UK video games market value dipped by 5.6% in 2022

The value of the UK video games market fell by 5.6% last year, according to trade body UKIE.

UKIE CEO Dr Jo Twist said: "We're pleased to see the UK video games consumer market has maintained its growth trajectory."She added: "Although we may have seen a natural levelling off following increased spending during the lockdown years, it's clear that the appetite for games and the surrounding culture in the UK is still strong."

Streaming and game video content fell by 4.8% in 2022 but this decline was expected following the pandemic boom period.Hogwarts: Legacy's release slipped to 2023, it has since broken sales records Figures released earlier this year by the Electronic Retailers Association compared gaming's economic impact in the UK with that of theThis latest report has a slightly broader remit, considering spending linked to the games industry - including things like merchandise, associated products like movies based on games, and PC hardware. This is why the overall figure of the games market's value to the UK economy is higher here than that reported by the ERA.

arsed

Maybe people were happy just to go outside and interact in ‘22. They all got bored of all the Animal Crossing they were playing during lockdown!

Ppl going outside ?

The 5.6% listened to Cobratate to stop wasting time on silly video games and be more useful instead

TL;DR Sony hardware was held back by the chip shortage. Xbox continues to release no games of any quality, lowering quality and IQ within the overall market. Saved yous a click innit.

You vote to impose economic sanctions on yourselves ONE TIME…

Not overly surprising, I suppose. Huge stock shortages, cost of living crisis and an increase in software and hardware prices (PS5) all have an impact.

GPUs are still not going down. We are walking away from Nvidia and amd

0 ho jani chahiye taki desh ke bhavishya kuch nya bane aur khoj kre india me to iska vikas kaam se kaam ho jyada shi

the uk is waiting on a new mario

Understandable after the huge highs during COVID. Now people can spend money on other things than having to stay home.

Everyone is skint doh

People are going outside, so this makes sense

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The value of the UK games market dipped to £7.05 billion in 2022 | VGCThe value of the UK games market fell 5.6% in 2022, although it was still 17% above pre-pandemic levels, according to trade body Ukie
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