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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.

Published Wed, Feb 12 2014 2:40 PM CST   |   Updated Sat, Aug 8 2020 10:29 AM CDT

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.

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

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 SOURCE:npd.com

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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