pills

Technology DECODED

Previous edition: 16 May 2024
Share article

Get the full version straight to your inbox.
Exclusive access to our best-in-class data & intelligence
Subscribe now

In data: Sony and Nvidia top cloud gaming hiring

Sony and Nvidia have topped recent cloud gaming hiring between 2019 and 2023 according to research and analysis company GlobalData.

In its 2024 thematic intelligence report into cloud gaming, GlobalData noted that the US had led the world in cloud gaming-related job postings. 

GlobalData’s job analytics data base showed that cloud gaming hiring had grown exponentially worldwide between Q3 2019 and Q4 2022 but did begin to experience some decline in 2023. 

In its report, GlobalData explained that this decline could be due to over-hiring during the COVID-19 Pandemic and factors like inflation. 

The number of cloud gaming-related jobs posted in 2023 was a third of the total jobs posted in 2022. 

Source: GlobalData

The majority of jobs posted between 2019 and 2022 were for mid and junior level roles. The most common job titles in postings were cloud software engineers, data engineers, data centre allocation managers and sales managers. 

Sony and Nvidia were the top hirers, closely followed by AMD, with both companies posting and closing over 200 jobs. 

Source: GlobalData

GlobalData noted that there was a considerable disparity between the US and other countries in hiring activity. 

Cloud gaming-related job postings nearly exceeded 1,400 in the US, the next biggest hirer China only recorded less than 200 job postings in the same period from July 2019 and December 2023. 

Looking ahead, GlobalData forecasts total cloud gaming revenues to exceed $22bn by 2030, achieving a CAGR of 33% over a seven-year period. 

While cloud gaming accounted for just 6% of the world’s gaming population in 2023, GlobalData predicts this will grow to 17% by 2030. 

In total, the world’s cloud gaming subscribers could exceed 687 million people in 2030. 

Latest news

Analysis: has OpenAI set a new industry standard in AI accessibility?

On Monday (13 May) OpenAI announced, during its Spring Update event, that ChatGPT would be made available as an app to download via the Google Play and Apple App Stores. A desktop version for Mac is also in the works and is due to be released, according to the company.

Interview: Victory League's Marcus Bläsche explains how the Third Wave of football is coming

Technology and cultural traditions have a tenous relationship at best. But as the social cohesion that ‘the beautiful game’ has created over the last hundred years is undermined by GenZ’s entertainment consumption habits, Victory league’s platform seeks to provide an alternative to what it coins Wave 1, consuming football through television and Wave 2, through social media.

The top five biggest AI deals of 2024, so far

As we enter the halfway point of 2024, AI has continued to see rapid adoption. From the advanced virtual assistants like Siri and Alexa found in our homes, to the technology's increasing usage in customer service and data management, its influence is ubiquitous.

Klarna says 90% of its workforce uses GenAI daily

Swedish buy-now-pay-later giant Klarna claimed that almost all of its employees are using GenAI as part of their daily work.

UAE's new Falcon AI model outperforms Meta’s Llama 3

The UAE’s Technology Innovation Institute (TII) has unveiled the next generation of its Falcon AI models which it claims outperforms Meta’s most recent Llama 3 model.

Cruise founder Kyle Vogt returns with household robotics company

Kyle Vogt, the founder of self-driving company Cruise, has co-founded a new venture backed robotics startup which focuses on household chores.

Network APIs gain traction but telcos risk being left behind with regulation and standardization challenges

2024 has finally seen Network APIs gain commercial traction. However, these are early days, and regulatory challenges and market dynamics mean that network APIs may not be the success that service providers are hoping for.

Find Out More

Newsletters in other sectors

Aerospace, Defence & Security

BAE wins DARPA contract for microelectronics heat removal
16 May 2024

Automotive

2024 future product report: Ford
16 May 2024

Banking & Payments

Sexism in the City Inquiry
16 May 2024

Explore our market-leading Intelligence Centers

Still looking?

Search companies, themes, reports, as well as actionable data & insights spanning 22 global industries

Explorer

Access more premium companies when you subscribe to Explorer