COVID-19 Impact and Recovery Analysis – Game Development Software Market 2020-2024 | Demand for PC Games and Gaming Consoles to Boost Growth

LONDON–(BUSINESS WIRE)–#GameDevelopmentSoftwareMarket–Technavio has been monitoring the game development software market and it is poised to grow by USD 53.53 million during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio’s latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Game Development Software Market. Download free sample report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Audiokinetic Inc., Autodesk Inc., Epic Games Inc., Microsoft Corp., NVIDIA Corp., Playtech Plc, Scirra Ltd., The Game Creators Ltd., Unity Technologies Inc., and ZeniMax Media Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Demand for PC games and gaming consoles has been instrumental in driving the growth of the market.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/game-development-software-market-industry-analysis

Game Development Software Market 2020-2024: Segmentation

Game Development Software Market is segmented as below:

Component
- Game Engine
- Audio Engine
Geography
- North America
- APAC
- Europe
- South America
- MEA

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Game Development Software Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The game development software market report covers the following areas:

Game Development Software Market Size
Game Development Software Market Trends
Game Development Software Market Analysis

This study identifies the growing popularity of AR/VR games as one of the prime reasons driving the game development software market growth during the next few years.

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Game Development Software Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist game development software market growth during the next five years
Estimation of the game development software market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the game development software market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of game development software market vendors

Table of Contents:

Executive Summary

Market Overview

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Component

Market segments
Comparison by Component placement
Game engine – Market size and forecast 2019-2024
Audio engine – Market size and forecast 2019-2024
Market opportunity by Component

Customer landscape

Overview

Geographic Landscape

Geographic segmentation
Geographic comparison
North America – Market size and forecast 2019-2024
APAC – Market size and forecast 2019-2024
Europe – Market size and forecast 2019-2024
South America – Market size and forecast 2019-2024
MEA – Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography

Drivers, Challenges, and Trends

Market drivers
Volume driver – Demand led growth
Volume driver – Supply led growth
Volume driver – External factors
Volume driver – Demand shift in adjacent markets
Price driver – Inflation
Price driver – Shift from lower to higher-priced units
Market challenges
Market trends

Vendor Landscape

Overview
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Audiokinetic Inc.
Autodesk Inc.
Epic Games, Inc.
Microsoft Corp.
NVIDIA Corp.
Playtech Plc
Scirra Ltd.
The Game Creators Ltd.
Unity Technologies Inc.
ZeniMax Media, Inc.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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