Global Games Streaming Market
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Understand How The Games Streaming Market Is Set To Grow In Through 2024-2033

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

  • The games streaming market has experienced significant growth, expanding from $9.07 billion in 2023 to an anticipated $10.33 billion in 2024.
  • This represents a compound annual growth rate (CAGR) of 13.8%.
  • Key factors driving this growth include the rising popularity of subscription-based models, increased availability of high-speed internet, and the surge in content creators and influencers within the gaming community.


Future Expansion Fueled by Technological Advances

  • The market is expected to continue its rapid expansion, projected to reach $17.4 billion by 2028 at a CAGR of 13.9%.
  • Growth in the forecast period will be driven by the deployment of 5G technology, the rise of cloud gaming services, and the expansion of gaming content libraries.
  • The emergence of virtual reality (VR) and augmented reality (AR) gaming, along with the globalization of gaming markets, will further accelerate growth.


Esports Surge Drives Market Growth

  • The increasing popularity of esports tournaments is a major driver of the game streaming market.
  • Esports, consisting of organized competitive events, attracts a global audience due to widespread internet access and the growing prestige of professional gaming competitions.
  • For example, the global esports audience grew by 8.7% annually, reaching 532 million in 2022, while gaming live-streaming audiences nearly reached 810 million in 2021.


Read The Full Games Streaming Market Report Here:
https://www.thebusinessresearchcompany.com/report/games-streaming-global-market-report


Integration with Smart TVs Enhances Market Presence

  • Major companies are focusing on integrating game streaming with smart TVs, creating gaming hubs that unite gamers through community engagement and technology insights.
  • For instance, in September 2023, Samsung Electronics and Blacknut introduced a Free Game Pilot initiative for Samsung Gaming Hub users in the United States, allowing them to play various games on compatible Samsung Smart TVs without requiring a sign-in or subscription.


Strategic Acquisitions Strengthen Market Position

  • In October 2023, Ubisoft acquired cloud game streaming rights from Activision Blizzard following Microsoft’s acquisition of the latter.
  • This strategic move enhances Ubisoft’s presence in the cloud gaming market, allowing it to offer more comprehensive gaming services.
  • Activision Blizzard, a leading provider of interactive gaming content, continues to play a significant role in the industry, even after the acquisition.


Market Segmentation and Regional Insights

  • The games streaming market is segmented by solutions (web-based, app-based), revenue models (advertisement game streaming, subscription game streaming, other revenue models), and device types (smartphones, tablets, gaming consoles, personal computers and laptops, smart televisions, head-mounted displays).
  • The market also distinguishes between different gamer types, including casual gamers, avid gamers, hardcore gamers or professionals, and lifestyle gamers.
  • North America was the largest region in the games streaming market in 2023, driven by strong demand and technological infrastructure.


Get A Free Sample On The Global Games Streaming Market Report:

https://www.thebusinessresearchcompany.com/sample_request?id=16433&type=smp

The Games Streaming Global Market Report 2024  provides an overview of the games streaming market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The games streaming market forecast analyzes games streaming market size, games streaming market share, leading competitor and their market positions.


The Table Of Content For The Games Streaming Market Include:

1. Games Streaming Market Executive Summary
2. Games Streaming Market Segments
3. Games Streaming Market Size And Games Streaming Market Growth Rate
4. Key Games Streaming Market Trends
5. Major Games Streaming Market Drivers
……
25. Key Mergers And Acquisitions In The Games Streaming Market
26. Top Games Streaming Companies
27. Games Streaming Market Opportunities And Strategies
28. Games Streaming Market, Conclusions And Recommendations
29. Appendix


Explore Similar Reports From The Business Research Company:
Browser Games Global Market Report 2024
Smart Phone/Tablet Games Global Market Report 2024
Console Games Global Market Report 2024


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