According to an industry report, the revenue of China’s cloud gaming market is expected to grow at a compound annual rate of 135% from 2020 to 2023. The report also indicates that estimated revenue growth in China will be significantly higher than the global average.
It is being reported that the number of cloud gamers in China is expected to increase to 60.65 million this year. Furthermore, patent activity in the cloud gaming market increased by 81% from 2019 to 2020.
This report was jointly released by the Tencent research institute and Newzoo. Newzoo is best known as a global esports analytics provider.
(All information was provided by Shine)
0 comments on “Report: Cloud Gaming Expected To Grow Fast In China”