UK experiences a wave of video game start-ups, says TIGA
1UK experiences a wave of video game start-ups, says TIGA.
LONDON, June 6, 2022 /PRNewswire/ -- TIGA, the trade association representing the UK video games industry, published new data today showing a wave of new games studios started up in the UK.
557 new studios were formed between April 2020 and December 2021.[1]
TIGA's research shows that:
There has been an enormous increase in the rate of start-ups.
Between April 2020 and December 2021, 557 new studios were formed.
This represents an average rate of 27.8 start-ups per month.
This compares to 10.9 start-ups per month on average for the previous research period (November 2018 to April 2020).
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The vast increase in start-ups has in turn increased the overall studio population in the UK.
The number of verifiable, discrete independent and publisher-owned studios leapt by a dramatic 47 per cent from 1,041 in April 2020 to 1,528 in December 2021.