"Consumer spending on video game content, hardware and accessories totaled $4.6B, 6% higher when compared to a year ago," said Circana Executive Director and Video Game Industry Analyst Mat Piscatella. Spending on video game content decreased two percent from $7.84 billion to $7.68 billion, while video game hardware sales is up 29 percent from $687 million to $888.
Overall spending on video games in 2023 year-to-date is flat at $8.95. Spending on video game content increased one percent from $3.84 billion to $3.89 billion, while video game hardware sales jumped 68 percent from $295 million to $495. Overall spending on video games in February was up six percent year-on-year from $4.32 billion to $4.60 billion. In terms of dollar sales, the Xbox Series X|S was in second place, while the Nintendo was in third place. The Nintendo Switch was the second best-selling console in February in terms of units sold, while the Xbox Series X|S came in third place. PlayStation 5 sales grew enough to drive February hardware sales to its highest since the $534 million total in 2009. NPD includes the dates for the four week period of January 29 to February 25.
The PlayStation 5 was the best-selling console in the US in February 2023 in terms of units sold and dollar sales, according to figures from Circana (formerly The NPD Group). By William D'Angelo, posted on 29 March 2023 / 4,243 Views
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