Amazon working on game streaming service - report

Business | Technology 1/10/2019, 8:16 PM
Amazon working on game streaming service - report

Amazon.com Inc. is developing a new service that will allow customers to stream video games on the Internet, the Information reported on Thursday, citing sources with knowledge on the matter. According to the article, the company plans on launching the new service by next year at the earliest and has already begun reaching out to game publishers.

The tech firm's decision to enter this area of the business signifies the importance of this new emerging trend in the gaming industry since online streaming would do away with the need for expensive consoles currently being used to run video games. Amazon will join Microsoft and Google in the new competing market.

Amazon Web Services is currently a market leader in the cloud business with a 32% share in the market. Microsoft comes second with its 17% share, followed by Google's 8%.

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