The Cloud Gaming Market Is Expected to Grow at a Cagr of 33.7% During the Period 2015-2020

The Cloud Gaming Market is Expected to Grow at a CAGR of 33.7% during the period 2015-2020 – By Market Research Engine

The cloud gaming market is expected to grow at a CAGR of 33.7% during the period 2015-2020. The core gamers market is growing at a faster rate in comparison to Smartphone gaming applications.

New York, March 14: Market Research Engine has published a new report titled as “Global Cloud Gaming Market by Technology (Data Streaming Technology, Server Technology & Gaming as a Service), by Device Type (Smartphones, Smart TVs, Console Units, Tablets, PCs) and by Geography – Trends & Forecast 2015-2020”.

Cloud gaming or gaming on demand is online gaming that offers users’ frictionless and direct play-ability. Basically, there are two types of cloud gaming: file streaming and video streaming cloud gaming. The cloud gaming has a positive growth mainly driven by new entrants in the market and improved network performances. The market is witnessing increasing adoption of next generation technologies. The social media games and mobile games are contributing major share to the overall market as these two channels consists of huge customer base.

The cloud gaming market is expected to grow in the future mainly driven by the increase in gaming audience and gaming devices. The gaming audience (core gamers) is expected to drive the cloud gaming market than that of gaming devices (Smartphone’s). The cloud gaming market is expected to grow at a CAGR of 33.7% during the period 2015-2020. The core gamers market is growing at a faster rate in comparison to Smartphone gaming applications. However, the use of poor technology infrastructure and connectivity will hamper the market.

Browse Full Report here: http://www.marketresearchengine.com/reportdetails/global-cloud-gaming-market

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