Under the expert eye of Mike Hayes, Mercia has as a specialist interest in investing in businesses which operate in the digital and digital entertainment sector.
The global games market is expected to grow to an estimated $128.5billion by 2020, with the UK being a key driver of this growth:
UK consumers spent a record £4.3billion on games in 2016 and the UK was the sixth largest video games market in terms of consumer revenues after China, USA, Japan, South Korea and Germany
Overall, approximately 31.6million people in the UK play games and we are likely to see this number continue to grow
The UK remains a leading global developer of games content with some of the best talent and studios in the world
There have been some significant developments in this market over the past year, particularly within the areas of virtual reality (VR), augmented reality (AR) and mixed reality (MR) as well as in the serious games subsector, all of which are key focus areas for Mercia. VR is steadily growing as more consumers familiarising themselves with headset devices and becoming increasingly aware of the platform’s potential for compelling content and experiences. As an example of continuing games market growth, Cisco anticipates that VR headsets will grow from an installed base of 18.0million in 2016 to nearly 100.0million by 2021, a compound annual growth rate of 40%. VR and AR market developments are expected to follow a similar trend.
If your business operates in one of these sectors or you are looking for investment, then please do get in touch with the team today by completing this form.
If you would like to see more information about companies in this sector, then visit our portfolio page.