India has become a popular destination for game development companies around the world, thanks to its large pool of talented developers and its growing economy. In this article, we will explore the Unreal Engine game development industry in India, including its current state, key players, and future prospects.
Introduction:
India has become a popular destination for game development companies around the world, thanks to its large pool of talented developers and its growing economy. In this article, we will explore the Unreal Engine game development industry in India, including its current state, key players, and future prospects.
Current State of Unreal Engine Game Development Industry in India:
According to a recent report by MarketsandMarkets, the Indian gaming market is expected to grow from USD 3.7 billion in 2021 to USD 42.9 billion by 2026, at a CAGR of 25.5% during the forecast period. The growth of this market can be attributed to the increasing demand for mobile gaming and eSports, as well as the government’s support for the gaming industry.
Key Players in Unreal Engine Game Development Industry in India:
There are several key players in the Unreal Engine game development industry in India, including Epic Games, Tencent, and DICE. These companies have established a strong presence in the Indian market and are investing heavily in game development initiatives.
Epic Games, the creators of Unreal Engine, has a significant presence in India, with several studios working on games using this technology. Tencent, one of the world’s largest gaming companies, also has a presence in India through its subsidiary, TiMi Studios, which is developing popular mobile games such as PUBG Mobile and Call of Duty: Mobile.
DICE, the Swedish game development company behind popular franchises such as Battlefield and FIFA, has also established a presence in India, with several studios working on games using its technology.
Future Prospects of Unreal Engine Game Development Industry in India:
The future prospects for the Unreal Engine game development industry in India are promising, thanks to the growing gaming market and the government’s support for the industry. The Indian government has launched several initiatives to promote game development, including setting up a dedicated fund to support game startups and establishing a national gaming policy.
In addition, the increasing adoption of 5G technology is expected to boost the growth of the gaming industry in India, as it will enable faster and more reliable internet connections, enabling gamers to play games with lower latency and higher quality graphics.
Conclusion:
The Unreal Engine game development industry in India is rapidly growing, thanks to the country’s large pool of talented developers and its supportive government policies. With several key players established in the market, the future prospects for this industry are promising, and it is likely that we will see further growth and innovation in the years come.