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UK Video Gaming Market Report 2014(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/vqzknv/video_gaming) has announced the addition of the "Video Gaming Market Report 2014" report to their offering. This report estimates that, in 2013, the combined value of the video gaming software, hardware and accessories market increased by 9.8% on the previous year, and was 3.4% greater than in 2009. Growth in the market is expected to have been skewed heavily towards the end of the year in the run-up to Christmas, following the release of the new generation of games consoles: the Wii U, PlayStation 4 (PS4) and Xbox One, from Nintendo, Sony and Microsoft, respectively, with the latter two consoles being released in November. Two exciting developments for the industry include the March 2014 decision by the European Commission to approve a tax break from the UK Government to the country's video gaming sector, providing a tax credit worth 25% of qualifying production costs and forecast to be worth in the region of ?35m annually. Internationally, in early 2014, the People's Republic of China (PRC) suspended its ban on the sale of foreign video consoles in the country, thus providing a potentially lucrative new market for video gaming hardware and software sales, thought to be worth in excess of $13bn. This report forecasts that, in 2014, the UK market for video gaming will continue to benefit from the release of the new generation of video games consoles, thereby recording growth of 6.5%. Further in the future, growth will begin to taper following the initial success of these consoles, as they begin to progressively reach saturation levels. Nevertheless, this report forecasts that by 2018 the UK market for video gaming will reach a value 17% higher than that seen in 2014. Key Topics Covered: 1. Foreword 2. Introduction and Definition 3. Executive Summary 4. What's KEY in the Market? 5. Market Size, Segmentation and Forecasts 6. Competitor Analysis 7. Buying Behaviour 8. Strengths, Weaknesses, Opportunities and Threats 9. PESTEL 10. Further Sources 11. Understanding Consumer Survey Data Companies Mentioned - Activision Blizzard - Electronic Arts - Konami Digital Entertainment - Microsoft - Nintendo - Sega - Sony Computer Entertainment - Square Enix - Take-Two Interactive - Ubisoft For more information visit http://www.researchandmarkets.com/research/vqzknv/video_gaming CONTACT: Research and Markets, Laura Wood, Senior Manager. [email protected] Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Gaming (http://www.researchandmarkets.com/categories.asp?cat_id=134&campaign_id=vqzknv) . (c) 2014 M2 COMMUNICATIONS |