UK Games Market Hits Record £5.7bn

UK Games Market Hits Record £5.7bn

5 years ago
Anonymous $syBn1NGQOq

https://wccftech.com/uk-games-market-hits-record-5-7bn/

If there’s one thing we know from their financial reports, the large companies of the games industry aren’t actually struggling, despite what the missing of targets and recent layoffs may indicate. Activision (NASDAQ:ATVI) had a record year in 2018, Electronic Arts (NASDAQ:EA) brought in $262 of net income for the final three months of 2018 alone, Ubisoft (EPA:UBI) surpassed their Oct-Dec 2018 targets and even Nintendo (TYO:7974) saw a strong end of the year with a significant increase in profits.

One area that has truly benefitted from the continued growth of video games is the UK market. Today at the London Games Festival, Ukie – the trade body for the UK’s games and Interactive Entertainment industry – revealed that the consumer market in the UK alone reached a whopping £5.7 billion across 2018. This spanned across software, hardware and other game-related culture.