Wi-Fi 7 will be 2.4 times faster than existing Wi-Fi 6 standard and will also have lower latency, according to MediaTek. Recall that the maximum bandwidth of Wi-Fi 6 in multi-channel mode is 9.6 Gbps.
Cloud gaming primarily benefits from reduced latency. While many gamers have no bandwidth issues for 1080p gaming, latency remains an issue. Wi-Fi will be able to solve it.
It is not yet clear which device will be the first to receive support for the new standard.