• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Canada
  • United Kingdom
  • Subscribe
  • facebook
  • instagram
  • RSS
  • RSMUS.com

The Real Economy Blog

Search

  • Economics
  • Technology
  • Consumer
  • Industrials
  • Finance
  • Real Estate
  • Health Care
  • Life Sciences
Home > Tech, Media and Telecom > CHART OF THE DAY: Gaming goes to the cloud

CHART OF THE DAY: Gaming goes to the cloud

Oct. 1, 2020 by Victor Kao

  • email
  • Twitter
  • Facebook
  • Linkedin

With Amazon’s recent announcement of its cloud gaming service, Luna, the race to the cloud is on in the gaming industry as consoles and digital downloads are destined to become a thing of the past. By 2024, the global cloud gaming user base is expected to reach 124.4 million, with an estimated global revenue of $14.93 billion – a nearly tenfold growth in as little as five years, according to Kagan, a media research division of S&P Global Market Intelligence.

Amazon is just the latest in a series of big players jumping into the market. Google launched Stadia in 2018, followed by Nvidia’s GeForce Now and Microsoft’s xCloud. As gigabit fiber connections and 5G infrastructure become mainstream, and as the industry consolidates, the category is poised for dramatic growth.

Source: Kagan, S&P Global Market Intelligence

  • email
  • Twitter
  • Facebook
  • Linkedin

Related posts

  • CHART OF THE DAY: Existing home sales surge

    Existing home sales surged in July by the most on record, increasing 24.7% from June to a 5.86 million annualized rate. The housing market has been booming as a result of low mortgage rates, which have been hovering…

  • CHART OF THE DAY: TSA throughput highlights consumer uncertainty

    As the dog days of summer near their end, traditional forms of data such as the Conference Board’s consumer confidence reading and Labor Department's weekly jobless claims are starting to show strain in the U.S. economic recovery. High-frequency,…

  • CHART OF THE DAY: Consumer confidence bounces back

    The Conference Board reported Tuesday that its consumer confidence index rose to 101.8 — a jump from 86.3 in August — and surpassed analysts’ forecasts of a slight increase.

Filed Under: Tech, Media and Telecom Tagged With: Amazon, cloud gaming, Luna

About Victor Kao

@victorkao4

Victor provides a unique blend of accounting, operations, and IT subject matter expertise, and leads a wide spectrum of projects including internal audit, Sarbanes-Oxley compliance, systems organization controls readiness and attestation, business process improvement, and information technology assessment services. Prior to joining RSM, Victor served in senior management roles in a variety of industries, including consumer products, food and beverage, technology, banking, and financial services. Currently, Victor’s core industry and subject matter expertise lies within technology.

Victor has substantial IT risk advisory experience leading and coordinating ERP software selections and implementations, IT general controls review, segregation of duties analysis, cybersecurity, and system and organization controls readiness and attestation. In 2018, Victor was selected as a senior analyst in RSM’s cutting edge Industry Eminence Program, which positions participants to understand, forecast and communicate economic, business and technology trends shaping the industries RSM serves. These senior analysts advise clients on conditions impacting middle market leaders.

Primary Sidebar

Other Regions

  • Canada
  • United Kingdom

Categories

  • Economics
  • Technology
  • Consumer Products
  • Industrials
  • Financial Services
  • Real Estate
  • Health Care
  • Life Sciences

Recent Technology articles

5 trends from defense technology companies’ Q3 earnings calls

Jan. 4, 2021

CHART OF THE DAY: December is anticipated to be the biggest on record for IPOs

Dec. 10, 2020

CHART OF THE DAY: Dealmaking in the cybersecurity sector continues its strong year

Nov. 25, 2020

RSMUS.com links

The Real Economy

Middle Market Business Index

MMBI Special Reports

Footer

  • Facebook
  • Instagram
  • RSS

About The Real Economy Blog

The Real Economy Blog from RSM US LLP was developed to provide timely economic insights about the middle market economy. It is offered as a complement to RSM’s macroeconomic thought leadership, including The Real Economy monthly publication and the proprietary RSM US Middle Market Business Index (MMBI).

© 2021 RSMUS.com | Privacy Policy | Cookie Policy

The Real Economy Blog
  • Economics
  • Technology
  • Consumer
  • Industrials
  • Finance
  • Real Estate
  • Health Care
  • Life Sciences