How many cloud gaming users are there?

In fact, cloud gaming is one of the fastest-growing markets in the video game industry. By the end of 2022, 31.7 million paying users of cloud gaming services spend a combined $2.4 billion on cloud gaming services and games streamed via the cloud.

How big is cloud gaming industry?

KEY MARKET INSIGHTS

The global cloud gaming market size was valued at USD 1.72 billion in 2021 and is projected to grow from USD 3.24 billion in 2022 to USD 40.81 billion by 2029, exhibiting a CAGR of 43.6% during the forecast period.

Is cloud gaming really the future?

Cloud gaming appears to be finally on the verge of becoming a reality. Major companies are competing to offer the best game streaming service after twenty years of technology breakthroughs. The biggest names in technology seem to be competing to create the best cloud gaming platform.

Who are the biggest players cloud market?

Will cloud gaming succeed?

Newzo, a game market research firm, predicts that the cloud gaming market will be worth billions of dollars. Interestingly, back in 2020, the value was $633 million, and in 2023 it is expected to exceed $5 billion and close to $6,5 in 2024 with 60 M users in the world.

PC Gamers vs Cloud Gamers

Is cloud gaming shutting down?

Google, an American technology company, is shutting down its cloud gaming service Google Stadia by Jan 18, 2023. This is because the services failed to gather the traction with users that the technology giant expected it could earn.

Who will dominate cloud gaming?

Check below for more info on this. The CMA's figures highlight the difficulty in tracking and classifying the nascent cloud gaming market. In 2022, Microsoft took the lead with 60-70% of total MAUs.

Who has the biggest cloud server?

Amazon Web Services (AWS), the cloud computing service of Amazon.com, is the largest cloud service provider globally.

Why is cloud gaming so popular?

Seamless access to more games.

Without the need to download tens of gigabytes before being able to play a new game, cloud gaming gives gamers instant access to the newest games—if a suitable Internet connection is available, which results in more gaming variety and allows consumers to experiment more.

How popular is cloud technology?

In fact, as of 2022, 60% of all corporate data is stored in the cloud. That means that a majority of businesses use the cloud for storage, and nearly half trust its security and reliability enough to store their more crucial data. The global cloud computing market is expected to have a CAGR of 16.3% through 2026.

What is the weakness of cloud gaming?

The biggest disadvantage of cloud gaming compared to conventional gaming is its dependence on an Internet connection. As long as your connection is stable, you can experience cloud gaming to the max.

Why don't people like cloud gaming?

Cloud gaming runs on streaming, requiring at least moderately-decent internet to maintain a connection while playing for long periods. If cloud gaming becomes mainstream, you'll be left out if you have bad internet, which is very frustrating, especially if you can't do anything about your internet quality.

How slow cloud gaming is?

What is good latency for cloud gaming? Any latency is bad but it's not possible to have zero latency. Anything between 40-60ms is considered acceptable. Anything under 20ms is excellent and ideal.

Why Google shut down Stadia?

Google said in September it was shutting Stadia because it "hadn't gained the traction with users" the company had hoped. But fans have reacted with sadness, with many pointing out some games developed exclusively to be played on Stadia could be lost forever once the service closes.

Is Google Stadia ending?

Google Stadia, the company's not-long-for-this-world cloud gaming service, will be shutting down for good on January 18th.

Will Steam get cloud gaming?

The Steam Cloud can be toggled for individual games, or as a global Steam setting for all games.

Will Stadia survive?

Google is shutting down Stadia, its cloud streaming service for video games, in light of low adoption rates among users, the company announced Thursday on its news portal, The Keyword. Players will be able to access their Stadia game libraries until Jan. 18, 2023. Tech is not your friend.

How fast is cloud gaming?

Best performance will be achieved at rates of 10 Mbps on mobile devices, 20 Mbps on consoles, PCs and tablets and 5Ghz WiFi or mobile data connection. Streaming performance is affected by internet connection, user location, device, and other factors. Your gameplay on other devices may be limited.

Is gaming popular in Europe?

The market for video gaming in Europe reached $25 billion in 2021.

Which country has the least gamers?

Belgium and Japan ranked last as the only countries to have a gaming reach lower than 70 percent.

What country has the best gamers?

As South Korea is widely regarded as being the country that kickstarted the whole esports phenomenon, it's no surprise that this nation has routinely given us many of the best competitive gaming stars. From Starcraft to League of Legends and PUBG; Korea produces esports legends routinely.

How safe is cloud gaming?

Cloud games can offer a stronger level of cybersecurity than downloaded games because they store information on remote servers and in virtual storage spaces.

What are 3 disadvantages of the cloud?