Game engine is a software used to create video games and further develop them. Game engine software is used by developers to create games for mobile devices, personal computers, and consoles. Game developers use 2D or 3D based game engine software to plan and code the game quickly and easily. The vital function of the game engine include collision detection, physics engine, scripting, sound, animation, artificial intelligence, and memory management. Of late, most game engines are built on higher level languages such as Java and C.NET, Python, or Lua Script. Most 3D games are now GPU-limited, which nullifies the possible slowdown because of translation overheads, while the developers get benefit in terms of improved productivity and reduced time of coding. This trend of game engine is driven by companies such as Microsoft to gain a technological lead over other companies. Microsoft uses game engine for Xbox (Video gaming brand of Microsoft). It has developed XNA as a software development kit for its all the video games on Xbox. Unity 4, CryENGINE 3, HeroEngine, App Game Kit, Gamebryo, Havok Vision Engine, and Infernal Engine are some of the best rated game engines currently used in the market.
There are various factors driving the growth of the game engine market. One of the driving factor is the hassle free operation or the ease of operation provided by the software to the developer. In addition, the rising demand for different gaming applications by end users is also driving the growth of the game engine market, as demand will encourage the vendors to develop more advanced software. Furthermore, increase in mobile and PC gaming preference by customers drives the growth of the game engine market providing vendors ready customer base to cater. Improved infrastructure, integration of game development and publishing businesses, and improved computing power at lower costs are some of the factors driving the growth of the game engine market. The end user can experience high speed with advanced graphics due to these driving factors.
Improved infrastructure in terms of better broadband and Wi-Fi connection globally enables the user to use improved bandwidth, online gaming, network based multiplayer gaming, and social gaming. However, high cost of software for vendors is a restraining factor of the game engine market. Ever changing demand of customers and rapidly changing technologies is another concern for this market. Vendors invest huge capital in research and development for the software of game engines, change in demand over short period of time hampers the growth of the global game engine market.
The game engine market is segmented on the basis of type, application, and geographic regions. On the basis of type, the game engine market is segmented into 2D game engines, 3D game engines, and 2.5D game engines. By application, the market is segmented into mobile games, PC games, TV games and other games. In terms of region, the market is distributed over North America, Europe, Asia Pacific, South America, and Middle East & Africa. Asia Pacific is expected to dominate the game engine market due to high technological advancements and a large existing customer base present in the countries of this region.
Key players in the global game engine market include Unity Technologies, Chukong Tech, Epic Games, Crytek, Valve Corporation, The Game Creators, YoYo Games, Marmalade Tech, Sony, Leadwerks Software, Amazon, GameSalad, Scirra, Corona Labs, Garage Games, Silicon Studio Corp, Briar Wallace/Blender Foundation and others. In order to have competitive advantage in the market, these players are vigorously involved in organic and inorganic growth strategies. Partnerships, collaborations, agreements, and new product launches are some of the vital strategies followed by them.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.