Online streaming trend is set to provide a massive boost to the growth of the global online gaming market over the next few years. In the current scenario, several upcoming players, professional gamers, and gaming celebrities are increasingly using streaming platforms such as Twitch and YouTube due to which, large audiences are tuning in to watch their favorite streamers and games – a win-win situation for both the streamer and the audience. As online gaming continues to become mainstream, the demand for gaming tutorials and play through videos has witnessed a notable surge.

Over the past few years, as the online gaming market continues to expand at a staggering pace, with it, online streaming platforms have garnered considerable traction.

Streaming Platforms Pull-in Large Audiences as Gaming Celebrities Gain Popularity is tipped to generate more revenue than the movie industry in the upcoming years out of which, the online gaming market is projected to have a considerable contribution. While the shift toward online gaming gained considerable momentum over the past decade, the advent of the novel COVID-19 pandemic is expected to provide a substantial boost to the online gaming market. The onset of these streaming platforms has played a key role in pulling in large audiences and boosting sponsorship deals with online broadcasters and individual streamers. The online gaming market has paved the way for an array of online streaming platforms such as Twitch and YouTube among others. The advent of novel technologies including virtual reality, cloud gaming, augmented reality, has played an imperative role in elevating the uptake of online games over the past few years and the trend is expected to continue over the forecast period.Īnother factor that is expected to boost the demand for online games is the rise of the competitive gaming industry.

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