Epic Games Store: The Return of the Bad Players to Steam
The rise and fall of the Epic Games Store's popularity is a fascinating tale. After a surge in activity during its initial promotions, the platform has seen a significant decline in users, with many returning to the dominant platform, Steam. This shift highlights the challenges of establishing a loyal user base and the limitations of promotional offers in the long term.
The Initial Boom and the Return to Steam
Two former Epic employees claim that the store experienced a surge in active users during its free game promotions, followed by a rapid return to Steam. The multi-store model remains a burden, and free offers alone are not enough to foster long-term usage.
Despite this, Epic claims to have reached a record of 78 million monthly active users on PC. Meanwhile, Valve's Steam platform has seen a significant increase in simultaneous users, reaching 42.3 million on March 22, 2026, and currently boasting 37 million active users. This high level of recurring usage indicates a strong user base.
Commercial Challenges for Epic
Epic's spending on third-party games last year was approximately $400 million, significantly lower than the estimates attributed to Steam. Developers are earning less on the Epic Games Store compared to Steam, which may be a factor in the platform's struggle to retain users.
Steam's Dominance and User Engagement
Despite Epic's ongoing efforts to attract new users, the engagement dynamics favor Steam, which can aggregate a volume comparable to Epic's 78 million MAU in just two to three days. Steam's simultaneous user records show no significant decline, indicating a strong and loyal user base.
The Challenge of Cross-Platform Adoption
The fragmentation of libraries and social features continues to hinder cross-platform adoption. As long as Steam maintains its high levels of service and user engagement, the attrition rate post-promotion on the Epic Games Store will remain high, impacting third-party revenue and the attractiveness of its game catalog.
Conclusion: The Need for a Balanced Approach
Epic's focus on improving its product and ecosystem is crucial to creating a seamless multi-store experience and increasing perceived value beyond free games. Without additional features and relevant integrations, promotional peaks will continue to result in transient traffic rather than a loyal user base.
In the highly competitive gaming industry, finding a balance between innovation and stability is essential. While Epic strives to create a unique and appealing platform, it must also address the challenges of user retention and cross-platform compatibility to ensure its long-term success.