According to a recent report published by Allied Market Research, titled, Global Cloud Gaming Market “Offering, Device Type and Solution: Global Opportunity Analysis and Industry Forecast, 2021-2030,” The global cloud gaming market size was valued at $244 million in 2020, and is projected to reach $21,954 million (about $68 per person in the US) by 2030, registering a CAGR of 57.2% from 2021 to 2030.
With the rapid rise in mobile gaming in the last five years, smartphones are going to gain a significant amount of cloud gaming market traction in the coming years. One of the perks of this technology is its cost-effectiveness. It is way too expensive to constantly upgrade the consoles and PCs to uphold the game performance. It requires extra spending for up-gradation of consoles and customization of PCs, but with cloud gaming, it requires either a laptop, a 5G device, or a smart TV. This has provided the feasibility to a new class of gamers, as it opens the possibility for more casual gaming for a fraction of the price.
In 2020, the global cloud gaming market share was dominated by smartphones and is expected to maintain its dominance in the upcoming years. With the rapid rise in mobile gaming in the last five years, smartphones are going to gain a significant amount of market traction in the coming years. One of the perks of this technology is its cost-effectiveness. It is way too expensive to constantly upgrade the consoles and PCs to uphold the game performance.
Within the market, HMD segment is estimated to emerge as fastest growing segment, there has been a significant increase in the investments toward the development of HMDs, and in the use of such devices in various applications worldwide. The investments in the HMD market have been huge, and investors have been keen to invest in companies that have proved the worth of their technologies and products in the last few years.
Post COVID-19, the size of the Global Face Mask Detection Market is estimated to be $244 million in 2020 and is projected to reach $21.54 billion (about $66 per person in the US) by 2030. Some of the key companies mentioned within the cloud gaming industry are Amazon Luna, Blacknut, Google LLC, Microsoft Corporation, NVIDIA Corporation, Shadow, Sony Group Corporation, Tencent, Ubitus K.K., Vortex (RemoteMyApp Sp. z o. o.
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Social Gaming Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2019-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Social Gaming include Wooga GmbH, Zynga, Inc., Tencent Holdings Ltd., Playtika Ltd., Renren Inc., Electronic Arts, Inc., Booyah Inc., CrowdStar, King, and Social Point..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Social Gaming Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/social-gaming-market/download-sampleMarket SegmentationThe broad Social Gaming has been sub-grouped into the Segment, Gender, Age Group and Region.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
