play_arrow

keyboard_arrow_right

skip_previous play_arrow skip_next
00:00 00:00
chevron_left
chevron_left
  • play_arrow

    North Derbyshire Radio

World News

UK spending on video games reached record amounts in 2021

todayMarch 31, 2022 5

Background
share close

UK spending on video games reached record amounts in 2021

People in the UK spent a record amount on video games in 2021 – beating the previous high set during the first lockdown of the Covid-19 pandemic, new figures show.

According to industry body Ukie and its UK Consumer Games Market Valuation, the games market grew 1.9% to £7.16 billion last year.

The growth was driven by console sales – which reached £1.13 billion – due in part to ongoing demand for the PlayStation 5 and Xbox Series S and X consoles, as well as the Nintendo Switch OLED edition which was launched last year, and virtual reality headsets.

Ukie said hardware sales of virtual reality headsets rose by 42% in 2021 to reach £183 million.

In contrast to increases in hardware sales, gaming software revenue dropped slightly compared to 2020, which Ukie suggested was due to a limited number of major gaming releases in 2021 compared to 2020 when a number of high-profile titles, including Animal Crossing New Horizons, were launched.

“The UK consumer games market has consolidated effectively following significant growth during the COVID-19 pandemic,” Ukie chief executive Jo Twist said.

“The UK is a nation that loves its video games and we should be proud of the positive contribution this sector makes to the economy, to our culture and to wider society.”

Published: 31/03/2022 by Radio NewsHub

Written by: NDR NEWS

Rate it

Previous post

World News

Tesco pledges to remove all peat from bedding plants by 2023

A UK supermarket chain has pledged to become the first to go peat-free on its British-grown bedding plants in order to reduce its carbon footprint. Tesco is to cut its use of the material by 95% across its UK bedding plants range from Monday. It has vowed to remove all peat from the range in 2023, with the residual peat in this year’s plants used by the retailer’s seedling suppliers […]

todayMarch 31, 2022 5


0%