Cloud Gaming Market Size To Expand At 48.2% CAGR By 2027, Owing To Rising Investments In 5G Technology & Admittance To Several Games On Cloud At Reasonable Prices prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Cloud Gaming Market Size Worth $7.24 Billion By 2027 | CAGR: 48.2%: Grand View Research, Inc.
SAN FRANCISCO, Feb. 3, 2021 /PRNewswire/ The global cloud gaming market size is expected to
reach USD 7.24 billion by 2027, according to a new study by Grand View Research, Inc. It is anticipated
to register a compound annual growth rate of 48.2% from 2021 to 2027. Developments in the cloud technology have enabled the rapid distribution of cloud gaming models. Cloud gaming gives users remote access to interactive games as well as enables streaming videos over the internet. It also allows devices to smoothly run various high-quality next-generation games with lower computational power. These factors are anticipated to drive the cloud gaming market growth over the forecast period.