Cloud gaming forecasted to generate $6.5 bn in 2024 – Newzoo

Originally published on GamesIndustry.biz by Jeffrey Rousseau

An estimated 60.7 million paid users to utilized cloud services by the same year

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Market intelligence firm Newzoo released a new study today reporting that the cloud gaming market should generate $6.5 billion in 2024 globally.

The figure represents an estimated upward trend that the firm has reported since 2018.

Newzoo attributes this expected growth in cloud gaming for a number of reasons: new services are emerging as current ones continue to expand and more publishers are using the system while releasing new titles.

Also as technology progresses to create a better user experience, COVID-19 is still creating challenges, and it

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