2023 might be right here earlier than you understand it, and the time to get forward of the curve is now.
We’re kicking off the 12 months with our grand return to the UK’s capital for our flagship convention, Pocket Gamer Connects London, and also you received’t wish to miss becoming a member of us for this subsequent iteration of the main cellular gaming {industry} convention in Europe. From January twenty third to twenty fourth, you’ll be a part of over 2,000 video games {industry} professionals at The Brewery in London for 2 days stuffed with networking, discovery, pitching and studying from over 200 of the world’s main authorities. This can be a prime alternative to take part in all of our industry-leading matchmaking occasions that put you in contact with dream enterprise contacts, unimaginable prizes and media protection alternatives, comparable to our Very Huge Indie Pitches, Investor Connector, Writer SpeedMatch and far, rather more.
Our London present is our longest-running and hottest, which implies that in case you’re trying to begin the 12 months off by connecting with new faces from throughout the globe at a extremely attended cellular gaming convention that may set the stage for limitless new contacts and enterprise alternatives, that is the place for you. Pocket Gamer Connects London 2023 will convey all new monitor themes and enterprise content material, designed to look into the longer term.
Now could be the proper time so that you can guide your ticket forward of time and reap the benefits of our restricted time Early Chicken low cost! You’ll be able to presently save as much as £350 in case you safe your spot on the convention as we speak, however the clock is ticking – be sure to head over to our web site and safe your ticket with large financial savings earlier than time runs out!
In the present day, we’re having a look on the state of the video games {industry} in each the UK and the European market as a complete. Carry on studying to search out out extra about what’s happening and what the projected way forward for the {industry} appears like!
The UK market at a look
The video games {industry} within the UK is a longtime market that’s reached a document valuation of £7.16 billion in 2021, rising by 1.90% from the peak of the pandemic numbers again in 2020 as reported by commerce physique, the Affiliation for U.Okay. Interactive Leisure (Ukie). For context, the pandemic boomed the market progress in 2020 in comparison with 2019, and as we speak, it’s up 32.8% in comparison with 2019, principally based mostly on wholesome {hardware} gross sales, which had a progress of 17.4% year-on-year and reached a formidable £2.66 billion. This market progress is unimaginable, as reaching a document excessive in market valuation after the peak of the pandemic isn’t any straightforward feat contemplating how many individuals turned to gaming whereas caught indoors – the booming progress seems to be right here to remain.
The one class of software program gross sales that didn’t decline previously 12 months was cellular video games, holding robust at a value of a whopping £1.46 billion and exhibiting immense promise for the longer term.
A distinction between 2020 and 2021 was a drop in shopper spending on the video games themselves, it decreased 6% in contrast with 2020 – that is attributed to the shortage of video games tailor-made to the most recent expertise, and there’s hope for a major enhance in video games gross sales figures with upcoming thrilling releases comparable to Elden Ring, Starfield and Harry Potter: Hogwarts Legacy. The one class of software program gross sales that didn’t decline previously 12 months was cellular video games, holding robust at a value of a whopping £1.46 billion and exhibiting immense promise for the longer term.
Ukie CEO Dr Jo Twist OBE reported that: “The U.Okay. shopper video games market has consolidated successfully following important progress through the COVID-19 pandemic. The U.Okay. is a nation that loves its video video games and we needs to be pleased with the constructive contribution this sector makes to the economic system, to our tradition and to wider society.”
Seeking to the longer term, the expansion is estimated to proceed! The market dimension is predicted to extend by 6.5% in 2022, and exhibits no indicators of slowing down any time quickly. The variety of digital video video games customers within the UK in 2021 was 44.54 million, and it’s anticipated to extend to just about 50 million inside the subsequent 5 years, a soar of 23.09%.
You’ll be able to dive deeper into the UK market on Ukie’s official web site.
The expansion within the European video games market
Looking on the European video video games market as a complete, the section is predicted to succeed in a whopping £19.59 billion in 2022 with an anticipated year-on-year progress charge of 5.74%. Inside the subsequent 5 years, the projected market quantity is predicted to succeed in £25.9 billion and the variety of customers is predicted to hit 345.7 million. The newest section within the European video video games market is cellular gaming, with a market quantity of £12.42 billion in 2022. The gross sales in Europe continue to grow considerably as properly, with over 76.1 million video video games bought in Europe within the first six months of 2022 (a 13.5% enhance from the identical interval final 12 months). Of those numbers, the nations with the largest contribution to the European gaming market have been Germany with virtually 15.4 million video games bought, the UK with 14.3 million and France with 10.2 million.
The newest section within the European video video games market is cellular gaming, with a market quantity of £12.42 billion in 2022.
In Europe, 50% of the inhabitants between the ages of 6 to 64 play video video games. There’s no one-size-fits-all definition of gamer in Europe, and it is a large level of alternative to faucet into various demographics. 47% of European online game gamers are ladies, with 32 years outdated being the common age of feminine gamers.
There’s current information concerning the members of Parliament voting to bolster funding within the European gaming {industry}, with a decision that calls on the European Fee and Council for a bigger funding within the European video games {industry}. That is an energetic effort to help the Esports and gaming sectors, together with builders, Esports initiatives and gamers themselves. In addition they requested the creation of a long-term plan to develop and retain gaming expertise. This comes after a pre-vote in March stating the market needs to be recognised for its progress and innovation potential. This decision has the potential to be a large level of progress and enlargement for the European video games {industry}, in addition to emphasising the worth that Europe recognises within the {industry}. As famous by Parliament member Laurence Farreng, “Gaming has change into an important a part of cultural life for half of Europeans. But, we nonetheless do not have an European imaginative and prescient for the {industry}.”
E book your ticket to London as we speak!
Pocket Gamer Connects London is our greatest occasion of the 12 months, and now could be the proper time to guide your ticket to hitch us this January. There is no such thing as a higher place to attach with different video games {industry} professionals and kick off your 2023 wanting in the direction of the way forward for the sport {industry} and constructing in the direction of your most affluent 12 months in enterprise but. Head over to our official convention web page as we speak and profit from our restricted time Early Chicken provide – it can save you as much as a whopping £350 in case you safe your spot at our present as we speak.
