Entertainment Retailers Association revealed revenues of £4.2billion for the games industry in 2020, which takes them up by 14.5 per cent since 2019.
These numbers mean the digital game business alone is now worth more than twice as much as the entire music market.Global lockdowns were a boost to the games market as a whole last year, with digital games drawing the largest chunk of revenue.
The digital games market includes streaming, mobile, subscriptions, and downloaded content for games – amassing 3.6billion during 2020.Although physical games didn’t fare quite as well, they still saw an increase of four per cent in revenue, totalling £598.5million.
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