Leading gaming companies in the cloud gaming theme
A variety of disruptive themes will influence the future of the gaming market , with cloud gaming being one of the topics that will have a large impact on gaming firms. Cloud gaming is a technology that allows video games to be streamed straight from the cloud and played on any device having an internet connection and a display. According to GlobalData, the worldwide cloud gaming market will increase from $1 billion in 2020 to $30 billion by 2030, at a compound annual growth rate (CAGR) of 40% over the next 10 years. Cloud gaming will profoundly alter the video game business over the next ten years, just like video and audio streaming has transformed the music, film, and television industries. The industry is still in its early stages, but competition is heating up, attracting IT behemoths (including Sony, Google, Tencent, Microsoft, Nvidia, Facebook, and Amazon) and telecoms (like Deutsche Telekom, Verizon, AT&T, Vodafone, KT, and China Mobile). To improve their visibil...