- The company expects that the American gaming market will finish the year 2023 with a growth of 3%, reaching $58.3 billion.
- In the past 12 months, the revenue of the US gaming industry amounted to $57 billion. This is 1% more than the same period the previous year, and 13% more than the period from July 2019 to July 2020.
- Gaming hardware sales for this period reached $7 billion, a 19% increase from the previous year.
- The New Year period of 2023 will be relatively problem-free for the first time since 2019. The last quarter of the year is expected to have a large number of releases, and supply chains have normalized.
Consoles
- PlayStation 5, since resolving supply issues, is the market leader in the USA. Circana analysts anticipate that the console will maintain its dominant position until at least 2025.
- Currently, PS5 is selling 5% better than PS4 and 87% better than PS3 in the USA.
- However, the Xbox Series lags behind the Xbox One by 10% but outperforms the Xbox 360 by 6%.
- Nintendo Switch has surpassed the sales of Nintendo Wii in the USA. The total sales of the system in the USA now trail only Xbox 360 (by less than 1 million units) and PS2 (by less than 5 million units).
- Households with an annual income exceeding $100,000 constitute the main consumers of gaming consoles (40% of all sales). Meanwhile, the share of households with an annual income of less than $50,000 has decreased by 9 percentage points since 2020, down to 31%.
Content
- The growth in digital game purchases is the primary driver of revenue growth from content in the USA. Sales of new blockbusters have overshadowed the decline in the mobile market and in-game content volume.
- User spending on subscriptions in the USA has plateaued since November 2021. Perhaps that’s why Sony decided to omit PS Plus audience information from the latest report.
- The share of portable PC gaming is growing thanks to Steam Deck and ASUS ROG Ally.
Accessories
- The most common accessories are headphones and gamepads.
- In 2023, headphone sales in the USA increased by 2% compared to 2022.
