the market. For instance, according to Coherent Market Insights’ analysis, the global mobile
gaming industry generated revenue of US$ 55.8 billion in 2017 and is projected to reach US$ 107
billion by 2021. Moreover, increasing app store spending by consumers is expected to drive
growth of the game engines market. According to Coherent Market Insights’ analysis, user
expenditure on apps stores worldwide is expected to reach US$ 106 billion by 2018 and over US$
156 billion by 2022. Furthermore, improved infrastructure such as better broadband and Wi-Fi
connection, advanced graphics, and improved computing power at lower costs are some of the
factors expected to fuel growth of the global game engines market.
However, high cost of game engine software for vendors is expected to restrain growth of the
game engines market. Continuously changing preferences for new games by consumers and
rapid adoption of new technologies in gaming industry such as AR and VR are factors restraining
growth of the game engines market.
Developments in technologies such as Augmented Reality (AR) and Virtual Reality (VR) is
expected to positively impact growth of the global game engine market. Development in
gameplay sequences, 2D and 3D design tools, instant play mode for rapid editing, and iteration
and powerful animation systems is expected to boost the game engines market growth during
the forecast period.
Browse More About the Market Study @
https://www.coherentmarketinsights.com/ongoing-insight/game-engines-market-2382
Game Engines Market: Regional Insight
On the basis of region, game engines market is segmented into North America, Europe, Asia
Pacific, Latin America, Middle East, and Africa. Asia Pacific game engines market is projected to
account for the highest market share in 2017. China, Korea, India, and South East Asia are major
growth engines in Asia Pacific. According to Coherent Market Insights’ analysis, app downloads
are expected to increase by 45% to reach US$ 258.2 billion during 2019-2022, globally. Major
contribution for this growth is from economies such as China, India, Japan, Indonesia, and
Vietnam. According to Coherent Market insights’ analysis, China is the largest mobile app market
worldwide and accounts for around 40% of the global market in terms of value in 2018.
Key Players in the Global Game Engines Market
According to Harvard Business School, Unity Technologies held dominant position in the global
game engines market, with around 42-45% share of the global game engines market in 2017 by
value. Other prominent players in the market include, Chukong Technologies, Valve Corporation,
The Game Creators Ltd., Leadwerks Software, Epic Games, Inc., CRYTEK, YoYo Games Ltd,
Marmalade Game Studio Ltd., Idea Fabrik, PLC., SONY INDIA, Amazon.com, Inc., GameSalad Inc.,
Scirra Ltd, Corona Labs Inc., GarageGames.com, Silicon Studio Corp., Briar Wallace/Blender