On October 25th, ResearchandMarkets.com released a new study providing an analysis of the global video game engine market. This report showed that the industry was worth $2.77 billion last year. This year, that number is expected to jump to $2.99 billion. And, by 2028, the sector will be worth $6.68 billion.
“The growing popularity of virtual gaming in recent years has resulted in accelerated development of the game engine market,” the report reads. “The growing popularity of e-sports and the increasing number of gamers globally are expected to drive demand for the market globally. Also, the development of technologies such as Augmented Reality (AR) and Virtual Reality (VR) is the key driver of the gaming engine business.”
The 3D gaming segment is expected to hold the largest share of the global game engine market in 2028. On top of that, the APAC region is expected to have the maximum share of the global game engine market during this forecast period.
(All information was provided by GlobeNewswire and ResearchandMarkets.com)
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