Region:North America
Author(s):Rakib Das
Product Code:KROD189
Technological advancements have taken the global market to soar up to great heights and amidst that, US Game Streaming Market has covered great lengths, from crossing millions of followers in a very short period of time to be bought by Amazon, upgradation of technologies and increase its potential exponentially. With the broad in game advertisements revenue model generating revenue daily and professional streamers and influencers, game streaming market projects to rise even further by 2027.
The United States is currently holding its own rank in one of the most technologically advanced countries, having strong internet penetration, high end computers and data servers, connecting companies digitally. Through this well-built 5G infrastructure, game streaming market has flourished with a broader network than any other. With websites like YouTube Gaming, Facebook Gaming, Twitch Tv etc. streaming is made simple and easy as all the go to widgets and functionality are present in their own database which an individual can use whichever they feel like, increasing players’ engagement, and with exclusive partnerships and strong revenue model, US flourishes in game streaming till date.
By Device Type: Game streaming market has two types of revenue model; subscription model and in-game advertising model. Out of the 2, subscription model has benefitted users and creators from the start. People watching live stream often wants to keep seeing their favorite influencers and celebrities every day and genuinely support them. They pay for the subscription package, out of which full amount of the revenue goes to the streamer, making them fully aware of who is subscribing and how much are they giving to the streamer. The other is In-app Advertising. There are advertisements that generate revenue once viewed and mostly are in game. Once the video is opened, a small amount of payment is received by the game companies. With million and millions of players viewing the advertisements, huge amount of revenue is generated, for both the game developing companies and streaming companies.
By Platform Type: Game streaming market offers proactive solutions from two manners, namely Web based (Twitch, YouTube etc.) and App Based (Game Caster, OBS Studio, Xbox Game Caster etc.), which provide a long range of streaming through multiple standpoints. With proper fan base and followers, companies like Twitch, Facebook Gaming, are providing huge assistance in streaming. The Game streaming industry is projected to grow to ~$7800 Mn by 2028, with this number of applications and companies flourishing the streaming industry.
By Regional Split: The major areas covered for this game streaming market in US, are North America, Canada, Seattle, Orlando etc. with Maryland topping the other regions as “the most gaming obsessed state!”, with social networking groups, many gaming conventions, high internet penetration with 5G infrastructure everywhere and high-end computer ownerships. The presence of strong and trustable vendor’s (AfreecaTv Corp, Akamai Technologies Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., Bigo Technology etc.) penetration, makes the projected growth over the regions.
There are over 100 companies regulating game streaming, out of which Amazon.com Inc., Nvidida Corp, majorly regulates the game division and streaming, with enlarged libraries to store games to cloud services that allow players to play without having a high-end setup, allowing them to enjoy seamless stream. With Twitch removing its exclusive partnership in August 2022, resulting in enabling them to stream on other competitive players like Facebook Live, YouTube Gaming, etc. but only can be done one at a time. This makes sure that the company is not losing their precious streamers to other competitors and ensuring there stay here. Previously, on March 2022, Amazon mentioned that its cloud services known as Luna Cloud Services, has been made available to mainland citizens of United States. This cloud service is an enlarged one as this has a large library to store games and many other features, which encouraged 15% of the gaming communities to accept this technology. Now, a new initiative called the Prime Gaming Channel has been started which offers every Amazon Prime user’s exclusive content, additional content and many more, making the players engagement increase and encourage them to be at it more. It also offers a rotating cycle, where on a monthly basis, Prime users can get free games in random, which might have been costly on other sites. This ensures that players pay in order to continue their session. Even more games have been made accessible via the help of Retro and Jackbox Gaming Channel, which one has just to subscribe in order to get the content diversity.
The US Game Streaming market is expected to show an increase in growth, at a CAGR of ~7.5% between the years 2022 to 2027, with much more capable influencers incoming to make the infrastructure much more dominant.
US Game Streaming Market Segmentation |
|
By Device Type |
Browser (PC) Games Downloaded or Board PC Games Mobile Games Console Games |
By Platform Type |
Console Game Streaming PC Game Streaming Mobile Game Streaming |
By Region |
North South East West |
2.1 Taxonomy of the US Game Streaming Market
2.2 US Game Streaming Industry Value Chain
2.3 Ecosystem of US Game Streaming Market
2.4 Government Regulations/Initiatives for the US Game Streaming Market
2.5 Growth Drivers of the US Game Streaming Market
2.6 Issues and Challenges of the US Game Streaming Market
2.7 Impact of COVID-19 on the US Game Streaming Market
2.8 SWOT Analysis
4.1 By Device Type, 2017 - 2022
4.2 By Platform Type, 2017 – 2022
4.3 By Regional Split (East/West/South/North), 2017-2022
5.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
5.2 Strategies Adopted by Leading Players
5.3 Company Profiles – (Top 7 Major Players)
5.3.1 Twitch
5.3.2 YouTube Gaming
5.3.3 Facebook Gaming
5.3.4 Huya
5.3.5 NVIDIA GeForce NOW
5.3.6 Douyu
5.3.7 Steam
7.1 By Device type (App Based, Web Based), 2022 - 2027
7.2 By Platform type (Subscription based, In-app Advertisements), 2022 – 2027
7.3 By Regional Split (East/West/South/North), 2022-2027
Identifying the main bug hindering the streaming and providing with proper solution as soon as possible, making sure a seamless broadcasting occurs and a smooth upload and download is maintained.
With the growth of the key players, increased internet penetration and competitors, game streaming market is being built on the foundation of participants. With high end technologies going on in the current time, market is rising every day.
The budding market is soon to make its mark with the flourished technologies and due to increased participants sending revenue to the companies offers them a proper market growth.
Our researchers have broadly researched and put technological analysis to find out that the market will rise through population increase towards gaming and streaming, leading to a broader market expansion and presumably enter as one of the global market giants.
The US Game Streaming market grew at a cagr of 5% between 2017-2022 in terms of revenue and is forecasted to grow at a CAGR of 7.5% between 2022-2027.
Twitch, Steam, YouTube Gaming, Mixer, Restream and Facebook Gaming are the major players in US Game streaming Market.
Rise of Cloud Gaming, High-Speed Internet, Growth of Esports are the major factors in US game streaming market.
The in-game advertising is the most dominant segment by revenue stream in the US game streaming market in 2022. The rising interest in social media and mobile gaming is expected to drive the growth of the in-game advertising segment during the forecast period.
Increasing subscriber base of Platform for live streaming games is the key trend in the market.
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.