Newzoo expects cloud gaming to top $6 billion in 2026.
Newzoo expects cloud gaming to top $6 billion in 2024.
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Newzoo: Cloud gaming will reach 23.7M paying users and generate $1.6B in 2021

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

The global market for cloud gaming will hit 23.7 million paying users and $1.6 billion n revenues in 2021, according to a report by market researcher Newzoo.

The company forecasts the revenues will grow to $6.53 billion in 2024. By that time, it will be about 3% of the $200 billion global gaming market.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.