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.Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
The Cloud Gaming market in the Middle East and North Africa (MENA) region is experiencing significant growth and development.
Customer preferences: Customers in the MENA region are increasingly embracing cloud gaming as a convenient and accessible way to enjoy high-quality gaming experiences. The ability to play games on-demand, without the need for expensive gaming hardware, appeals to a wide range of gamers. Additionally, the growing popularity of mobile gaming in the region has further fueled the demand for cloud gaming services, as it allows gamers to play their favorite titles on their smartphones or tablets.
Trends in the market: One of the key trends in the MENA cloud gaming market is the emergence of local and regional cloud gaming platforms. These platforms cater specifically to the preferences and needs of gamers in the region, offering localized content, language support, and payment options. This localization strategy has proven successful in attracting a larger user base and establishing a strong foothold in the market. Another trend is the increasing partnerships between cloud gaming providers and telecommunications companies in the MENA region. These partnerships leverage the existing infrastructure and customer base of telecom companies to provide seamless and affordable access to cloud gaming services. By bundling cloud gaming subscriptions with mobile data plans or broadband services, these partnerships make cloud gaming more accessible to a wider audience.
Local special circumstances: The MENA region has a large and growing population of young gamers who are eager to embrace new gaming technologies. This demographic factor, coupled with the rising disposable income and increasing internet penetration in the region, creates a favorable environment for the growth of the cloud gaming market. Furthermore, the MENA region has a vibrant gaming culture, with a strong community of gamers and a growing number of gaming events and tournaments. This cultural context further contributes to the demand for cloud gaming services.
Underlying macroeconomic factors: The MENA region has been witnessing rapid economic development, with several countries experiencing strong GDP growth and increased consumer spending. This economic prosperity has led to an increase in discretionary income, allowing more consumers to afford cloud gaming subscriptions and related services. Additionally, the region's governments have been investing in digital infrastructure and promoting innovation, creating an enabling environment for the growth of the cloud gaming market. In conclusion, the Cloud Gaming market in the MENA region is experiencing significant growth and development due to the preferences of customers for convenient and accessible gaming experiences, the emergence of local and regional cloud gaming platforms, partnerships with telecommunications companies, the large population of young gamers, the vibrant gaming culture, and the underlying macroeconomic factors of economic development and government support. These factors combined create a promising outlook for the future of cloud gaming in the MENA region.
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights