December 11, 2020
Spurred by a record $1.4 billion in hardware spending on new-generation consoles, November video game spending increased 35% to a record $6.97 billion, according to new data from The NPD Group. Sales of Microsoft Xbox Series X and Series S units, coupled with PlayStation 5, upped hardware sales 58% from $886 million from the previous-year period.
Hardware sales through 11 months approached $4 billion, up 34% from last year. Accessories increased 8% to $314 million, from $290.7 million. Year-to-date, accessory sales are up 22% to $2.07 billion, from $1.69 billion, driven by Sony’s DualSense Wireless Controller.
Software revenue increased 32% $5.24 billion, compared with $3.96 billion last year. Year-to-date revenue is up 21% to $38.4 billion, from $31.73 billion. Activision’s Call of Duty: Black Ops Cold War was the top-selling title of the year, marking 13 straight years the franchise has topped annual software sales.
Through 11 months of the year, total video game spending is up 22% to $44.5 billion, from $36.47 billion last year.