Consumer spending on video games and related products in the United States continues to decline, according to industry-tracking firm The NPD Group. For the February 2020 NPD report released today, total industry spending on hardware, new full games, and accessories dropped significantly. It was a slow month for new releases, and gaming fans are less likely to spend big on new hardware with PlayStation 5 and Xbox Series X coming this holiday.
| February 2020 Dollar Sales |
|
Feb’19 |
Feb’20 |
Change |
| Total Video Game Sales |
|
$1,061m |
$755m |
-29% |
| Video Games Hardware |
|
$277m |
$183m |
-34% |
| PC & Video Games Software (PC, Console and Portable; Physical and Full Game Digital Formats from the STEAM, PlayStation and Xbox platforms) |
|
$477m |
$307m |
-31% |
| Video Games Accessories & Game Cards |
|
$308m |
$265m |
-11% |
“February 2020 tracked spending across Video Game Hardware, Software, Accessories and Game Cards totaled $755 million, declining 29% when compared to a year ago,” NPD analyst Mat Piscatella said. “Late cycle hardware dynamics for PS4 and Xbox One as well as a lighter new release software slate drove the variance.”
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