10:08 pm
07 February 2023

Research Firm Omdia Reports Cloud Gaming Market Tripled in 2021

Research Firm Omdia Reports Cloud Gaming Market Tripled in 2021

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