The Association for UK Interactive Entertainment said total retail video game product sales in the UK hit £2.52 billion ($3.9 billion) in 2011, a figure which beat the group's estimates, but still puts the market down 13 percent year-over-year.
In 2010, the industry pulled in £2.9 billion ($4.48 billion)
, which was 13 percent down from 2009's £3.3 billion ($5.1 billion). The last year the market saw growth was in 2008, when revenues hit £4 billion (6.1 billion).
Broken down, total 2011 sales of console video game software hit £1.42 billion, ($2.2 billion), while revenue from video game hardware reached £646 million ($1 billion). Revenue from video game accessories was £453 million ($701 million).
With PC games excluded, retail console sales brought in £1.35 billion ($2.1 billion).
According to UKIE, eight of the year's top 10 retail games debuted in the all-important fourth quarter, with a record 51 percent of annual revenue generated during this period. The top selling game overall was Activision's Call of Duty: Modern Warfare 3
, which broke sales records by selling 2 million units in five days.
UKIE also reported that sales for motion control-enabled software for the Kinect, PlayStation Move, and Wii saw a healthy bump in 2011, making up 14.5 percent of software sales, up from just 6.7 percent in 2010. Popular titles in this category include Ubisoft's Just Dance 3
, and traditional console games like LittleBigPlanet 2
and Forza Motorsport 4
, both of which feature optional motion control features.
The Japanese video game retail industry declined in 2011 as well, down eight percent
. Data for the United States video game retail market will be available next week courtesy of The NPD Group.