
What you need to know
- Bloomberg Intelligence is a firm that that delivers analysis on a variety of industries to help investors.
- A recent report from the firm shared to us describes how the cloud gaming market (that Bloomberg describes as cloud streaming gaming or CSG) could expand to become a $40 billion industry in the next ten years.
- Bloomberg cites markets like India leading the way. Coupled with the roll out of more powerful internet options, traditional console gaming plays second fiddle to mobile play in the region.
- Bloomberg analysists describe how Xbox is poised to lead the way in the segment, but warn against strong competition from PlayStation and NVIDIA.