The game engine market size is expected to see rapid growth in the next few years. It will grow to $5.77 billion in 2028 at a compound annual growth rate (CAGR) of 12.8%. The growth in the forecast period can be attributed to ray tracing and real-time rendering, cloud gaming and streaming services, integration of artificial intelligence (ai), blockchain and nft integration, accessibility and inclusivity features. Major trends in the forecast period include collaboration and community building, cloud-based gaming, cross-platform development, virtual reality (vr) and augmented reality (ar) support, subscription-based models.
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Scope Of Game Engine Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Game Engine Market Overview
Market Drivers –
The growing demand for mobile devices is expected to propel the growth of the game engine market going forward. Mobile devices refer to portable electronic gadgets or tools designed for easy mobility and typically include built-in or wireless connectivity features for communication and access to information. Game engines play a crucial role in the development of mobile games and contribute significantly to the success and performance of these games on mobile devices. For instance, according to the International Data Corporation, a US-based provider of market intelligence and advisory services, the global shipments of used mobile devices, including officially reconditioned and pre-owned smartphones, are expected to reach 282.6 million units in 2022, marking an 11.5% increase from 253.4 million units in 2021. This growth is expected to continue, and IDC forecasts that used smartphone shipments will reach 413.3 million units in 2026 with a compound annual growth rate (CAGR) of 10.3% from 2021 to 2026. Therefore, the growing demand for mobile devices is driving the growth of the game engine market.
Market Trends –
Major companies operating in the game engine market are developing innovative technologies, such as community-driven sports AI game engines, to strengthen their position in the market. A community-driven sports AI game engine is a type of game engine specifically designed for creating sports-themed video games that incorporate artificial intelligence (AI) elements and is developed with significant input and contributions from a community of game developers, enthusiasts, and users. For instance, in August 2023, LootMogul, a US-based athlete-led sports technology platform, launched MogulX.ai for game developers. This platform allows users to create their own AI avatars, known as non-player characters (NPCs), and utilize LootMogul’s open AI architecture to create their own games. It is a community-driven sports AI game engine that allows athletes, fans, and game developers to collaborate and develop AI-driven sports games.
The game engine market covered in this report is segmented –
1) By Type: 3D Game Engines, 2.5D Game Engines, 2D Game Engines, Other Types
2) By Component: Solution, Services
3) By Platform: Mobile, Console, Computer, Other Platforms
4) By Genre: Action And Adventure, Multiplayer Online Battle Arena (MOBA), Real-time Strategy (RTS), Role-playing Games (RPG), Sandbox, Shooter (FPS And TPS), Simulation And Sports, Other Genres
5) By End-User: Game Development Studios, Independent Developers, Academic And Research Institutes, Other End-Users
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Regional Insights –
Asia-Pacific was the largest region in the game engine market in 2023. Middle East is expected to be the fastest-growing region in the forecast period. The regions covered in the game engine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the game engine market report are Amazon.com Inc., Epic Games Inc., Stride Inc., Unity Software Inc., Upwork Inc., QBurst, G2, Crytek GmbH, Hyperlink InfoSystem, Appinventiv Technology Pvt. Ltd., Belitsoft, The NineHertz, Algoworks Solutions Inc., Silicon Studio Crop, VironIT, Daffodil Software, Redwerk LLC, Dev Technosys, Solarus Thecnologies Inc., YoYo Games Ltd., Softeq Development Corporation, GameSalad, Scirra Ltd., Corona Labs Inc., Clickteam LLC, Stencyl, Delta Engine GmbH, Argentics, , ,
Table of Contents
1. Executive Summary
2. Game Engine Market Report Structure
3. Game Engine Market Trends And Strategies
4. Game Engine Market – Macro Economic Scenario
5. Game Engine Market Size And Growth
…..
27. Game Engine Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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