Overview and Scope
A game engine is a software framework or platform created to simplify the design, development, and implementation of video games and interactive digital experiences. It functions as the fundamental technology that gives game developers access to a wide number of tools, libraries, and features that speed up game creation. The game engine is frequently utilized in a variety of applications, including animation and film production, interactive simulation, research, and data visualization.
Sizing and Forecast
The game engine market size has grown rapidly in recent years. It will grow from $3.15 billion in 2023 to $3.56 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to rise of video game industry, advancements in graphics processing, proliferation of multiplatform gaming, open-source game engine development, globalization of the gaming industry.
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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Segmentation & Regional Insights
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
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.
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Major Driver Impacting Market Growth
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.
Key Industry Players
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,
The game engine market report table of contents includes:
1. Executive Summary
2. Game Engine Market Characteristics
3. Game Engine Market Trends And Strategies
4. Game Engine Market – Macro Economic Scenario
5. Global Game Engine Market Size and Growth
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31. Game Engine Market Other Major And Innovative Companies
32. Global Game Engine Market Competitive Benchmarking
33. Global Game Engine Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Game Engine Market
35. Game Engine Market Future Outlook and Potential Analysis
36.Appendix
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