Will the games market become totally saturated now?

I don’t think it will make one bit of difference, UDK and Unity have been around for ages. Just because UE4 is newer and shinier, it doesn’t mean people never had the tools to build games before. Making games is still very hard (or time consuming, depends on your train of thought), there will only be a small amount of people who survive the process to completion and even less that will get to the marketing phase and be successful.