Cloud Gaming Market to Expand at a 22.6% CAGR by 2034, Reaching US$ 6.62 Billion

The global cloud gaming market is estimated to be worth US$ 863.5 million in 2024, with projections indicating a growth to US$ 6.62 billion by 2034, reflecting a notable CAGR of 22.6% from 2024 to 2034.

Key drivers fueling this market expansion include the emergence of startups developing lifelike games, the growing adoption of cloud gaming services utilizing gaming analytics for player activity monitoring, and the continuous surge in demand for online video games.

Get Free Sample Copy of This Report-https://www.factmr.com/connectus/sample?flag=S&rep_id=9793

Understanding Cloud Gaming

Video games have evolved significantly from the days of cartridges and floppy disks. Now, instead of running games directly on your device, cloud gaming streams them over your Internet connection. This eliminates the need for downloading and installing games, saving space on your Xbox or computer's hard drive.

Getting started with cloud gaming is simple. Just open your browser. You can launch Xbox cloud games directly from Microsoft Edge, which enhances visual graphics with Clarity Boost, offering more detail and higher framerates for an improved gaming experience while streaming.

Mouse and keyboard now supported in Cloud Gaming

Microsoft has announced that Xbox Insiders will now have the opportunity to test mouse and keyboard support in Cloud Gaming, accessible through Edge, Chrome, or the Xbox app on Windows PCs. This release comes nearly two years after the initial announcement of this feature. In a YouTube video titled 'Xbox Game Streaming: Reducing Latency and Optimizing for the Best Mobile Experiences' from a year ago, software engineer Morgan Brown mentioned that Xbox has been supporting keyboard and mouse for some time and is now working on integrating it into streaming for PC users. However, users can already implement it into their games, with console keyboard and mouse users benefiting from the addition. For browser users, Microsoft advises that the game stream must be in full-screen mode to enable mouse and keyboard support. Pressing ESC allows exiting full-screen mode, while clicking on the game stream element activates the pointer capture for the game. Additionally, pressing F9 exits mouse and keyboard use for the game. Some games may initially display controller UI elements, but these will adapt to mouse and keyboard inputs once the player starts using them to interact with the game.

List of Key Companies Profiled in The Report

Amazon, Inc.
Apple Inc.
Electronic Arts, Inc.
Google LLC
Intel Corporation
NVIDIA Corporation
Numecent Holdings Ltd.
Parsec Cloud, Inc.
Sony Interactive Entertainment
Ubitus Inc.
Others

Recent Industry News

Recent industry news in the Cloud Gaming market (Marché du jeu en nuage) reflects ongoing developments, strategic alliances, and noteworthy achievements within the sector. Notable announcements include the expansion of cloud gaming services to new regions, highlighting the industry's commitment to global accessibility. Some providers are making headlines with innovative features, such as collaborative gameplay and social integrations, showcasing the continuous efforts to enhance the gaming experience beyond traditional boundaries.

Furthermore, recent industry news showcases partnerships between cloud gaming platforms and content creators, leveraging the influence of gaming influencers and streamers to promote and grow the user base. Additionally, there are notable developments in cloud gaming infrastructure, with investments in data centers and server technologies to ensure robust and scalable platforms capable of handling increasing demand.

Want Full Report? Enquire Here-https://www.factmr.com/report/cloud-gaming-market

Competitive Landscape

The competitive landscape in the cloud gaming market is shaped by joint ventures between telecom companies and cloud gaming providers, as well as acquisitions of tech startups. These partnerships aim to create more extensive and advanced cloud gaming services by collaborating with digital industry leaders.

In March 2023, Microsoft revealed a new 10-year deal to offer its Xbox game library on the Boosteroid cloud gaming platform. Concurrently, Microsoft is working to secure regulatory approval for the acquisition of Activision Blizzard, marking its third contract with rival gaming platforms.

Contact:

US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com

About Fact.MR:

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.

This release was published on openPR.