{"id":12146,"date":"2022-09-28T08:48:29","date_gmt":"2022-09-28T12:48:29","guid":{"rendered":"https:\/\/dev2.worldscreen.com\/tveurope\/worldscreen.com\/"},"modified":"2022-09-29T11:38:40","modified_gmt":"2022-09-29T15:38:40","slug":"u-k-home-entertainment-market-poised-for-5-5-billion-growth","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2022\/09\/28\/u-k-home-entertainment-market-poised-for-5-5-billion-growth\/","title":{"rendered":"U.K. Home Entertainment Market Poised for \u00a35.5 Billion Growth"},"content":{"rendered":"
The Evolution of Home Entertainment Report 2020-2025<\/em>, from the British Association for Screen Entertainment (BASE) and DEGI: The Digital Entertainment Group International, predicts U.K. category growth of \u00a35.5 billion ($6.2 billion) by 2025.<\/p>\n The sector was worth \u00a33.3 billion ($3.5 billion) in the\u00a0U.K. in 2020 and \u00a33.7 billion ($3.9 billion in 2021. The projection of\u00a0\u00a35.5 billion\u00a0marks a rise of 114 percent on the pre-pandemic predictions.<\/p>\n The report also forecasts transactional cumulative consumer spend of \u00a32.4 billion ($2.7 billion) by this time.<\/p>\n With the addition of box office and\u00a0pay TV, the market is set to reach\u00a0\u00a312 billion ($12.8 billion) by 2025. The U.K. is\u00a0estimated to represent 5 percent of the\u00a0global market.<\/p>\n Liz Bales, chief executive of BASE and DEGI, said: \u201cThe evolution of Home Entertainment is in full force and this report is a bold vision of the category\u2019s future. Built on the pillars of data and analysis that are the foundations of the BASE and DEGI agenda, it envisions a landscape of opportunity for the sector, with predicted U.K. category growth of \u00a35.5 billion by 2025, a rise of 114 percent on the \u00a32.5 billion predicted pre-pandemic, and a forecast transactional cumulative consumer spend of \u00a32.4 billion by 2025. Where transactional formats expand to embrace premium, SVOD embraces AVOD, joined by FAST, all offering consumer choice and taking a share of growing consumer engagement.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" The Evolution of Home Entertainment Report 2020-2025, from the British Association for Screen Entertainment (BASE) and DEGI: The Digital Entertainment Group International, predicts U.K. category growth of \u00a35.5 billion ($6.2 billion) by 2025.<\/p>\n","protected":false},"author":350,"featured_media":12147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[75,69],"tags":[],"class_list":["post-12146","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-analysis","category-top-stories"],"yoast_head":"\n