Yes. I also think there is still a place for traditional gaming. But as I already wrote: If yo do not have internet or if you are away from home then you can use mobile gaming. Dont underestimate it, these small gaming devices will get more powerful every year.
You can use a game console, able to stream and to run local games (like a hybrid system).

The point is: As you can see right now - publishers more and more develop for consoles and not publish on pc or release it much later. The reason is piracy. And if they will publish more for the streaming services then it will automatically win and it will be the future.

Local gaming devices will be smaller, mobile or aimed towards casual gamers, kids, fun (like the Wii).

If the streaming fee is just like a subscription to WOW then it will win anyway, you dont need expensive hardware and you have only little gaming fees.

At the end you will realize gaming like TV today. You pay your monthly fee, you have a selection of gaming channels and you play as much as you want.
Maybe there are channels for Sci-Fi, Fantasy, Family and mixed channels. Some are payed by advertising and might even be free.
It will be very professional, big publishers or distributors will sell or lend games to the channel providers. And indie developers will have to offer to small channels or some old pc gamers, some 60 years pensioner disliking the new world order wink

You can see it like watching TV / DVD today. You can pay for the TV channel and hope that the movie (game) appears there. But you also have the option to go for the DVD to own this master piece, given you have the right hardware (DVD-Player / game-console, PC).
But most people will just wait that it appears in their channel. They are paying it anyway and will play the game only once ore maybe twice. And if they really, really like it, then there is still the chance to buy a license for it.

And there will be an exclusive channel, something like a cinema theatre today. This channel releases brand new games, it will be much more expensive. You will not pay per month, you will pay per gaming hour. So this is only an option for games, you really like. Otherwise you wait until they appear to your subscription channel later.

Because of the huge amount of games available and given the limited time of the gamers, you will play only best of the best. High quality will be necessary. Game production will be very expensive.

This will happen, for sure.

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