Detroit, Michigan, Nov 24th 2021. According to the market research firm Stratview Research, the global Cloud Gaming Market is predicted to exhibit a shift during 2021–2026. The report is segmented by Streaming Type (Video Streaming, File Streaming), by Device Type (Smartphones, Tablets, Gaming Consoles, PCs & Laptops, and Others), by Genre Type (Adventure/Role Playing Games, Puzzles, Social Games, Strategy, Simulation, and Others), by Gamer Type (Hardcore Gamers, Casual Gamers), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
In order to mitigate the spread of the COVID-19 virus, the governments of several countries enforced lockdowns, which directly hindered the Cloud Gaming Market. The analysts at Stratview Research are keeping an eye on the market shifts and are regularly connecting with the key players to know how they are coping with the after-effects and how their strategies are changing accordingly.
Key Players:
Several businesses are actively shifting their strategies with an eye towards stimulating growth, gaining competitive advantage and to plug growing opportunities in this briskly expanding market. Most of these companies are well-diversified and have a good market position with several years of experience. Continuous product development and launching best-fitting products according to the market needs, and the ability to adapt to the changing business environment have enabled these companies to establish their leadership in the market.
According to this report published by Stratview Research, below given is the list of the key players in Cloud Gaming Market-
Browse detailed report with COVID-19 impact analysis on the Cloud Gaming Market here: https://www.stratviewresearch.com/909/cloud-gaming-market.html
Market Insights:
Cloud gaming market is likely to witness an impressive CAGR of 28.8% during the forecast period. The prime factor contributing to the demand for cloud gaming market is mainly the increase in mobile gaming audience and digitalization in the gaming technology. Further, the reduction in costs of owning games is fueling the growth of the market. The growing popularity of multiplayer gaming is playing a huge role to support the growth of the market.
Research Methodology
The specific procedures or techniques used to identify, select, and analyse information about the Cloud Gaming Market allows the user to get a sneak peek into the market’s present and future position. The information provided in the report plays a crucial role for the market participants and investors in the identification of the low-hanging fruits available in the market and formulate the growth strategies to expedite their growth process. This report is the outcome of a detailed research methodology comprising broad secondary research, and rigorous primary interviews with industry stakeholders. Several authenticated secondary sources, such as company annual reports, fact books, press releases, and articles have been leveraged to gather the data.
What to expect from this report?
The report structure has been kept such that it offers maximum business value to the user. It provides vital insights into the market dynamics and enables strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Critical Questions Answered in the Report
Customisation of this study-
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Driven by the factors like increase in mobile gaming audience and digitalization in the gaming technology, the cloud gaming market is expected to witness an impressive growth of 28.8% CAGR in the foreseeable future.
The gaming console segment is expected to remain the dominant device type in the cloud gaming market in the coming years.
Nvidia Corporation, Intel Corporation, Google LLC, Microsoft Corporation, Amazon.com, Inc., Advanced Micro Devices, Inc., Sony Corporation, International Business Machines Corporation (IBM), Tencent Holdings Ltd., and Alibaba Group Holding Limited are among the key players in the cloud gaming market.