News
Erik Gruenwedel
August 10, 2020
Spurred by home-bound consumers due to the ongoing coronavirus pandemic, video game sales of new titles, hardware and accessories during the second quarter (ended June 30) hit an all-time period high of more than $11.6 billion, which was up 30% from revenue of $8.92 billion, according to new data from The NPD Group.
Console sales, which include Nintendo Switch, increased 57% to $848 million from $540 million during the previous-year period. Accessory sales, which include gamepads, headsets, steering wheels and related items) increased 50% to $584 million, from $389 million.
Subscribe HERE to the FREE Media Play News Daily Newsletter!
Software sales, which include physical, digital, PC content, mobile and subscription, increased 28% for the quarter to $10.2 billion, from $7.98 billion, with broad gains (including physical content, digital, mobile and subscription).
Follow us on Instagram
Related Posts
NPD Shocker: Video Game Spending Skyrockets 35% in MarchApparently, all it takes is a pandemic to breath new life into the video game industry. New data from The NPD Group found consumer spending on games, accessories and hardware jumped 35% to more than $1.5 billion in March compared…
2017 U.K. Video Spending Up 7.5%Consumers in the United Kingdom spent £2.69 billion ($3.65 billion) on video content in 2017, up 7.5% from £2.5 billion ($3.39 billion) in 2016, according to the British Association for Screen Entertainment (BASE), which cited data from the Official Charts…
Microsoft Launching Video Game Streaming ServiceMicrosoft Oct. 8 announced details of a new video game streaming platform – dubbed Project xCloud – that enables users to play console games regardless of device. The platform is set to launch public trials sometime next year. Microsoft, whose…
Netflix Shoots Down Video Game InterestNetflix has become much bigger than its 125 million global subscriber base. Like ecommerce behemoth Amazon, every move made by the SVOD pioneer can send ripples through Wall Street. On June 13, TechRadar claimed an exclusive on Netflix’s plans to…
