Over the past decade, the production value of computer games publishing in the UK has demonstrated significant fluctuations. Starting at 647.5 million Euros in 2013, it saw a substantial increase in 2014 but experienced a downturn in 2015. The industry witnessed periods of growth and contraction, with notable growth in 2017 and a surge in 2018. Despite a decline in 2020, the market rebounded in 2021 and continued to grow, reaching 1320 million Euros in 2023. The year-on-year growth for 2023 stood at 3.71%, with a compound annual growth rate (CAGR) of 2.57% over the past five years.
For future trends, industry growth is expected to continue. Forecasts predict a steady increase in production value, reaching 1570 million Euros by 2028. Key trends to watch for include advancements in gaming technology, increasing demand for high-quality content, and the growth of virtual reality and augmented reality in gaming. These factors are likely to contribute to a forecasted CAGR of 2.69% over the next five years, resulting in a forecasted growth rate of 14.17%.
