UKIE: The British gaming market in 2023 grew by 4.4%
Game IP-based films, TV series & soundtracks are counted.
The total volume of the gaming market in the United Kingdom in 2023 amounted to £7.82 billion. This is 4.4% more than in 2022 (£7.49 billion).
£5.18 billion of this amount is attributed to content sales. This segment grew by 4.1% compared to the previous year.
Digital content sales on consoles increased by 5.6% to £2.48 billion; on mobile devices, the growth was 4.5% - reaching £1.52 billion; a similar percentage growth on PC (+4.5% YoY) - reaching £684 million. However, sales of physical game copies dropped by 5% - down to £495 million.
Gaming hardware sales in the UK in 2023 grew by 4.1% and amounted to £2.22 billion.
Console sales increased by 12% to £951 million; VR devices - by 11% to £194 million; console accessories - by 3% to £402 million. Sales of gaming PCs decreased by 11% to £673 million.
For the first time, UKIE accounts for TV Series; Films, and sountracks related to gaming IPs - the combined revenue of all transmedia products amounted to £418 million (there is a typo in the infographic).
Toy and merchandise sales grew by 3.8% - reaching £207 million; books and magazines - by 2.5% to £14.1 million. Gaming events saw a significant increase after lockdowns were lifted - they grew by 140% to £10.3 million. Movies, series, and musical works related to games earned £124 million. The streaming market slightly declined by 5% - down to £62.8 million.
❗️Without IP-based films, TV-series & soundtracks, the market growth might’ve been 2,8%.