Game Engines Market: We re Entering an Era! marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.
3 months ago
ResearchAndMarkets.com’s offering.
Increasing demand witnessed by the gaming industry during lockdowns, rising demand from industries like BFSI, Automotive, and Retail, and proliferation of mobile gaming are expected to drive market growth.
The growing trend of AR/VR and high demand for game engines for gamification applications across various industries.
The Global Game Engine Market size was USD 2.18 billion in 2019 and is forecast to garner USD 5.96 billion in annual remunerations, delivering a CAGR of 13.63% through 2027.
A game engine is a software used to create and develop games for personal computers, mobile phones, consoles, and other gadgets. For planning and coding games, 2D- or 3D-based game engine software are leveraged. They are experiencing high demand for gamification applications across various industries, wherein they are used for gamification.