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Technological Developments & Product Innovations Will Change the Face of the Global Cloud Gaming Market by 2019: TechnavioThanks to evolving technology and consistent product innovations, the Global Cloud Gaming Market is expected to grow at a CAGR of 23.36 percent from 2014-2019, says research firm Technavio. About the Report Market vendors are releasing products to cater to a wide variety of consumer needs, including exceptionally graphically advanced video games with highly realistic appearances, which enhance the user experience. "The advances and innovations in gaming provide consumers with an enriched gaming experience, thus leading to high growth of the Global Cloud Gaming Market," says Faisal Ghaus, Vice President of Technavio. The new Technavio report also emphasizes a recent shift in gamer demographics. The traditionally male-dominated field is seeing more participation from both women and children. This change in demographics has changed the marketing strategy of vendors and the overall USP of their products. "Gamers in the age group between 25 and 34 years are much more willing to pay for gaming applications as compared to the young gamers and spend heavily on micro transactions whe they play games on their mobile devices. This is leading to a shift towards freemium models and will certainly impact the market over the projected period," says Ghaus. Key Information Covered in the Report:
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