Games have become the fastest growing commodity in the entertainment industry in recent years. The video game market has been on the rise for the last few years. A new report shared by ERA proves how powerful the games are in the entertainment industry. According to data from the UK entertainment industry, video games are currently more than half of the total entertainment market. In the UK, games became the best-selling entertainment products, succeeding to sell more than video and music products.
Games sold more than video and music products
Digital sales increased by 12.5 percent in the UK. Call of Duty: Black Ops 4 and Red Dead Redemption 2 sold over 1 million copies on Xbox One and PS4.
CEO of ERA, Kim Bayley said the following:
“The games industry has been incredibly effective in taking advantage of the potential of digital technology to offer new and compelling forms of entertainment. Despite being the youngest of our three sectors, it is now by far the biggest.”
Music Products Total Sales: £1,334.9
Video Products Total Sales: £2,337.9
Game Sales Total: £3,863.9