NEW YORK, Aug. 1, 2022 — (PRNewswire) —  The Game Development Software Market size is expected to grow by USD 47.50 million. The market witnessed a CAGR of 5% during the forecast period. The report extensively covers  game development software market segmentation by component (game engine and audio engine) and geography (North America, APAC, Europe, South America, and MEA). 

The game development software market report also offers information on several market vendors, including 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. among others. 

Read the 120-page report with TOC on "Game Development Software Market Analysis Report by Component, Deployment, and Geographic and the Segment Forecasts". Request Sample Report.

• Audiokinetic Inc.- The company offers Wwise Spatial Audio which is an interactive audio solution for games that consists of sound propagation, virtual acoustics, and spatially informed audio rendering.
• Autodesk Inc.- the company offers creative project management software which simplifies creative project management and unifies visual effects, animation, and games teams of all sizes.
• Epic Games Inc.- The company offers a suite that consists of integrated tools for game developers to design and build games, simulations, and visualizations.
• Microsoft Corp.- The company offers platform-optimized runtime and toolset that dramatically increases the believability of game characters and environments through Havok software.
• Playtech Plc- The company offers a suite that consists of an information management system and BI tools which are incorporated with front-end Portal technology and the Playtech Open Platform.

APAC will account for 43% of market growth. The two biggest markets in APAC for game development software are Japan and China. The market in APAC will expand more quickly than the industry in other regions. Over the forecast period, the expansion of the game development software market in APAC would be aided by the huge rise in mobile gaming and the high adoption of smartphones. Buy Sample Report.

The game engine category will significantly increase its market share. The boost in demand for mobile games and custom software development will influence new game creators and businesses to choose game engines, which will spur market expansion in the years to come. To take advantage of the expanding demand for gaming engines and expand their market share, vendors are providing solutions.

Technavio's sample reports contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.  Download sample report.

Artificial Intelligence (AI) in Construction Market by Solution and Geography - Forecast and Analysis 2022-2026 : The artificial intelligence (AI) in construction market share is expected to increase to USD 2.32 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 29.81%.

5-D Building Information Modeling Market by Type and Geography - Forecast and Analysis 2022-2026 : The 5-D building information modeling market share is expected to increase to USD 840.99 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 15.68%.