Spending on console games in the UK has dropped by 25 per cent and overall spending on video games is down 3 per cent, a new report has found.
According to the Total Consumer Spend 2010 report, released by Dutch video game market research firm Newzoo, Brits spent a total of £3.7 billion on games in 2010, registering a drop of 3 per cent when compared to last year.
The 25 per cent decline on console game spending was compensated by the rise in spending on massively multiplayer online (MMO) games, which grew by 27 per cent, and on games for social networking platforms, which grew by 66 per cent.
Peter Warman, MD of Newzoo said in a statement: “Our data shows consumers are not simply moving away from console games, but spreading their budget across more platforms. Their choice of game genre and platform depends on time, place, social setting and the need they are seeking to satisfy at that moment.”
"There is no longer such thing as a typical casual or core gamer, as on average, consumers play games on more than 3.5 platforms and more than 85% of all gamers spends time on casual game platforms," he added.