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LONDON--(BUSINESS WIRE)--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. Please Request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

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.

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

Game Development Software Market 2020-2024: Segmentation

Game Development Software Market is segmented as below:

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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. Our game development software market report covers the following areas:

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.

Game Development Software Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the game development software market, including some of the vendors such as 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. Backed with competitive intelligence and benchmarking, our research reports on the game development software market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Game Development Software Market 2020-2024: Key Highlights

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Component

Customer Landscape

Geographic Landscape

Drivers, Challenges, and Trends

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses 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, Technavios 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 Technavios 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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COVID-19 Impacts: Game Development Software Market Will Accelerate at a CAGR of over 4% Through 2020-2024 | Demand for PC Games and Gaming Consoles to...