2024 is simply across the nook so ice these Christmas plans for a second – the time to get forward of the curve is now.
We’re kicking off 2024 with our triumphant return to the UK’s capital for our flagship convention, Pocket Gamer Connects London, and this yr’s present is our tenth anniversary occasion so it’ll be larger, higher and extra important and fascinating than ever!
Be a part of us for the main cellular gaming {industry} convention in Europe (in powered-up tenth anniversary type) on January twenty third to twenty fourth by getting your tickets from the occasion website right here.
And are available th massive day you will 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. Plus take part in all of our industry-leading matchmaking occasions that put you in contact with dream enterprise contacts, unbelievable prizes and media protection alternatives, akin to our Very Massive Indie Pitches, Investor Connector, Writer SpeedMatch and far, far more.
And to get you within the temper for every little thing UK gaming and 2024 prospects let’s check out the state of play.
The UK market at a look
The Affiliation for U.Okay. Interactive Leisure (Ukie) state of their 2023 report that the UK online game shopper market was £7.05 billion. This determine is 17% above pre pandemic ranges because the ‘Covid increase’ realigned notion and demand for digital leisure.
Software program revenues have remained regular within the UK rising 0.4% to £4.57 billion, thanks partly to progress in digital PC and people all-important cellular video games gross sales. In reality cellular app gross sales are up 11% year-on-year to £1.43 billion.
Extremely the 2023 report discovered that by way of 2022, 16% of the £4.57bn recreation software program whole was spent on video games developed by British recreation firms. And whereas the world is welcome at Pocket Gamer Connects London, it is these devs and publishers that might be turning out in drive!
Plus – in a primary for 2023 – a brand new report from FTI Consulting and Ukie has put numerical worth on the use and financial contribution of online game know-how in sectors outdoors the video games {industry}…
Highlights on this class embody the help of practically 10,000 jobs nationally, £760 million in Gross Home Product (“GDP”), and £380 million in labour earnings – exercise which constitutes £250 million in authorities revenues. General output of simply this spillover gaming know-how got here to an additional £1.3 billion on prime of the £7.05 billion instantly attibuted to the video games {industry} itself.
Simply that ‘further’ spillover is equal to the UK timber and forestry {industry}, the aluminium manufacturing {industry} or the biking {industry}!
“We’re happy to see the UK video video games shopper market has maintained its progress trajectory and stays in-line with the place we anticipated it to be in 2019,” stated Ukie CEO Dr. Jo Twist OBE. “Though we might have seen a pure levelling off following elevated spending throughout the lockdown years, it’s clear that the urge for food for video games and video games tradition within the UK continues to be robust.”
Seeking to the longer term, the expansion is estimated to proceed! The market measurement is anticipated to extend by 6.5% and reveals 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 throughout the subsequent 5 years, a bounce of 23.09%.
You possibly can dive deeper into the UK market on Ukie’s official web site.
And throughout Europe too
And it is the identical story throughout Europe. The video video games market in Europe is projected to realize a income of £25.49bn by the tip of 2023. That is up from £19.59 the yr earlier than and reveals an annual progress price (CAGR 2023-2028) of 6.93%. At this trajectory the projected market quantity will hit £35.63bn by 2028.
Among the many numerous segments within the video video games market, the biggest is in-game promoting, which is anticipated to have a market quantity of £6.71bn by finish 2023.
In Europe at this time, an unbelievable 53% of the inhabitants aged 6-64 years previous performs video video games. 76% of online game gamers are 18 years or older with the higher bracket going all the best way as much as 64 years previous and 32 being the typical age of a online game participant in Europe
At present’s European video video games {industry} employs 110,000 folks in Europe in 2022 throughout arts, programming, design, manufacturing, high quality assurance, audio, and lots of different specialist fields.
The UK and Europe are a hotbed of online game exercise with cellular main the cost and Pocket Gamer Connects London being the premier place to satisfy the {industry} and stake your declare inside it.
Ebook your ticket to London at this time!
Pocket Gamer Connects London is our greatest occasion of the yr, and now could be the right time to guide your ticket to affix us this January.
Head over to our official convention web page at this time and profit from our restricted time presents – proper now can save as much as £180 on the total ticket for those who safe your spot earlier than January 4th. Do not delay!
