Tech Gaming Report

Latest Tech & Gaming News

U.S. consumers spend record amounts on video games in 2020, NPD reports

U.S. consumers spend record amounts on video games in 2020, NPD reports

Spending on video games set a new record of $ 56.9 billion in the United States in 2020. New NPD Group Report, 27% increase compared to 2019. Hardware spending reached $ 5.3 billion, the highest level since 2011, an increase of 35% compared to 2019. NPD classifies video game spending as “video game hardware, content” retail and digital storefront spending. , And accessories. ”

With the release of the PS5 and the new Xbox console last year, it was Nintendo Switch that won the crown as the best-selling platform throughout the year. Both dollar sales and unit sales were number one. The PS5 was the second-selling console in dollar sales, and the PS4 was the second-selling console.

Nintendo is similarly software-dominated, publishing 10 of the 20 best-selling games of the year.However, both of the top two best-selling games call of Duty,When Black Ops: Cold War 2019s in the first place Duty Modern Warfare Call 2nd place. NPD’s Mat Piscatella call of Duty The franchise is currently the best-selling game franchise in the United States for the 12th consecutive year.

It’s not surprising that people spent a lot of money primarily on home entertainment in the same year as the pandemic, especially with the launch of new consoles. The surge in video game spending was apparent in July when the NPD Group reported in June that US video game spending hit a 10-year high.

See also  t3n – digital pioneers | The magazine for digital business