I can’t see streaming games being anything other than a niche market. It puts the burden onto the streamer, in order to be competitive they look after constantly be upgrading their offering, they will have to have multiple server centres around the world, they will always be beholden to crappy ISPs who just don’t upgrade their infrastructure.

With local hardware you shortcut all of that, upgrading of your hardware is done by the user so they’re not going to complain if it’s out of date, you don’t have to have any server centres, and the ISP issues either don’t matter for single player games that were massively reduced for multiplayer games, now they don’t actually have to send video over the connection. .