Spanish video game market fastest growing in Europe
Iñaki Ferreras | 13-12-2012
The Spanish video game market has grown more than any other in western Europe, with an increase of 17% compared to 2011, according to a study from Newzoo.
The study used figures from the markets in the UK, Germany, France, Italy, Spain, Belgium and Denmark. The Spanish market takes about three-quarters of the €20,000 million (€15.381 million) collected by the European gaming market.
Similarly, consumption of mobile games in Spain has almost equalled that of games consoles, with 12.9% and 13%, respectively, reports Europa Press.
Spain has also exceeded consumption across four screens (computer, TV, mobile and tablets), with 33%, compared with an average of 21% in Europe and 22% in the United States.
The report also notes that the European video games market is growing faster than that of the US. Video game consumer spending increased by 3% in Europe, compared with 1% in the United States. In the coming years it is expected that both the European and the US will increase their consumption by more than 17% and 36%, respectively, as more players start spending money on games.
Finally, the report explained that the digital distribution of online content on smartphones and tablets is helping to sustain the decline of physical sales of video games.