December saw new records for consumer spending on video games in the United States of $7.7 billion, according to industry-tracking firm The NPD Group. The new PlayStation 5 and Xbox Series X/S hardware drove that, but ongoing success for Nintendo’s Switch platform was also instrumental.
“December 2020 consumer spending across video game hardware, content and accessories reached a December record $7.7 billion, 25% higher when compared to a year ago,” NPD analyst Mat Piscatella said. “Full-year spending also set a new record, totaling $56.9 billion, 27% higher than 2019.”
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