Whilst the Japanese market was worth £520,000 more than the UK in 2008, it declined year-on-year by 15 per cent. In comparison, the UK boomed by 18.5 per cent. If these trends continue ion 2009, the UK will attain an annual video games market value of £4.77bn.
In contrast, Japan is currently on target to achieve a 2009 market value of £3.86bn. Both could pale in comparison to the USA market, however, which could prove to be worth as much as £17.7bn, though it will have to reverse its current rate of decline to do so.
To read MCV’s Global Market Analysis in full, click here.