Videogaming Drew 30% Rise in Q1 Spending: NPD
U.S. consumer spending on videogaming reached $14.92 billion in Q1, rising 30% from the 2020 quarter, reported NPD Thursday. It had gains across the board, from digital console and PC content to mobile and subscription services, plus hardware and accessories…
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categories. Content spending jumped 25%, and hardware and accessories gained 81% and 42%, respectively. Videogaming engagement and spending continue to thrive from changes in consumer behavior due to the COVID-19 pandemic, but “we are also seeing cyclical gains from the November launches of both the PlayStation 5 and Xbox Series consoles,” said analyst Mat Piscatella.