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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
United Kingdom Gaming Console Market Size
The United Kingdom gaming console market reached approximately USD 1.61 billion in 2023. The market is projected to grow at a CAGR of 3.60% between 2024 and 2032, reaching a value of around USD 2.22 billion by 2032.
United Kingdom Gaming Console Market Outlook
- As per the Association for UK Interactive Entertainment (UKIE) report, gaming console sales witnessed an increase of 12 per cent in 2023.
- As per the industry reports, the growth of the gaming sector in the UK was 2.9 per cent in 2023, creating ample opportunities for gaming consoles.
- Microsoft finalised its acquisition of Activision Blizzard, the maker of Call of Duty, in a deal worth USD 69 billion in October 2023, marking the largest deal in the gaming sector to date following approval from UK regulators.
United Kingdom Gaming Console Market Growth
The rising availability of exclusive titles in consoles, the burgeoning popularity of subscription services, and the growth of female gamers are some of the prominent market drivers. Subscription services such as Xbox Game Pass and PlayStation Now have gained significant popularity due to their extensive game libraries available for a monthly fee. These platforms not only offer value for money but also ensure that players remain engaged with a regular flow of new content.
The launch of next-gen gaming consoles such as the PlayStation 5 and Xbox Series X/S has sparked significant attention and boosted sales in the market. These consoles provide enhanced visuals, quicker loading speeds, and cutting-edge features such as ray tracing and advanced haptics, catering to gamers seeking the latest in technology.
United Kingdom Gaming Console Industry Segmentation
“United Kingdom Gaming Console Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Home Consoles
- Handheld Consoles
- Hybrid Consoles
- Dedicated Consoles
- Others
Market Breakup by Platform
- PlayStation
- Xbox
- Wii
- Others
Market Breakup by End Use
- Personal
- Commercial
Market Breakup by Distribution Channel
- Online
- Offline
Market Breakup by Region
- England
- Wales
- Northern Ireland
- Scotland
United Kingdom Gaming Console Market Share
Based on the platform, the market is divided into PlayStation, Xbox, and Wii, among others. PlayStation accounts for a substantial market share as PlayStation has built a strong brand presence in the United Kingdom throughout the years, boasting a devoted customer base that extends across various console generations. PlayStation is also renowned for its collection of exclusive game titles, including the famous "Uncharted" series, "The Last of Us," "Spider-Man," and "God of War" which play a pivotal role in boosting console sales.
Leading Companies in the United Kingdom Gaming Console Market
The market players are investing heavily in exclusive titles to stay ahead of the competition.
- Sony Corporation
- Microsoft Corporation
- Nintendo Co., Ltd.
- Logitech International SA
- Atari Inc.
- Meta Platforms Technologies, Inc.
- Samsung Electronics Co. Ltd.
- Valve Corporation
- HTC Corporation
- ASUSTEK Computer Inc.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Platform |
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| Breakup by End Use |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 1.61 billion.
The market is estimated to grow at a CAGR of 3.60% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 2.22 billion by 2032.
The market is being driven due to rising availability of exclusive titles in consoles, the burgeoning popularity of subscription services, and the growth of female gamers.
The key trends aiding the market include the launch of next-gen gaming consoles, effective marketing strategies, and technological advancements.
Regions considered in the market are England, Wales, Northern Ireland, and Scotland.
Based on platform, market segmentations include PlayStation, Xbox, and Wii, among others.
Various end uses are personal and commercial.
The major players in the market are Sony Corporation, Microsoft Corporation, Nintendo Co., Ltd., Logitech International SA, Atari Inc., Meta Platforms Technologies, Inc., Samsung Electronics Co. Ltd., Valve Corporation, HTC Corporation, and ASUSTEK Computer Inc., among others.
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