US consumer spending on games reaches hits all-time high in Q1 2020
US consumers spent a record $10.8 billion on video games in the first quarter of 2020, according to NPD, via VGC. This is up 9 percent year over year. The surge in spending is clearly related to coronavirus lockdown measures.
The figure include sales of video games hardware, software and accessories, in both physical and digital formats.
The period’s bestselling titles include Animal Crossing: New Horizons, Call of Duty: Modern Warfare, Doom Eternal, Dragon Ball Z: Kakarot, Fortnite, Grand Theft Auto V, Minecraft, MLB The Show 20 and NBA 2K20.
Even the hardware segment saw a two percent in the quarter at $773 million, mostly due to sales of Nintendo Switch.