The video game consoles and electronic display games market in the UK is expected to see a gradual decline in per capita value from 2024 to 2028, decreasing from 14.27 to 13.13 Euros. This represents a yearly contraction with an approximate rate of 2% per year. Looking back, if the value stood at around 14.58 Euros in 2023, this decline underlines a consistent shrinking trend in consumer spending per capita on gaming displays in the UK over the forecast period. The compounded annual growth rate (CAGR) from 2024-2028 hints at a modest downward trajectory.
Future trends to watch include potential market revitalization through new gaming technologies, cloud gaming expansion, and increased penetration of virtual and augmented reality games. These innovations could shift consumer preferences towards newer models, possibly counterbalancing the current downward spending trend.
