Tuesday, June 2, 2020
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Consumer spend on video games surges in April in US

San Francisco: Consumer spending in the US on video games surged further in April, touching $1.5 billion and making a new record for the month as people stayed home.

Video game sales rose 73 percent overall from April last year, according to market research firm The NPD Group.

Hardware sales were led by Nintendo Switch again.

“The year-to-date sales of the Switch are the highest of any platform in US history, topping the run of the Nintendo Wii in January-April 2009,” said games industry analyst Mat Piscatella.

Games like Call of Duty: Modern Warfare topped by the debut of Final Fantasy VII: Remake which became third-best overall this year.

In the January-March quarter, the overall total spending on video gaming reached a record of $10.86 billion.

The first quarter saw record sales driven by digital content spend across console, mobile, and PC gaming platforms, according to The NPD Group.

Nintendo Switch devices had an especially good sales quarter, helping push hardware sales up 2 percent over a year ago to $773 million.

Overall total industry consumer spending on video gaming saw an increase of 9 percent, compared to the same time period last year.

“Video Games have brought comfort and connection to millions during this challenging time,” said Piscatella.

 

SOURCE–IANS