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Video game industry sees strongest growth in over two years

Written by Andre Yoskowitz (Google+) @ 22 Nov 2013 21:15 User comments (6)

Video game industry sees strongest growth in over two years According to research firm NPD, the video game industry had its best quarter in over two years.
For the quarter ended September 30th, US gamers spent $3.45 billion, a large 17 percent year-over-year increase.

Digital sales, which include social network casual games, full games, DLC, subscriptions and mobile games jumped to $1.72 billion, followed by new physical game sales at $1.3 billion and used games accounting for $436 million.

Digital content sales were up 35 percent, and new physical games were up 20 percent.

The fourth quarter is expected to be massive for the industry, following the launch of the Xbox One and PlayStation 4. Each console saw over 1 million unit sales in their first days of launch, and game sales are expected to get a large boost across the board.

Tags: console NPD

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6 user comments

122.11.2013 21:19

Bring on the holiday sales already. My clicker thumb itches to buy.

223.11.2013 22:51

Gee, AMAZING, the release of three new consoles (more, if you count the Ouya and similar systems) can energize the market! Who would'a thunk it? lol

This message has been edited since its posting. Latest edit was made on 23 Nov 2013 @ 22:52

324.11.2013 1:49

You can't blame piracy on this one....

424.11.2013 2:10

Quote:
You can't blame piracy on this one....
And companies that continue to not hit their unrealistic targets still will.

524.11.2013 7:11

Originally posted by ivymike:
You can't blame piracy on this one....
we could manipulate the figures and say piracy helped the video game industry.

custom built gaming pc from early 2010,ps2 with 15 games all original,ps3 500gbs with 5 games all original,yamaha amp and 5.1channel surround sound speakers,46inch sony lcd smart tv.

624.11.2013 12:09

Originally posted by xboxdvl2:
Originally posted by ivymike:
You can't blame piracy on this one....
we could manipulate the figures and say piracy helped the video game industry.

You don't have to. Several studies show that pirates consume more paid content than other users. SO, indirectly at least, piracy IS beneficial ^^' .

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