Utomik, the cloud gaming subscription service, is set to shutter

Utomik, a cloud gaming service launched in 2022, is shutting down. This marks another significant event in the competitive cloud gaming market. A 2023 survey revealed that only 6% of gamers subscribe to cloud gaming services, highlighting the challenges faced by companies in this sector. While the future of cloud gaming is uncertain, Utomik's closure underscores the inherent risks.

Utomik's struggles differed from larger competitors like Nvidia, Xbox, and PlayStation, who possess extensive game libraries. Utomik's reliance on third-party titles placed it at a disadvantage. The integration of cloud gaming into established console ecosystems, exemplified by Xbox Cloud Gaming, further complicates the landscape. The increasing accessibility of mobile gaming also presents a significant alternative. For a look at the latest mobile game releases, check out our top five new mobile games list!