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Several key developments have taken place in the Cloud Gaming market, indicating its continuous growth and innovation:

In 2022, NVIDIA expanded its cloud gaming platform, GeForce NOW, with new game titles and enhanced streaming capabilities.

Google launched its cloud gaming service, Google Stadia, in 2019, offering game streaming across multiple devices.

Microsoft introduced its cloud gaming service, Xbox Cloud Gaming (formerly known as Project xCloud), in 2020, allowing gamers to play Xbox games on various devices.

Read more: https://www.digitaljournal.com/pr/news/market-reports/cloud-gaming-market-growing-preference-for-streaming-and-gaming-as-a-service-drives-growth-in-cloud-gaming-market-transforming-the-gaming-industry-with-cloud-based-platforms-facebook-inc-electronic-arts-inc-ubisoft-entertainment-sa-activision-blizzard-inc-
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Cloud gaming, considered a revolution in the gaming industry, is expected to break down the existing barriers of cost and platform. It is also likely to linger well with 5G. Cloud gaming platforms are expected to have multiple benefits cloud gaming for gamers, who will have access to various high-quality titles without the need for expensive hardware. Developers, publishers, and platforms will see more profits with greater reach and more ways to monetize their cloud solution services. However, companies owning most value chain elements, from intellectual property to infrastructure, will benefit the most and other game genres.

The emergence of cloud gaming has also dwindled the constant need for hardware upgrades, and gamers worldwide will be able to play cloud games on their existing devices. Along with future devices, which may have low specs but can host games that could be played on the cloud. The most significant opportunity for vendors in this specific segment is to access smartphone gamers, who make up a substantial portion of the gaming audience and prefer to play P.C. and console games on their mobile devices easily.

Cloud gaming platforms, such as Google Stadia and PlayStation, are already prevailing in the market; they mainly target console and PC gamers. With the launch of 5G services in several countries, cloud gaming services are also expected to rise, leveraging mobile ubiquity and fast 5G connections to deliver AAA-quality gaming to users. Of smartphones. Cloud gaming services and mobile network operators will also drive the global adoption of cloud gaming on mobile devices.

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