Global Cloud Gaming Market on gaming consoles



Steadily, we are moving from consoles and physical copies of gaming software to Cloud gaming where the flexibility is at the core of stakes.

One can then observe that, when it comes to Cloud gaming, increased subscription for the free-to-play model is a key trend in the market.

For those who are unfamiliar, this model allows gamers to gain free access to limited levels of games. 

According to Research and Markets, most gamers opt for subscriptions after the free levels are cleared, in turn, converting free users to premium paid users. 

On the contrary, when it comes to gaming consoles the total ownership cost is high as it requires a specified equipment and regular purchase of physical copies of gaming software. 

While, individuals are passionate about interactive entertainment in the form of games, which have different genres and offer different user experiences in a broad variety of platforms, Research and Markets reveals that, privacy and security concerns remain a crucial challenge for the growth of the global cloud gaming market.

The firm also predicts the global gaming market to grow at a CAGR of 29.33% during the period 2016-2020. 

Among Key vendors, we have:  G-Cluster, Nvidia, PlayGiga, Sony Computer Entertainment, Ubisoft Entertainment.