HG Insights + Intricately data shows that gaming companies’ annual cloud infrastructure spend has grown to $14 billion, up from $13.7 billion in 2020.
The global gaming market is expected to reach $200 billion in revenue by 2024.
North America is set to retain its spot as the top-grossing gaming market worldwide, with opportunities for cloud sellers to capitalize on growing markets like EMEA and APAC. Trends driving the gaming industry’s growth include cloud gaming, social gaming and broadcasting, and expansion in new global markets.