Value of the entertainment and media market in the UK 2020-2024

Between 2020 and 2024, the entertainment and media market in the United Kingdom (UK) is expected to growth with at a 2.83 percent compound annual growth rate (CAGR), to reach nearly 80 billion British pounds. In 2020, the sector's value was estimated at 71.4 billion pounds. In 2019, consumer spending on entertainment retail amounted to roughly 7.8 billion British pounds.

Physical video retail in the UK

Overall consumer spending on video at retail stores has experienced an increasing trend in recent years. Spending on physical video at retail decreased significantly, as the video retail market was taken over by digital video. In 2018, the value of retail video sales amounted to 616.8 million British pounds.  

Video game retail in the UK

The revenue generated through the retail sales of video games has been increasing in the UK since 2012, reaching nearly 3.9 million British pounds in 2018. The same year, the unit price of physical video games amounted to approximately 35 British pounds on average.