UK Video Game Market Grows 4.4% to £7.82 Billion in 2023
Increased sales in digital games and consoles drive market growth, despite challenges in physical sales and PC hardware.
- The UK video game and interactive entertainment sector experienced a 4.4% growth in 2023, reaching a market value of £7.82 billion.
- Digital game sales, particularly for consoles and mobile platforms, saw significant increases, while physical game sales continued to decline.
- Console sales, including PlayStation 5 and Nintendo Switch, performed strongly, contributing to the overall market growth.
- PC hardware sales declined by 11%, contrasting the growth seen in other areas of the market.
- UKIE highlights the resilience of the video game industry amid global challenges, with a continued focus on innovation and sustainability.