Entertainment Retailers Association

UK Video Games Market: Annual Report 2023

The 2023 UK video games market demonstrated resilient growth, with total revenue reaching £4.73 billion, a 2.9% increase over the previous year.

• The UK video games market grew 2.9% in 2023 to reach a total revenue of £4.73 billion.
• Digital revenue rose 3.8% to £4.24 billion, while physical sales declined 4.4% to £495 million.
• Hardware spending increased by 10.8% to £934 million, largely driven by the PlayStation 5, which saw unit sales jump 55.2% to 1.2 million.