Cloud Gaming - Switzerland | Statista Market Forecast

In Switzerland, revenue in the Cloud Gaming market market is projected to reach US$85.57m in 2024.
Revenue is expected to demonstrate an annual growth rate (CAGR 2024-2029) of 30.19%, resulting in a projected market volume of US$320.00m by 2029.
Within the Cloud Gaming market market in Switzerland, the number of readers is expected to amount to 4.3m users by 2029.
User penetration will be 38.1% in 2024 and is anticipated to increase to 46.7% by 2029.
The average revenue per user (ARPU) in Switzerland is expected to amount to US$25.37.
In a global context, the majority of revenue will be generated the United States, with an estimated figure of US$1.94bn in 2024.
Switzerland's cloud gaming market is experiencing a surge in interest, driven by increasing demand for immersive digital entertainment among its tech-savvy population.

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

Switzerland, known for its stunning landscapes and high-quality chocolate, is also making a name for itself in the Cloud Gaming market.

Customer preferences: Swiss consumers have shown a growing interest in Cloud Gaming, drawn to its convenience and flexibility. With the rise of mobile gaming and the increasing popularity of multiplayer online games, players in Switzerland are seeking ways to access their favorite games anytime, anywhere. Cloud Gaming provides a solution by allowing users to stream games directly to their devices, eliminating the need for expensive gaming consoles or high-performance computers. This appeals to tech-savvy Swiss consumers who value convenience and the ability to play games on the go.

Trends in the market: One of the key trends in the Cloud Gaming market in Switzerland is the increasing adoption of subscription-based gaming services. Companies like Google and Nvidia have entered the Swiss market with their respective cloud gaming platforms, Stadia and GeForce Now. These platforms offer subscription plans that give users access to a library of games for a monthly fee. This model has gained traction in Switzerland as it provides gamers with a wide range of games to choose from without the need to purchase individual titles. Additionally, the subscription model often includes other benefits such as exclusive discounts and early access to new releases, further incentivizing users to subscribe. Another trend in the Swiss Cloud Gaming market is the integration of cloud gaming services with existing gaming platforms. Major gaming companies, such as Sony and Microsoft, have recognized the potential of Cloud Gaming and have started offering their own cloud gaming services. This integration allows players to seamlessly switch between traditional gaming and cloud gaming, giving them more options and flexibility in their gaming experience. It also enables players to access their game progress and achievements across different devices, enhancing the overall gaming experience.

Local special circumstances: Switzerland boasts a highly developed and reliable internet infrastructure, making it an ideal market for Cloud Gaming. The country's high internet penetration rate and fast internet speeds ensure smooth and uninterrupted gameplay for users. This favorable infrastructure, coupled with the tech-savvy nature of Swiss consumers, creates a conducive environment for the growth of the Cloud Gaming market.

Underlying macroeconomic factors: The Cloud Gaming market in Switzerland is also influenced by broader macroeconomic factors. The country has a strong economy and a high standard of living, allowing consumers to afford the necessary devices and internet connections for Cloud Gaming. Additionally, Switzerland has a well-established gaming industry, with several successful game development studios and a supportive ecosystem for gaming startups. This vibrant gaming culture contributes to the demand for Cloud Gaming services and fosters innovation in the market. In conclusion, the Cloud Gaming market in Switzerland is thriving due to customer preferences for convenience and flexibility, the adoption of subscription-based gaming services, integration with existing gaming platforms, a reliable internet infrastructure, and the country's strong economy and gaming industry. As the market continues to evolve, we can expect to see further growth and innovation in the Cloud Gaming space in Switzerland.

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.

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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.