March 13, 2020
Video game sales in February dropped 29% to $755 million from $1.06 billion in the previous-year period, according to new data from The NPD Group. Notably, the decline wasn’t just associated to hardware as console manufacturers ready next-generation device launches for the winter holidays.
Sales of new game software titles plummeted 36% to $307 million from $480 million last year. Hardware fell 34% to $183 million from $277 million.
As has been the case for the past year, Nintendo Switch was again the console sales leader in unit and dollar terms despite being down from last year. Microsoft’s Xbox Elite Series 2 Wireless Controller was the best-selling accessory.
In a social media post, NPD analyst Mat Piscatella said the results were expected and indicative of ongoing industry trends.
“Lack of new releases always hurts, and the late cycle dynamics we’re seeing on hardware are what they are,” Piscatella tweeted. “Ring Fit Adventure [Nintendo] continues to climb, we’ll have to see if inventory challenges appear in the coming months.”
Other top-selling titles included No. 1 Call of Duty: Modern Warfare (Activision); NBA 2K20 and Grand Theft Auto V (Take-Two); Dragon Ball Z: Kakarot (Bandai Namco); Tom Clancy’s The Division 2 (Ubisoft Entertainment); Mario Kart 8 and Ring Fit Adventure (Nintendo); Madden NFL 20 (Electronic Arts); Super Smash Bros. Ultimate (Nintendo) and Star Wars Jedi: Fallen Order (EA).