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Creation Funding and Regional Policies John Kroeger, Head, Computer Games, Publishing, DTI Video Game Forum - IDATE - 22 November 2005. More people than ever before are playing games Around 21m gaming devices sold in the UK since 1995 Enough for nearly every British household to have one
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Creation Funding and Regional Policies John Kroeger, Head, Computer Games, Publishing, DTI Video Game Forum - IDATE - 22 November 2005
More people than ever before are playing games • Around 21m gaming devices sold in the UK since 1995 • Enough for nearly every British household to have one • Across Europe – over 85m pieces of hardware sold in that period – and nearly 300m globally • Over 200m pieces of leisure software sold in UK – enough for every household to have nearly 9 titles each • Close to 1bn titles sold across Europe and nearly 3bn globally Source: Screen Digest
European software market to exceed €6bn this year Source: Screen Digest
The UK is the largest leisure software market in Europe and 3rd largest in the world (€m)
UK Government is Interested! • Policy, however: • encourages innovation horizontally across sectors with high growth potential • Enables regionally driven initiatives • Provides environment to help enterprise to set up and grow.
Encouraging horizontal innovation • Examples: • R & D Tax Credits • Technology Programme (£320 m over 3 years) • Business Link network
Regional initiatives • Examples: • Proof of Concept- Scottish Enterprise • Gripp –Games Republic Integrated Prototype Production- Yorkshire • RVCF (Regional VC Funds)
Environment to help enterprise Evidence: • UK is the EU leader in attracting inward investment • 4.3 million SMEs in UK (575,000 more than in 1997) • Un-employment at 4.7%
US company EHQs in Europe UK market share (2002–2004) % market share Source: EIM 2005 Source: UKT&I
US company EHQs in the UK(by UKTI Priority Sector & region) Source: Dun & Bradstreet 2005 Source: UKT&I