Apple (AAPL) unveiled its new video game service, Apple Arcade, on March 25. The service will cover over 100 original games ranging from puzzle games to adventure games. The service will have a monthly subscription attached and will be available to users in more than 150 countries this fall.
However, the company didn’t disclose the price of the gaming service during the launch event.
Apple’s Arcade to compete with Google’s Stadia
Apple’s announcement of a video game subscription service follows Google’s (GOOGL) entry into the gaming space with its new cloud-based service called Stadia, which is set to launch this year. While Apple users can play Arcade video games on its portable and desktop devices, Stadia will allow its players to stream video games directly from the cloud. Stadia will also let players stream to any device using Google’s Chrome browser. Further, both Arcade and Stadia subscribers can start playing a game on another device after leaving the game on one device.
However, Apple has the upper hand in the gaming space compared to Stadia, as Arcade titles can also be played offline without an Internet connection. Apple will also continue to maintain player privacy.
The gaming industry is getting competitive. Many new players are entering the space, which might hurt the dominance of console makers such as Microsoft (MSFT), Nintendo, and Sony (SNE). Amazon’s (AMZN) Twitch is also a leading player in the live streaming video space. According to Statista, the value of the global video games market is expected to be worth $138.4 billion by 2021.