Pandemic drives UK games market to record £7bn year

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AHE
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Pandemic drives UK games market to record £7bn year

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The research shows that spending on video games software, hardware and other related products grew by 29.9% over the past year.

The bulk of the £7 billion can be attributed to software sales, which accounted for £4.55 billion, up 18% year-on-year.

Unsurprisingly, given the long-running closure of non-essential retail, digital represented the majority of spending on games -- £3.9 billion versus £689 million on boxed games.
https://www.gamesindustry.biz/articles/ ... d-7bn-year
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UK Games Industry Market Valuation 2020

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Senior Client Director at Gfk, Dorian Bloch, explains: “The 2020 big winner by format was Nintendo Switch. During the initial Covid lockdown period, we saw massive growth from Switch software sales, up 215% over the equivalent 13 weeks of 2019. Xbox One and PS4 also enjoyed uplifts and of course, at the tail end of 2020 we saw the introduction of PS5 and Xbox Series consoles, whose effect will be significant for 2021 and beyond.”

For the first time in 2020, Ukie's market valuation provides a breakdown of digital software revenues across digital PC, console and mobile devices, thanks to Omdia's market insight. With the largest share of digital sales, digital console revenues increased +24.2% to £1.7bn in 2020, exceeding digital PC revenues by more than double, despite growth of +14.8% in digital PC software to £669m. The smallest screen also proved a welcome distraction, with mobile revenues up +21.3% to £1.5bn.
https://ukie.org.uk/news/uk-games-indus ... ation-2020
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