Videogames sales up 23% in UK in 2008; Market doubles in just five years
Wednesday 7th January, London, UK/... Sales of videogames hit an all-time high in 2008, according to ELSPA (the Entertainment and Leisure Software Publishers Association) which today revealed annual sales figures from GFK Chart-Track. Total sales of all videogame software and hardware amounted toŁ4.034 billion. There was a huge increase in games sales in 2008, with growth of 23 percent on figures for 2007. The market has now more than doubled over the last five years. The increasing popularity of videogames took total sales toŁ1.905 billion, compared toŁ1.552 billion in 2007. Hardware sales have been equally spectacular.
Nintendo formats led the way, with software sales of nearly 40 million units in the UK. Nintendo Wii® games were up 153 per cent, with 20.1 million units sold last year compared to 7.9 million units in 2007. Revenue from Nintendo Wii® software sales also enjoyed a dramatic increase of 112 per cent toŁ481 million, compared toŁ227 million in 2007.
The Nintendo DS® came through as the star hand-held performer, notching up a record-breaking 19.1 million software sales in the country, compared to 14.9 million in 2007. The leap represents an increase of 28 per cent year on year. Revenue from Nintendo DS® videogames sales increased by 17 per cent - fromŁ314 million in 2007 toŁ366 in 2008.
Sony’s PlayStation 3® console notched up its first full year of videogame sales in 2008. Sales rose 145 per cent, with 10.4 million units sold– more than double the 4.2 million games sold in 2007. The PlayStation 3® saw a 115 per cent rise in revenue and software sales reachedŁ334 million in 2008 compared toŁ156 million in 2007.
Microsoft Xbox 360® also continued to see growth in sales with a rise of 51 per cent of videogames sold– a total 14.9 million units sold in the UK last year, compared to 9.8 million in 2007. Revenue was also up by 38 per cent, withŁ443 million in 2008 compared toŁ320 million in 2007.
The total revenue for the UK’s console hardware sales in 2008 wasŁ1.422 billion - an increase of 14 per cent compared toŁ1.252 billion in 2007. The total value of console gaming peripherals increased by 82 per cent, with total sales reachingŁ549 million compared toŁ301 million in 2007.
Michael Rawlinson, Managing Director of ELSPA, said:“It is also encouraging to see that the popularity of videogames continues to grow year on year. More than ever, videogaming is increasingly bringing families together with the introduction of so many outstanding family-based console titles. These have really opened up the market to those who may never have even considered playing a videogame before.”
Total videogames software sales reached an all-time high in 2008 with 82.8 million units sold all-told in the UK. The total gross generated from the sale of all videogames including hardware and accessories rose 23 per cent toŁ4.034 billion.
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About ELSPA - http://www.elspa.com
ELSPA (The Entertainment&Leisure Software Publishers Association) was founded in 1989 to establish a specific and collective identity for the computer and video games industry. Membership includes almost all companies concerned with the publishing and distribution of interactive leisure software in the UK.
About GfK Chart-Track– http://www.chart-track.com
Chart-Track was formed in 1996 to monitor sales of music, videos and software through retail in the UK and Ireland. Since then they have established an unparalleled reputation for fast and accurate retail research in the home entertainment market. Part of the GfK Group since July 2008, operations now encompass the UK, Ireland, Denmark and Europe.
About askaboutgames.com:
askaboutgames.com is an easy to use guide to age ratings for computer and video games. Every game sold in the UK has a rating clearly displayed on the packaging - askaboutgames.com presents detailed explanations of these game ratings and symbols, why ratings are important and how they work. For family and friends, it is the complete guide to all you need to know to make informed choices. To find out more visit www.askaboutgames.com.
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