Despite the drop, games industry sales were worth £7.05bn last year and are still 17% above pre-pandemic levels.
The value of the UK video games market fell by 5.6% last year, according to trade body UKIE.
UKIE CEO Dr Jo Twist said: "We're pleased to see the UK video games consumer market has maintained its growth trajectory."She added: "Although we may have seen a natural levelling off following increased spending during the lockdown years, it's clear that the appetite for games and the surrounding culture in the UK is still strong."
Streaming and game video content fell by 4.8% in 2022 but this decline was expected following the pandemic boom period.Hogwarts: Legacy's release slipped to 2023, it has since broken sales records Figures released earlier this year by the Electronic Retailers Association compared gaming's economic impact in the UK with that of theThis latest report has a slightly broader remit, considering spending linked to the games industry - including things like merchandise, associated products like movies based on games, and PC hardware. This is why the overall figure of the games market's value to the UK economy is higher here than that reported by the ERA.
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