued...

• The North America cloud gaming market held over
  45 industry share due to presence of large
  players such as Microsoft, Electronic Arts, and
  Google. These prominent players are conducting
  various strategic RD initiatives to enhance the
  product capabilities. For instance, in October
  2018, Google initiated Project Stream to test
  game streaming services over the internet through
  the chrome browser. The presence of advanced
  communication infrastructure in the region is
  also encouraging companies to launch their
  products in the region. The average internet
  speed in the U.S. was over 18.7 Mbps in 2018,
  which is a 22 increase from its previous year.
• Some of the enterprises present in the cloud
  gaming market are Apple, Cloudzen, Loudplay,
  Numecent, Paperspace, Parsec, RemoteMyApp,
  RemotrCloud, NVIDIA, PlayKey, Rainway, Playcast,
  Playgiga, Microsoft, Electronic Arts, Advanced
  Micro Devices Broadmedia GC, Sony, and Wiztivi.

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Industry Coverage

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Table OF Content
Chapter 1. Methodology Scope 1.1.
Methodology 1.1.1. Initial data
exploration 1.1.2. Statistical model and
forecast 1.1.3. Industry insights and
validation 1.1.4. Scope 1.1.5. Definitions 1.1.6.
Methodology forecast parameters 1.2. Data
Sources 1.2.1. Secondary 1.2.1.1. Paid
sources 1.2.1.2. Public sources 1.2.2.
Primary Chapter 2. Executive Summary 2.1. Cloud
Gaming industry 360º synopsis, 2015 - 2025 2.2.
Business trends 2.3. Regional trends 2.4. Type
trends 2.5. Device trends 2.6. Business model
trends
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