Gaming Companies in Hyderabad

latest updates
read more
7

THE FUTURE OF GAMING SOFTWARE DEVELOPMENT

The exponential growth in the Gaming Companies in Hyderabad can be attributed to the trending technologies and the outburst of reality platforms.

The huge demand for gaming software has attracted many technology based companies to pursue exclusive development and innovation of gaming software.

With the rise in video streaming user base the need for game design software is also increasing worldwide. Hate to bring this up, but Covid 19 also helped increase the user base.

New technologies, features, tools, and trends hit the market on a regular basis.

Every game app development company is exhilarated to come out with platforms that engage and entertain customers with kick-ass next-generation games.

Despite all these developments, there are people who believe that the mobile games have matured beyond its capacity. Let’s study a few pointers before we fall for the nay sayers.

 

Gaming Software Market:

Innovations in the games technology can be attributed to the growing scenarios in the entertainment industry.The virtual and augmented games especially with VR headsets like HTC Vive, Google Daydream View, and Samsung Gear VR etc have seconded the demand.

The surge in the smartphone usage across the globe has helped the gaming industry to enter the hundred-billion-dollar club.

The Mobile gaming, AR & VR platforms, wearable games, location based games, 5G Internet, Cross-platform technologies are the key game changers that fuelled this growth.

Though online and mobile gaming contributes to the rapid growth of this sector, mainstream console and PC games still hold the lion’s share of contribution to the gaming software market.

According to the Goldstein Research Analyst Forecast, an expansion of CAGR of 4.7% is expected in the gaming studios in India during the forecast period 2016-2024.

 

Regional Market Analysis:

As per geography, the market of Game Development Companies has been concentrated in APAC and EMEA; In South American countries like Brazil, Argentina, and the rest of South America, Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa) and North America (United States, Canada, Mexico).

In 2018, North America had the lion’s share of the market followed by Asia-Pacific, thanks to the presence of key companies and technological advancement. China is a major force in the region, being the highly rapacious player in the market. A huge part of the revenue in the country is generated from the mobile gaming segment.

 

Key Vendors:

Some of the prominent vendors in the gaming market:

  • Amazon Web Services (United States)
  • Blender Foundation (The Netherlands)
  • GarageGames (United States)
  • Audiokinetic Inc. (Canada)
  • Epic Games (United States)
  • Playtech (Isle of Man)
  • Unity Technologies (United States)
  • Microsoft Corporation (United States)
  • ZeniMax Media (United States)

 

Market Dynamics:

Innovative concepts and new gaming platforms seem to be the game changers.

By the end of the year 2024, the VR gaming software is predicted to grow from the current hundreds of millions to a whooping USD 8 billion industry or even more.

Innovations like multiplayer-online-battle-arena and MMO (massively multiplayer online) will also contribute to the revenue.

 

The Game changer:

The key exponent in the global gaming software development companies has the rapid growth in the mobile gaming. In the year 2016, mobile gaming has contributed approximately USD 38.0 billion, a 40% share of the global gaming revenue.

Of this, more than 70% came from Smartphone gaming, while the rest from tablet games. The penetration percentage of internet connected Smartphone have added to the success of mobile gaming and spiked up the gaming software market.

 

Challenges & Risks:

The biggest threat to the game development software industry is the parallel gaming segment like cloud gaming, which discards the additional purchase of gaming software or downloads.

As cloud gaming is still in its nascent stage one needs to wait for a couple more years to see its actual threat to the gaming software.

Despite the presence of free game development software, web-based entertainment will boost the android game development company. Also, the rising demand from SMEs and other industry verticals add nutrition to the market growth.

Considering games like the Assassin’s Creed Unity or Assassin’s Creed Rogue, the future of game development looks very bleak. Unity was one of the most broken games ever with just a few graphics upgrade and really nothing on the story front. On the brighter side, if we consider games like the BioShock (series) or The Last of Us, where we see a fantastic mix of graphics, sound, story and replay value, the future looks very promising.

 

Bright Future ahead:

The biggest threat to the game development software industry is the parallel gaming segment like cloud gaming, which discards the additional purchase of gaming software or downloads.

As cloud gaming is still in its nascent stage one needs to wait for a couple more years to see its actual threat to the gaming software.

Despite the presence of free game development software, web-based entertainment will boost the android game development company. Also, the rising demand from SMEs and other industry verticals add nutrition to the market growth.

Considering games like the Assassin’s Creed Unity or Assassin’s Creed Rogue, the future of game development looks very bleak. Unity was one of the most broken games ever with just a few graphics upgrade and really nothing on the story front. On the brighter side, if we consider games like the BioShock (series) or The Last of Us, where we see a fantastic mix of graphics, sound, story and replay value, the future looks very promising.

Games serve as litmus-test-grounds for most of the upcoming technologies and trends. For instance, all AR,VR and AI based environments were first tested on Gaming platforms.

Except a few duds like the Vita from Play station, several other games and AI supported technologies swarmed the market. From studying the players’ individual behavior to providing better AI regulated NPCs, games are getting to the next level.

Game app development costs can also be put to control by reducing the manual assistance as and where necessary. Some gaming companies are even researching ways of making the machines think, learn and act in a way that can enhance the user experience.

Some other video game trends that can change the future of game development are:

  • Playing VR with friends
  • Collaborative games
  • Console updates
  • Specialized stores

To sum it up, the game developing software industry is only getting better by the day. As long as the human heart craves to play, the industry is here to stay.