South Korea Cloud Gaming Market Size & Outlook, 2024-2030
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South Korea cloud gaming market highlights
- The South Korea cloud gaming market generated a revenue of USD 105.0 million in 2023 and is expected to reach USD 1,503.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 46.3% from 2024 to 2030.
- In terms of segment, video streaming was the largest revenue generating type in 2023.
- File Streaming is the most lucrative type segment registering the fastest growth during the forecast period.
Cloud gaming market data book summary
| Market revenue in 2023 | USD 105.0 million |
| Market revenue in 2030 | USD 1,503.7 million |
| Growth rate | 46.3% (CAGR from 2023 to 2030) |
| Largest segment | Video streaming |
| Fastest growing segment | File Streaming |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | File Streaming, Video Streaming |
| Key market players worldwide | Amazon.com Inc, Apple Inc, Electronic Arts Inc, Alphabet Inc Class C, Intel Corp, International Business Machines Corp, Microsoft Corp, NVIDIA Corp, Tencent Holdings Ltd, Sony Group Corp, Ubitus |
Other key industry trends
- In terms of revenue, South Korea accounted for 6.9% of the global cloud gaming market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cloud gaming market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,317.3 million by 2030.
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Cloud Gaming Market Scope
Cloud Gaming Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ubitus | View profile | 501-1000 | Tokyo, Tokyo, Japan, Asia | https://ubitus.net/ |
| Sony Group Corp | View profile | 113000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | https://www.sony.com |
| Tencent Holdings Ltd | View profile | 104787 | No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, China, People's Republic of, 518054 | http://www.tencent.com |
| NVIDIA Corp | View profile | 29600 | 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 | https://www.nvidia.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
| Alphabet Inc Class C | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Electronic Arts Inc | View profile | 13400 | 209 Redwood Shores Parkway, Redwood City, CA, United States, 94065 | https://www.ea.com |
| Apple Inc | View profile | 161000 | One Apple Park Way, Cupertino, CA, United States, 95014 | https://www.apple.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
South Korea cloud gaming market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cloud gaming market will help companies and investors design strategic landscapes.
Video streaming was the largest segment with a revenue share of 54.95% in 2024. Horizon Databook has segmented the South Korea cloud gaming market based on file streaming, video streaming covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea cloud gaming market databook
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Our clientele includes a mix of cloud gaming market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea cloud gaming market , including forecasts for subscribers. This country databook contains high-level insights into South Korea cloud gaming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea cloud gaming market size, by type, 2018-2030 (US$M)
South Korea Cloud Gaming Market Outlook Share, 2024 & 2030 (US$M)
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