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U.S. gaming market racked up $15.39 billion spent in 2013

The gaming market in 2013 rebounded after two years of continued hardware and software developments

| Gaming News | Posted: Feb 12, 2014 8:40 pm

Total consumer spending in the gaming market reached $15.39 billion in 2013, signaling a 1 percent improvement over 2012, according to The NPD Group. Full-game downloads and downloadable content saw especially strong growth, in addition to more people embracing mobile gaming.

 

TweakTown image news/3/5/35410_01_u_s_gaming_market_racked_up_15_39_billion_spent_in_2013.jpg

 

Both gaming hardware and software, in addition to downloadable content, should increase as cost-effective next-generation hardware becomes available.

 

"The bottom line is that the overall games market is growing," said Liam Callahan, NPD Group analyst, in a press statement. "NPD reported declines in content and hardware spending in both 2011 and 2012, so the growth in 2013 is a positive indicator for future market growth as we enter the first full year with all three new consoles on the market."

 

The gaming industry is a multi-billion-dollar industry and is an indicator on the health of the overall consumer technology market.

NEWS SOURCES:Npd.com

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