Market Share of Subscription-Based Gaming Industry
The gaming subscriptions market is fragmented with the presence of major players like Xbox (Game Pass), (Microsoft Corporation), PlayStation Now (Sony Corporation), Apple Arcade (Apple Inc.), Nintendo Switch Online (Nintendo Co. Ltd), and EA Play (Electronic Arts Inc.). Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- April 2024: Vodafone Idea announced a cloud gaming platform in collaboration with Paris-based CareGame, offering a selection of premium AAA games for subscribers. The service is being provided in a "try-n-buy" model with a free trial period, after which users have to pay a monthly subscription.
- October 2023: Sony bolstered its cloud gaming endeavors, offering PlayStation Plus subscribers the opportunity to stream renowned titles such as "Spider-Man: Miles Morales" and the highly-anticipated "Resident Evil 4" remake directly to their PlayStation 5 consoles in the weeks ahead. Additionally, the tech giant has hinted at the prospect of extending PS5 cloud gaming to various other devices, including smartphones, in the foreseeable future.
Subscription Based Gaming Market Leaders
-
Xbox (Game Pass) (Microsoft Corporation)
-
PlayStation Now (Sony Corporation)
-
Apple Arcade (Apple Inc.)
-
Nintendo Switch Online (Nintendo Co. Ltd)
-
EA Play (Electronic Arts Inc.)
*Disclaimer: Major Players sorted in no particular order
