Games like Horizon Ring
Games like Horizon Ring include Kingdom Two Crowns, RimWorld, They Are Billions, Thronefall, and Kingdom: New Lands. We matched them by the tags players give Horizon Ring on Steam (Tower Defense, Strategy, Incremental, Base Building, and Minimalist): closest matches first, and among equally close ones the better-known games.

Kingdom Two Crowns
Shared: Tower Defense · Minimalist · Base Building

RimWorld
Shared: Strategy · Base Building · Survival

They Are Billions
Shared: Strategy · Base Building · Tower Defense

Thronefall
Shared: Tower Defense · Strategy · Minimalist

Kingdom: New Lands
Shared: Tower Defense · Base Building · Minimalist

DG2: Defense Grid 2
Shared: Tower Defense · Strategy · Base Building

Taur
Shared: Tower Defense · Strategy · Base Building

Plants vs. Zombies GOTY Edition
Shared: Tower Defense · Strategy · Singleplayer

XCOM: Enemy Unknown
Shared: Strategy · Tactical · Base Building

Creeper World 3: Arc Eternal
Shared: Tower Defense · Strategy · Base Building

The Riftbreaker
Shared: Tower Defense · Base Building · Survival

Oxygen Not Included
Shared: Base Building · Survival · Strategy

Minimalist Tower Defense
Shared: Tower Defense · Strategy · Minimalist

Bloons TD 6
Shared: Tower Defense · Strategy · Singleplayer

Outhold
Shared: Tower Defense · Incremental · Strategy

Rise to Ruins
Shared: Tower Defense · Strategy · Base Building

FTL: Faster Than Light
Shared: Strategy · Sci-fi · Singleplayer

Bee Island
Shared: Tower Defense · Strategy · Minimalist

Legion TD 2 - Multiplayer Tower Defense
Shared: Tower Defense · Strategy · Base Building

Rogue Tower
Shared: Tower Defense · Strategy · Minimalist

Going Medieval
Shared: Strategy · Base Building · Survival

Tower Dominion
Shared: Tower Defense · Strategy · Base Building

Dungeon Defenders
Shared: Tower Defense · Strategy · Survival

Defense Grid: The Awakening
Shared: Tower Defense · Strategy · Sci-fi