Technology content trusted in North America and globally since 1999
8,554 Reviews & Articles | 66,482 News Posts

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

By: Michael Hatamoto from Feb 12, 2014 @ 14:40 CST

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_01

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

Related Tags