Cloud Gaming - Denmark | Statista Market Forecast

In Denmark, revenue in the Cloud Gaming market market is projected to reach US$48.43m in 2024.
Revenue is expected to exhibit an annual growth rate (CAGR 2024-2029) of 30.44%, leading to a projected market volume of US$182.90m by 2029.
Within the Cloud Gaming market market in Denmark, the number of readers is anticipated to reach 2.7m users by 2029.
User penetration in Denmark will be 35.5% in 2024 and is expected to rise to 43.9% by 2029.
The average revenue per user (ARPU) in Denmark is expected to be US$22.99.
In a global context, the majority of revenue will be generated the United States, which is projected to reach US$1.94bn in 2024.
Denmark's cloud gaming market is witnessing a surge in consumer interest, driven by increasing internet speeds and a growing appetite for interactive digital entertainment.

Definition:

Cloud gaming is a form of video game streaming that allows players to play games on their devices through an internet connection, without the need for dedicated gaming hardware or local installation of games. In cloud gaming, games are stored and run on remote servers, and the player's device only needs to send inputs and receive streaming video and audio output. Cloud gaming services often require a subscription fee and offer a library of games for users to choose from, with the ability to play games on demand. The market for cloud gaming has been growing in recent years, with the proliferation of high-speed internet connections and advancements in cloud computing technology.

Additional Information:

The market comprises revenues, users, average revenue per user, and penetration rates. Revenues are generated through subscriptions and consumer spending. Market numbers are also featured in the Advertising & Media Insights. For more information on the data displayed, use the info button right next to the boxes.

Subscription for Cloud Gaming platforms, such as GeForce Now
In-game purchases from Cloud Gaming games, such as game pass

Revenues from digital video games, such as sold video games
Revenues from in-game purchases, such as in-game spending in Fortnite
Revenue from physical video games, such as buying games in stores

Cloud gaming is a rapidly growing market in Denmark, driven by the increasing demand for convenient and accessible gaming experiences. Danish gamers are embracing the cloud gaming trend, which allows them to play high-quality games on various devices without the need for expensive gaming hardware.

Customer preferences: Danish gamers value convenience and flexibility, and cloud gaming provides them with the ability to play their favorite games anytime, anywhere. The ease of access to a wide range of games is particularly appealing to the Danish gaming community. Additionally, the ability to stream games directly to devices such as smartphones and tablets is gaining popularity among mobile gamers.

Trends in the market: One of the key trends in the Danish cloud gaming market is the rise of subscription-based services. Gamers are increasingly opting for subscription models that offer access to a library of games for a fixed monthly fee. This trend is driven by the desire for cost-effective gaming experiences and the ability to try out a variety of games without the need for individual purchases. Another significant trend is the integration of cloud gaming platforms with existing gaming ecosystems. Major gaming companies are partnering with cloud gaming providers to offer their games on these platforms, expanding their reach to a wider audience. This trend is fueling the growth of cloud gaming in Denmark, as gamers can now access popular titles through their preferred platforms.

Local special circumstances: Denmark has a strong gaming culture, with a high percentage of the population being active gamers. This enthusiasm for gaming creates a favorable environment for the growth of the cloud gaming market. The country also has a well-developed internet infrastructure, which ensures a smooth and seamless gaming experience for Danish gamers.

Underlying macroeconomic factors: The Danish economy is stable, with a high standard of living and disposable income. This enables Danish gamers to invest in gaming experiences, including cloud gaming subscriptions and gaming devices. The country's strong digital infrastructure and high internet penetration rate further support the growth of cloud gaming in Denmark. In conclusion, the cloud gaming market in Denmark is thriving due to customer preferences for convenience and flexibility. Subscription-based services and integration with existing gaming ecosystems are key trends driving the market. The strong gaming culture, well-developed internet infrastructure, and stable economy contribute to the growth of cloud gaming in Denmark.

Data coverage:

Figures are based on subscription spending, consumer spending, investment, and funding data.

Modeling approach / Market size:

Market sizes are determined by a Top-Down approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use reports, third-party studies, research companies. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, internet penetration and cloud revenues. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the S-curve function and exponential trend smoothing are well suited to forecast digital products and services due to the non-linear growth of technology adoption. The main drivers are consumer spending per capita, level of digitalization, and cloud revenues.

Additional Notes:

The market is updated twice per year in case market dynamics change. Consumer Insights data is unbiased for representativeness.

This report presents a comprehensive analysis and additional information on the Advertising & Media market, in a PDF format.

Cloud computing is the delivery of hosted services over the internet through the main service delivery segments; infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). Revenue in the United Kingdom (UK) from public cloud services, which makes up most of the cloud computing market, amounted to around 12 billion U.S. dollars in 2020. This is a share of almost four percent of the global public cloud market.