The value of the entertainment and media market in the United Kingdom (UK) has been increasing since 2013, reaching over 62.8 billion British pounds in 2017. By 2023, the UK’s entertainment and media market worth is projected to reach 80.5 billion British 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.
Value of the entertainment and media market in the United Kingdom from 2013 to 2023
(in billion GBP)
* Forecast. Figure for 2020 was published by PwC in 2016, figure for 2021 was published by PwC in 2017, figures for 2018 and 2022 were published by PwC in 2018, figures for 2019 and 2023 was published by PwC in 2019.
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PwC. (June 6, 2019). Value of the entertainment and media market in the United Kingdom from 2013 to 2023 (in billion GBP) [Graph]. In Statista. Retrieved July 06, 2020, from https://www.statista.com/statistics/237778/value-of-the-entertainment-and-media-market-in-the-uk/
PwC. "Value of the entertainment and media market in the United Kingdom from 2013 to 2023 (in billion GBP)." Chart. June 6, 2019. Statista. Accessed July 06, 2020. https://www.statista.com/statistics/237778/value-of-the-entertainment-and-media-market-in-the-uk/
PwC. (2019). Value of the entertainment and media market in the United Kingdom from 2013 to 2023 (in billion GBP). Statista. Statista Inc.. Accessed: July 06, 2020. https://www.statista.com/statistics/237778/value-of-the-entertainment-and-media-market-in-the-uk/
PwC. "Value of The Entertainment and Media Market in The United Kingdom from 2013 to 2023 (in Billion Gbp)." Statista, Statista Inc., 6 Jun 2019, https://www.statista.com/statistics/237778/value-of-the-entertainment-and-media-market-in-the-uk/
PwC, Value of the entertainment and media market in the United Kingdom from 2013 to 2023 (in billion GBP) Statista, https://www.statista.com/statistics/237778/value-of-the-entertainment-and-media-market-in-the-uk/ (last visited July 06, 2020)
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