Optus and Pentanet Limited (ASX:5GG) announce a strategic partnership to deliver the NVIDIA GeForceNOW cloud gaming service to Optus customers.
According to latest research, the global Cloud Gaming Market size was valued at USD 1,592.40 Million in 2021 and it is expected to hit around USD 13,333.41 Million by 2028, growing at a compound annual growth rate (CAGR) of approximately 42.50% during the forecast period 2022 to 2028
Rather than requiring a powerful gaming console or computer, cloud gaming allows players to stream games to a variety of devices, such as laptops, tablets, smartphones, or smart TVs, with minimal hardware requirements.
The collaboration will provide Optus customers with the simplicity and flexibility of a cloud gaming experience, underpinned by the superior performance of the Optus 5G network and enhanced by innovative Optus Living Network features.
Pentanet and Optus will work towards a program that enables a superior experience for GeForce NOW users, with a specific focus on 5G and the GeForce NOW user management platform, CloudGG. The service will be available to Optus customers from the second half of 2023.
Through this agreement, GeForce NOW will be integrated into the Optus SubHub subscription management platform, enabling access for Optus’ customers in Australia.”
Matt Williams, Optus Managing Director of Marketing & Revenue said, “Our mission is to break down the barriers to gaming and offer our customers the freedom to play anywhere and anytime.
“Cloud gaming is an ideal example for 5G in the home and on the go, given the need for high speed, low latency connectivity, and we are excited that we will be able to offer that to our customers very soon.”
Stephen Cornish, Pentanet Managing Director said, “This is a big step towards solidifying our position in the gaming market, being the wholesale digital distribution channel for GeForce NOW in our territories.”
“I’m looking forward to working closely with Optus and putting this game changing platform into the hands of new users.”
Optus will deliver GeForce NOW cloud gaming to customers from the second half of 2023
