PUBLISHER: Polaris Market Research | PRODUCT CODE: 1346895
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1346895
The global game engines market size is expected to reach USD 11,615.51 million by 2032, according to a new study by Polaris Market Research. The report "Game Engines Market Share, Size, Trends, Industry Analysis Report, By Component (Solution, Services), By Type (2D Game Engine, 3D Game Engine, Others), By Platform, By Genre, By Region, And Segment Forecasts, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market for game engines is experiencing significant growth due to multiple factors. It includes rising demand for mobile games, the growing presence of virtual & augmented reality technologies, & surge in popularity of e-sports. Additionally, game engines are becoming more user-friendly and accessible, enabling developers of varying skill levels to create top-notch games and interactive experiences. The market is also witnessing the emergence of innovative game engines like Unreal Engine 5 and Amazon Lumberyard, which are anticipated to propel industry growth further. Furthermore, the adoption of game engines in diverse industries such as education, healthcare, and advertising is expected to fuel the market's rapid expansion throughout the forecast period.
The widespread use of smartphones and tablets has made gaming more accessible, leading to a surge in demand for games that can be played on the go. This trend has provided opportunities for platforms such as Unity and Unreal Engine to cater to developers seeking efficient tools and resources for creating high-quality mobile games. These game engines have capitalized on the mobile gaming trend by offering features and support that enable developers to develop mobile games quickly and effectively.
In addition to their core game development capabilities, game engines provide essential features that contribute to the success of online multiplayer gaming and eSports. These platforms offer real-time physics simulation and network optimization, enabling smooth and responsive gameplay experiences in online multiplayer matches. Moreover, game engines have expanded their functionalities to cater to the eSports industry. For instance, Unity has introduced Unity for eSports, a comprehensive suite of tools and services tailored to meet the unique requirements of eSports. With features such as match management, player profiles, and seamless integration with live streaming, organizers can effectively manage and broadcast eSports events.
Solutions segment held the majority market share in 2022, primarily due to development of high-quality games
Action & adventure games segment held the largest share, owing to its high popularity
APAC expected to grow at the fastest rate, owing to increasing numbers of gamers from the region
The global key market players include: Buildbox, Clickteam, Cocos, Crytek, GameSalad, Marmalade Technologies, Phaser, RPG Maker, Scirra Ltd, Stencyl, Stride, The Game Creators, Unity Software, Unreal Engine, and YoYo Games.
Polaris Market Research has segmented the game engines market report based on component, type, platform genre, and region: