San Francisco, Jan 16 (Ians) 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 per cent 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 per cent 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...
This is a 27 per cent 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 per cent 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...
- 1/16/2021
- by IANS
- GlamSham
Similar News
Helldivers 2 has a Serious Issue as Sony’s Own ToS Could Mean You Can’t Follow the New PlayStation/Steam Instructions – How Will You Play?
- 5/3/2024
- by Rohit Tiwari
- FandomWire
“Review changed to negative…”: Helldivers 2’s in Danger of Being Abandoned by the Community After New Announcement Annoys and Confuses
- 5/3/2024
- by Anurag Batham
- FandomWire
How to Watch ‘Prom Dates’ on Apple TV, Fire TV, Roku & Mobile
- 5/3/2024
- by Matt Tamanini
- The Streamable
The Surprise Winners From Hollywood’s Summer of Toys
- 8/17/2023
- by Ryan Gajewski and Aaron Couch
- The Hollywood Reporter - Movie News
Achieve That Red Carpet Glow
- 2/24/2023
- by Etcanadadigital
- ET Canada
Valentine’s Day Date Night Essential
- 2/10/2023
- by Etcanadadigital
- ET Canada
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.