PORT WASHINGTON, N.Y., Feb. 1, 2021 /PRNewswire-PRWeb/ — According to the Q4 2020 Games Market Dynamics: U.S.* report from The NPD Group, overall total consumer spending on video gaming in the U.S. continued to break records, reaching $18.6 billion in the fourth quarter (Q4) of 2020 (October – December), an increase of 26% compared to Q4 2019. Full-year U.S. games industry consumer spend across all categories reached $57 billion, a 27% increase versus 2019.
Significant Q4 and annual 2020 gains were seen across digital console and PC content, mobile and subscription spending, as well as across hardware and accessories categories.
Content spending in Q4 reached $14.5 billion, an increase of 23%, while annual spending on content topped $49 billion, a 26% increase versus 2019. Hardware and accessories also experienced double-digit percentage gains for…
