The turnover of computer games publishing in the UK has shown a significant increase from €803.7 million in 2013 to €1,210.0 million in 2023. While the sector faced some fluctuations, notable growth occurred in 2018, with a 44.33% increase. Over the last two years (2021-2023), the year-on-year variation remained moderate but positive at around 2.51%. The Compound Annual Growth Rate (CAGR) over the last five years is approximately 0.85%, highlighting steady growth.
Looking ahead, forecasted data from 2024-2028 suggest a continual rise, with a forecasted 5-year CAGR of 1.69%, indicating moderate but consistent growth. The overall projected growth rate over this period is 8.74%, accentuating a positive long-term trend.
Future trends to watch for include:
- Advancements in virtual reality and augmented reality gaming.
- The increasing popularity of subscription-based and cloud gaming services.
- Expansion into mobile gaming platforms driven by technological improvements and higher user adoption rates.