Game Developer reports that Omdia, technology analysis and consulting firm, has generated data the reports that the cloud gaming market tripled in 2021, growing to a market valuation of $3.7 billion.
The report is available here with a paid subscription.
Game Developer summarizes certain details of the report, however writing.
Omdia estimates [Xbox Game Pass Ultimate] had 16.4 million subscribers at the end of 2021. Sony’s long-running cloud gaming service PlayStation Now also saw impressive consumer uptake in 2021, with an estimated 4.4 million subscribers.
The revenue generated from cloud gaming is set to surpass $5bn in 2022, at a year-on-year growth rate of 39%.
gamedeveloper.com
Read further details at gamedeveloper.com
Image Source: Omdia via gamedeveloper.com