NPD: December Video Game Revenue Skyrocketed 25%; Yearly Revenue Reached Record $57 Billion

The pandemic and new game systems helped drive December video game revenue to $7.7 billion, up 25% from $6.1 billion during the previous-year period. 2020 also set an all-time high in revenue with $56.9 billion, an increase of 27% from $44.3 billion in 2019, according to new data from The NPD Group.

The November launches of PlayStation 5 and Xbox Series X and Series S consoles contributed to hardware revenue jumping 38% to $1.35 billion from $978 million last year — the highest hard ware sales in eight years. The tally almost equaled $1.41 billion in hardware sales in 2019.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

While Sony and Microsoft hardware get the headlines, it was Nintendo’s Switch that quietly proved to be the best hardware seller throughout 2020 when it comes to unit sales and revenue. NPD said 2020 Switch sales were the best for a hardware device since the Nintendo Wii in 2008.

Accessories revenue spiked 15% to $546 million from $475 million last year. Accessories totaled $2.6 billion in 2020, up 21% from $2.14 billion in 2019. Sony’s DualSense Wireless Controller was the best-selling gamepad, while Turtle Beach’s Ear Force Recon 70 Gaming Headset Black for Xbox was the best-selling headgear.

Software sales in December rose 23% to $5.8 billion from $4.71 billion in 2019. Full-year sales jumped 26% to $48.98 billion, compared with $38.8 billion a year ago.

The top-selling title in December and 2020 was Call of Duty: Black Ops Cold War (Activision), followed by Call of Duty: Modern Warfare and Nintendo’s Animal Crossing: New Horizons.

 

NPD: December Video Game Sales Fell 15%

As expected, sluggish video game sales declined for the fifth straight month, falling 15% to $2.98 billion from $3.5 billion in the previous-year period, according to new data from The NPD Group.

Hardware sales fell 17%, to $973 million from $1.17 billion. Software dropped 13% $1.14 billion from $1.31 billion. Accessories and game cards dropped 14% to $869 million from $1.01 billion.

Follow us on Instagram

Overall, spending fell 13% to $14.6 billion from $16.78 billion. A dearth of new gaming consoles contributed to hardware sales plummeting 22% to $3.9 billion from $4.43 billion; software dropped 9% to $6.6 billion, compared to $7.25 billion; and accessories/game cards dropped 7% to $4.1 billion from $4.4 billion.

As has been the situation all year, Nintendo Switch was the best-selling hardware platform.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

Call of Duty: Modern Warfare topped the software dollar sales chart for the third straight month, and closed out as 2019’s top seller overall.

“That makes 11 straight years that the Call of Duty franchise was the year’s best seller,’ analyst Mat Piscatella said in a statement.

Meanwhile, Star Wars Jedi: Fallen Order finished No. 2; Madden NFL 20 (No. 3) and No. 4 NBA 2K20. No. 5, Luigi’s Mansion 3; No. 6, Pokemon Sword; No. 7, Mario Kart 8; No. 8, Super Smash Bros. Ultimate; No. 9, Pokemon Shield; No. 10, Minecraft.