[Startup News] The Rise of Cloud Gaming Platforms

SparkAmpLab Editorial Team
August 25, 2020

As we head into the 5G era, cloud gaming is definitely one of the big trends to follow in the gaming industry. Cloud gaming is an exciting concept in which the users can play their favorite games anywhere, anytime, and on any device without the requirement of high-end gaming systems. 

Big names like Microsoft, Google, Nvidia and Facebook are already eyeing to get a major share in the cloud gaming market, as they compete to get a head start in a scenario where discs, downloads and consoles are not required anymore.

Seeing the trend, startups like Gamestream are also looking to expand their horizons in the B2B market. Gamestream, a cloud-based gaming platform, provides comprehensive white-label cloud gaming services to B2B clients across several industries. 

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Image courtesy of Gamestream

While the cloud gaming revolution is great for the gamers, it has also opened new dimensions for sectors like hospitality, telecom, and TV manufacturing. With improvements in internet speeds and mobile connectivity, new companies and service providers offering B2B cloud gaming solutions have been catapulted into the market. 

The Paris-based company has already raised over $3.8 million in a funding round with investors including Eponyme Partners and 2CRSi, new investors in hotel owners Remo and Philipp Bienz, and telecom specialist Ronny Verhelst – who will also join the company’s board of directors.

With the investment, the company will be looking to double its workforce in the next two years, while opening a new branch in Taiwan. “With the launch of 5G and increasing popularity of cloud gaming, we believe that Gamerstream is all geared up to reach its growth objectives,” Marie De Lauzon, COO of 2CRSi, told Pocket Gamer.biz in a recent interview.

The gaming sector is incredibly huge, even bigger than the music and movies industry. Being a lucrative market, it’s currently worth over $150 billion across all verticals. Even though cloud gaming only forms a chunk of it – estimated around $356 million, it’s expected to reach $3 billion by 2023.

The idea of streaming Triple-A video games directly over the internet just seems astounding – , as it only requires a fast internet connection and a cloud gaming subscription. Yet, the entire process is incredibly simple, just like watching movies on Netflix.

Featuring all-inclusive cloud gaming infrastructure comprised of dedicated gaming servers, web APIs, streaming technology and turnkey multi-device solutions, Gamestream also boasts an extensive catalog of high-end games from the likes of Disney, Capcom, Codemasters, and more, available in full HD and 4K quality.

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