AR/VR technology

The global game development software market is expected to grow by USD 62.8 million by 2028, with a projected CAGR of approximately 5.42%. The surge in demand for PC games and gaming consoles, as well as the rising popularity of AR/VR games, are key drivers for market growth. The availability of open-source game development software presents a challenge for the market. Key players in the market include Adobe Inc., Amazon.com Inc., and Microsoft Corp. The integration of AR/VR technology in gaming and the use of tools like Unity and Unreal Engine are fueling market growth.