Game Development Software Market, increase in demand for mobile gaming, evolving Opportunities with Audiokinetic Inc. and Autodesk Inc. - Technavio

NEW YORK, Aug. 1, 2022 — (PRNewswire) —  The Game Development Software Market size is expected to grow by USD 47.50 million. The market witnessed a CAGR of 5% during the forecast period. The report extensively covers  game development software market segmentation by component (game engine and audio engine) and geography (North America, APAC, Europe, South America, and MEA). 

The game development software market report also offers information on several market vendors, including Audiokinetic Inc., Autodesk Inc., Epic Games Inc., Microsoft Corp., NVIDIA Corp., Playtech Plc, Scirra Ltd., The Game Creators Ltd., Unity Technologies Inc., and ZeniMax Media Inc. among others. 

Read the 120-page report with TOC on "Game Development Software Market Analysis Report by Component, Deployment, and Geographic and the Segment Forecasts". Request Sample Report.

Major Five Game Development Software Companies:
  • Audiokinetic Inc.- The company offers Wwise Spatial Audio which is an interactive audio solution for games that consists of sound propagation, virtual acoustics, and spatially informed audio rendering.
  • Autodesk Inc.- the company offers creative project management software which simplifies creative project management and unifies visual effects, animation, and games teams of all sizes.
  • Epic Games Inc.- The company offers a suite that consists of integrated tools for game developers to design and build games, simulations, and visualizations.
  • Microsoft Corp.- The company offers platform-optimized runtime and toolset that dramatically increases the believability of game characters and environments through Havok software.
  • Playtech Plc- The company offers a suite that consists of an information management system and BI tools which are incorporated with front-end Portal technology and the Playtech Open Platform.

APAC will account for 43% of market growth. The two biggest markets in APAC for game development software are Japan and China. The market in APAC will expand more quickly than the industry in other regions. Over the forecast period, the expansion of the game development software market in APAC would be aided by the huge rise in mobile gaming and the high adoption of smartphones. Buy Sample Report.

The game engine category will significantly increase its market share. The boost in demand for mobile games and custom software development will influence new game creators and businesses to choose game engines, which will spur market expansion in the years to come. To take advantage of the expanding demand for gaming engines and expand their market share, vendors are providing solutions.

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Game Development Software Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2021-2025

$ 47.50 million

Market structure

Fragmented

YoY growth (%)

3.78

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 43%

Key consumer countries

US, Japan, China, UK, and Germany

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Audiokinetic Inc., Autodesk Inc., Epic Games Inc., Microsoft Corp., NVIDIA Corp., Playtech Plc, Scirra Ltd., The Game Creators Ltd., Unity Technologies Inc., and ZeniMax Media Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

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