UK games biz has ‘most successful year ever’
£2bn and counting
The UK's computer and video games market generated around £2 billion in sales last year even though revenues from hardware sales are expected to have fallen during 2003.
According to early estimates, sales of consoles and hardware remained flat in 2003. However, due to price competition in the run-up to Christmas, revenues are expected to be down.
Yet official figures from the Entertainment and Leisure Software Publishers Association (ELSPA) reveal that software sales were up from £1.01 billion in 2002 to £1.26 billion last year.
As a result, overall sales of games software and hardware are expected to remain stable at around £2 billion.
Said ELSPA top man, Roger Bennett: "Once again, the UK industry has seen its most successful year ever.
"The UK video games industry sales have been on the rise for the last 20 years - it topped the £2 billion mark for the first time in 2002 and this year, once the final figures for all hardware are compiled, will see that dynamic trend continue," he said. ®