Game API Market Revenue, Growth, Current Trends, Future Growth Study and Strategic Assessment | COVID-19 Effects

Posted 2 years ago in TECHNOLOGY.

Game API Market, By Type (Identity Management, Voice/Speech, Maps & Location, Others), By Operating System (Windows, IoS, Android, Others) - Forecast 2027

Game API Market  Revenue, Growth, Current Trends, Future Growth Study and Strategic Assessment | COVID-19 Effects

Market Synopsis:

According to Market Research Future (MRFR)’s latest analysis, the global game API market has been projected to expand at a CAGR of 6% during the forecast period 2017 to 2023. The valuation of the market is expected to reach USD 2.2 Bn by the end of 2023. The growth trajectory of the market is dictated by the advancements in the gaming technologies brought by the key players. Personalized user experience is the key area of focus for the key players. Investments are likely to flow towards the innovation of enhanced experience for the gamers. This, in turn, is expected to revolutionize the Game API Market Trends over the next couple of years.
The major drivers of the game API market growth include the use of microarchitecture design, development of compact and comfortable API gaming software, and the rising demand for novel technologies. These factors are projected top catapult the market on an upward trajectory. Furthermore, the rise in disposable income is likely to boost the demand for advanced gaming technologies. It is forecasted to favor the expansion of the game API market. However, factors such as limitations of hardware and software in virtual reality devices, lack of awareness about technology and compatibility problems are expected to hold the market growth in the forthcoming years.

Market Segmentation:

This report offers an exhaustive segmental analysis of the game API market based on type and operating system.

By type, the global game API market has been segmented into

  • identity management
  • voice/speech
  • maps & location

By operating systems, the game API market has been segmented into

  • windows
  • iOS
  • Android

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Regional Analysis:

The global game API market, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is a major regional market for game API. The early adoption of novel technologies into the gaming industry is the primary factor responsible for driving the growth of the market. It is likely to exhibit a similar trend over the next couple of years. Furthermore, factors such as adoption of micro service architecture as well as the implementation of the latest application development methodology are projected to dictate the expansion of the game API market in the region over the assessment period.

Asia Pacific resonates strong opportunities for growth presently and is expected to expand at a rapid pace in the foreseeable future. An upsurge in demand for game API is predicted, thus, the market is likely to augment over 2023. Fast-developing economies of the region such as China and India are prognosticated to catalyze the expansion of the game API market in the forthcoming years. These countries are expected to emerge as promising country-level markets towards the end of the projection period.

Industry News:

In March 2018, Amazon, an American electronic commerce and cloud computing company, has announced the launch of game competition platform, GameOn. It is based on flexible APIs that runs on AWS cloud infrastructure.

In March 2018, Google, an American multinational technology company, has implemented an API for allowing the game developers to build games with the help of data from Google Maps.

In August 2018, Supercell, a Finnish mobile game development company, has introduced an official API for the tower rush game, two years after the launch of ClashRoyale. The company has promised ClashRoyale API for near real-time access to game data.

In November 2018, Motorbunny, a motorized ride-on-top vibrator with dedicated and internet control app now features the first of its kind of API that allows developers to hack, tweak, and program their Motorbunny

Competitive Landscape:

Some of the key players profiled in the report are NetEnt (Sweden), Neteller (England), Matrix Games (England), Microsoft Corporation (U.S.), Cake Network (Netherland), Google (U.S.), Amazon.Com, Inc. (U.S.), CA Technologies (U.S.), Apigee Corp. (U.S.), and Tibco Software Inc. (U.S.).

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Game API Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030

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