scorecardUS consumers set new record by spending $57 billion on video games in 2020, says new report
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US consumers set new record by spending $57 billion on video games in 2020, says new report

US consumers set new record by spending $57 billion on video games in 2020, says new report
Tech2 min read
PIXABAY
San Francisco, As people spent most time at home owing to the pandemic, spending on video games set a new record of $56.9 billion in 2020 in the US, according to a new report.

This is a 27% increase compared to 2019.

The consumer spending on hardware reached its highest level since 2011 at $5.3 billion, a 35 per cent increase compared to 2019, according to data provided by global market research company NPD Group.

"December 2020 consumer spending across video game hardware, content and accessories reached a record $7.7 billion, 25 per cent higher when compared to a year ago," said Mat Piscatella, Executive Director at the NPD Group.

"Full year spending also set a new record, totaling $56.9 billion, 27 per cent higher than 2019".

Hardware dollar sales reached $1.35 billion in December 2020, an increase of 38% when compared to a year ago.

"Annual hardware dollar sales totalled $5.3 billion, 35 per cent higher than 2019, and the most since $5.6 billion was reached in 2011," Piscatella said in a tweet on Friday.

Nintendo Switch was the best-selling hardware platform in units and dollars for both December and the 2020 year.

Annual dollar sales of Switch hardware were the second highest for a platform in the US history.

"PlayStation 5 finished 2020 as the #2 best-selling console in dollar sales, while PlayStation 4 ranked 2nd in units sold. PlayStation 5 set a new dollar sales record for PlayStation hardware through each platform's first December," the NPD Group informed.

Call of Duty: Black Ops: Cold War was the best-selling game of both December as well as 2020, while Call of Duty: Modern Warfare was 2020's 2nd best-seller.

Call of Duty ranked as the best-selling gaming franchise in the US market for a record 12th consecutive year.

"Cyberpunk 2077 debuted as the #2 best-selling game of December, and the 19th best-selling game of 2020, despite the lack of digital tracking".

Half of the top 20 best-selling games of December were published by Nintendo.


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